NW_LS410 Des Moines, IA Tue, Jan 04, 2022 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $229.04 $219.43 Change => 0.43 0.19 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 122,652 head of cattle. SUPPLY (Live) 73,964 Hd Equivalent: $203.25 $191.64 DEMAND (Box) 48,688 Hd* Equivalent: $254.82 $247.23 Live-Box Spread: ($51.57) ($55.59) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $266.82 Weight Price Head : Se 600-900# $259.23 Live Steer: 1497 $139.62 40,188: Current Lds: 160.2 Live Heifer: 1339 $139.27 16,339: Previous Lds: 129.1 Drsd Steer: 958 $221.45 12,062 Drsd Heifer: 867 $221.97 5,375 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 13.57 Ch 600-900# : 86.97%: Steer Dressing % : 63.40% Ch 600-750# : 35.15%: Heifer Dressing %: 63.28% Ch 750-900# : 51.81%: Processing Cost : 12.00 Se 600-900# : 13.03%: Slaughter Cost : 50.50 Se 600-750# : 3.40%: Se 750-900# : 9.63%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 229.04 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -27.14 -16.04 -3.04 -16.07 ----------------------------------------------------------------------------- Prime 1-3 24.17 $226.07 $237.17 $253.21 $250.17 $237.14 Certified 1-3 5.92 $207.82 $218.92 $234.96 $231.92 $218.89 Choice 1 3.58 $205.48 $216.58 $232.62 $229.58 $216.55 Select 1 -7.49 $194.41 $205.51 $221.55 $218.51 $205.48 Stndrd 1-3 -28.44 $173.46 $184.56 $200.60 $197.56 $184.53 Prime 4 11.59 $213.49 $224.59 $240.63 $237.59 $224.56 Choice 4 -11.23 $190.67 $201.77 $217.81 $214.77 $201.74 ----------------------------------------------------------------------------- *Reflects total boxed beef load count from past 5 days multiplied by 75, the average head per boxed beef load. (1) differentials based upon current premiums and discounts. Note: Index reflects simple average of live and box equivalents. Source: USDA Market News Service, Des Moines, IA Bryant Smith 515-284-4460 Desm.LPGMN@ams.usda.gov         24 Hour recorded market information 515-284-4830         www.ams.usda.gov/mnreports/NW_LS410.txt         www.ams.usda.gov/LPSMarketNewsPage