NW_LS410 Des Moines, IA Thu, Jan 06, 2022 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $229.53 $219.76 Change => 0.60 0.29 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 102,664 head of cattle. SUPPLY (Live) 50,046 Hd Equivalent: $202.50 $190.89 DEMAND (Box) 52,618 Hd* Equivalent: $256.56 $248.64 Live-Box Spread: ($54.06) ($57.75) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $268.56 Weight Price Head : Se 600-900# $260.64 Live Steer: 1462 $138.92 21,408: Current Lds: 154.3 Live Heifer: 1319 $138.59 10,053: Previous Lds: 155.8 Drsd Steer: 960 $220.62 12,986 Drsd Heifer: 862 $220.84 5,599 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 13.85 Ch 600-900# : 86.97%: Steer Dressing % : 63.12% Ch 600-750# : 35.15%: Heifer Dressing %: 63.13% 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 = 229.53 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 $226.56 $237.66 $253.70 $250.66 $237.63 Certified 1-3 5.92 $208.31 $219.41 $235.45 $232.41 $219.38 Choice 1 3.58 $205.97 $217.07 $233.11 $230.07 $217.04 Select 1 -7.49 $194.90 $206.00 $222.04 $219.00 $205.97 Stndrd 1-3 -28.44 $173.95 $185.05 $201.09 $198.05 $185.02 Prime 4 11.59 $213.98 $225.08 $241.12 $238.08 $225.05 Choice 4 -11.23 $191.16 $202.26 $218.30 $215.26 $202.23 ----------------------------------------------------------------------------- *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