NW_LS410 Des Moines, IA Fri, Jan 07, 2022 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $230.89 $219.72 Change => 1.36 -0.04 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 101,348 head of cattle. SUPPLY (Live) 49,198 Hd Equivalent: $201.95 $190.34 DEMAND (Box) 52,150 Hd* Equivalent: $259.82 $249.10 Live-Box Spread: ($57.87) ($58.76) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $271.82 Weight Price Head : Se 600-900# $261.10 Live Steer: 1460 $138.54 20,826: Current Lds: 96.0 Live Heifer: 1318 $138.42 10,044: Previous Lds: 154.3 Drsd Steer: 959 $220.18 13,114 Drsd Heifer: 868 $220.18 5,214 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 13.94 Ch 600-900# : 86.97%: Steer Dressing % : 63.08% Ch 600-750# : 35.15%: Heifer Dressing %: 63.07% 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 = 230.89 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 $227.92 $239.02 $255.06 $252.02 $238.99 Certified 1-3 5.92 $209.67 $220.77 $236.81 $233.77 $220.74 Choice 1 3.58 $207.33 $218.43 $234.47 $231.43 $218.40 Select 1 -7.49 $196.26 $207.36 $223.40 $220.36 $207.33 Stndrd 1-3 -28.44 $175.31 $186.41 $202.45 $199.41 $186.38 Prime 4 11.59 $215.34 $226.44 $242.48 $239.44 $226.41 Choice 4 -11.23 $192.52 $203.62 $219.66 $216.62 $203.59 ----------------------------------------------------------------------------- *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