NW_LS410 Des Moines, IA Mon, Jan 10, 2022 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $232.80 $222.75 Change => 1.91 3.03 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 89,642 head of cattle. SUPPLY (Live) 39,122 Hd Equivalent: $201.56 $191.01 DEMAND (Box) 50,520 Hd* Equivalent: $264.04 $254.50 Live-Box Spread: ($62.48) ($63.49) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $276.04 Weight Price Head : Se 600-900# $266.50 Live Steer: 1480 $138.38 15,228: Current Lds: 107.3 Live Heifer: 1334 $138.24 5,364: Previous Lds: 96.0 Drsd Steer: 958 $220.05 13,144 Drsd Heifer: 863 $220.07 5,386 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 13.94 Ch 600-900# : 86.60%: Steer Dressing % : 63.14% Ch 600-750# : 35.00%: Heifer Dressing %: 63.20% Ch 750-900# : 51.59%: Processing Cost : 12.00 Se 600-900# : 13.40%: Slaughter Cost : 50.50 Se 600-750# : 3.50%: Se 750-900# : 9.91%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 232.80 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 $229.83 $240.93 $256.97 $253.93 $240.90 Certified 1-3 6.21 $211.87 $222.97 $239.01 $235.97 $222.94 Choice 1 3.58 $209.24 $220.34 $236.38 $233.34 $220.31 Select 1 -6.42 $199.24 $210.34 $226.38 $223.34 $210.31 Stndrd 1-3 -27.36 $178.30 $189.40 $205.44 $202.40 $189.37 Prime 4 11.59 $217.25 $228.35 $244.39 $241.35 $228.32 Choice 4 -11.23 $194.43 $205.53 $221.57 $218.53 $205.50 ----------------------------------------------------------------------------- *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