NW_LS410 Des Moines, IA Wed, Jan 12, 2022 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $234.33 $224.58 Change => 0.54 0.86 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 97,226 head of cattle. SUPPLY (Live) 47,714 Hd Equivalent: $200.72 $190.17 DEMAND (Box) 49,512 Hd* Equivalent: $267.93 $258.98 Live-Box Spread: ($67.21) ($68.81) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $279.93 Weight Price Head : Se 600-900# $270.98 Live Steer: 1469 $137.76 20,276: Current Lds: 152.1 Live Heifer: 1321 $137.20 8,000: Previous Lds: 150.4 Drsd Steer: 963 $219.85 13,802 Drsd Heifer: 864 $219.97 5,636 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 14.01 Ch 600-900# : 86.60%: Steer Dressing % : 63.10% Ch 600-750# : 35.00%: Heifer Dressing %: 63.15% 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 = 234.33 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 $231.36 $242.46 $258.50 $255.46 $242.43 Certified 1-3 6.21 $213.40 $224.50 $240.54 $237.50 $224.47 Choice 1 3.58 $210.77 $221.87 $237.91 $234.87 $221.84 Select 1 -6.42 $200.77 $211.87 $227.91 $224.87 $211.84 Stndrd 1-3 -27.36 $179.83 $190.93 $206.97 $203.93 $190.90 Prime 4 11.59 $218.78 $229.88 $245.92 $242.88 $229.85 Choice 4 -11.23 $195.96 $207.06 $223.10 $220.06 $207.03 ----------------------------------------------------------------------------- *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