NW_LS410 Des Moines, IA Fri, Jan 14, 2022 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $236.18 $225.74 Change => 0.64 0.53 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 94,480 head of cattle. SUPPLY (Live) 47,817 Hd Equivalent: $200.05 $189.50 DEMAND (Box) 46,663 Hd* Equivalent: $272.31 $261.97 Live-Box Spread: ($72.26) ($72.47) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $284.31 Weight Price Head : Se 600-900# $273.97 Live Steer: 1471 $137.82 22,411: Current Lds: 85.8 Live Heifer: 1325 $136.58 10,277: Previous Lds: 126.5 Drsd Steer: 961 $218.14 12,105 Drsd Heifer: 863 $218.22 3,024 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 14.14 Ch 600-900# : 86.60%: Steer Dressing % : 62.93% Ch 600-750# : 35.00%: Heifer Dressing %: 62.86% 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 = 236.18 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 $233.21 $244.31 $260.35 $257.31 $244.28 Certified 1-3 6.21 $215.25 $226.35 $242.39 $239.35 $226.32 Choice 1 3.58 $212.62 $223.72 $239.76 $236.72 $223.69 Select 1 -6.42 $202.62 $213.72 $229.76 $226.72 $213.69 Stndrd 1-3 -27.36 $181.68 $192.78 $208.82 $205.78 $192.75 Prime 4 11.59 $220.63 $231.73 $247.77 $244.73 $231.70 Choice 4 -11.23 $197.81 $208.91 $224.95 $221.91 $208.88 ----------------------------------------------------------------------------- *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