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Beef Carcass Price Equivalent Index Value USDA - Mon Jan 18, 9:25PM UTC NW_LS410
Des Moines, IA Mon, Jan 18, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $183.06 $172.43
Change => 0.83 1.32
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Current Index Reflects the Equivalent of 130,664 head of cattle.
SUPPLY (Live) 78,144 Hd
Equivalent: $163.08 $151.02
DEMAND (Box) 52,520 Hd*
Equivalent: $203.04 $193.84
Live-Box Spread: ($39.96) ($42.82)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $215.04
Weight Price Head : Se 600-900# $205.84
Live Steer: 1486 $109.41 28,516: Current Lds: 109.3
Live Heifer: 1369 $109.24 11,095: Previous Lds: 139.8
Drsd Steer: 970 $173.03 29,562
Drsd Heifer: 869 $172.71 8,971
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Grading % Breakdown : Drop Credit : 9.24
Ch 600-900# : 86.42%: Steer Dressing % : 63.65%
Ch 600-750# : 34.93%: Heifer Dressing %: 63.67%
Ch 750-900# : 51.48%: Processing Cost : 12.00
Se 600-900# : 13.58%: Slaughter Cost : 50.50
Se 600-750# : 3.55%:
Se 750-900# : 10.04%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 183.06 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -31.15 -15.97 -4.34 -16.00
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Prime 1-3 15.96 $167.87 $183.05 $199.02 $194.68 $183.02
Certified 1-3 6.02 $157.93 $173.11 $189.08 $184.74 $173.08
Choice 1 3.71 $155.62 $170.80 $186.77 $182.43 $170.77
Select 1 -7.79 $144.12 $159.30 $175.27 $170.93 $159.27
Stndrd 1-3 -26.47 $125.44 $140.62 $156.59 $152.25 $140.59
Prime 4 3.07 $154.98 $170.16 $186.13 $181.79 $170.13
Choice 4 -11.50 $140.41 $155.59 $171.56 $167.22 $155.56
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*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
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