Beef Carcass Price Equivalent Index Value USDA - Mon Apr 19, 8:40PM UTC NW_LS410
Des Moines, IA Mon, Apr 19, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $222.31 $213.37
Change => -0.18 0.27
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Current Index Reflects the Equivalent of 108,006 head of cattle.
SUPPLY (Live) 69,252 Hd
Equivalent: $180.45 $169.62
DEMAND (Box) 38,754 Hd*
Equivalent: $264.17 $257.13
Live-Box Spread: ($83.72) ($87.51)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $276.17
Weight Price Head : Se 600-900# $269.13
Live Steer: 1443 $122.03 30,132: Current Lds: 91.0
Live Heifer: 1305 $121.60 10,895: Previous Lds: 88.4
Drsd Steer: 941 $195.52 18,127
Drsd Heifer: 858 $195.87 10,098
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Grading % Breakdown : Drop Credit : 10.92
Ch 600-900# : 87.86%: Steer Dressing % : 63.80%
Ch 600-750# : 35.52%: Heifer Dressing %: 63.82%
Ch 750-900# : 52.35%: Processing Cost : 12.00
Se 600-900# : 12.14%: Slaughter Cost : 50.50
Se 600-750# : 3.17%:
Se 750-900# : 8.97%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 222.31 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -27.14 -16.04 -4.64 -16.07
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Prime 1-3 15.19 $210.36 $221.46 $237.50 $232.86 $221.43
Certified 1-3 6.66 $201.83 $212.93 $228.97 $224.33 $212.90
Choice 1 3.69 $198.86 $209.96 $226.00 $221.36 $209.93
Select 1 -6.58 $188.59 $199.69 $215.73 $211.09 $199.66
Stndrd 1-3 -27.25 $167.92 $179.02 $195.06 $190.42 $178.99
Prime 4 2.59 $197.76 $208.86 $224.90 $220.26 $208.83
Choice 4 -11.23 $183.94 $195.04 $211.08 $206.44 $195.01
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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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