Beef Carcass Price Equivalent Index Value USDA - Wed Jan 20, 9:28PM UTC NW_LS410
Des Moines, IA Wed, Jan 20, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $184.77 $172.92
Change => 0.48 0.19
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Current Index Reflects the Equivalent of 94,136 head of cattle.
SUPPLY (Live) 43,901 Hd
Equivalent: $162.63 $150.57
DEMAND (Box) 50,235 Hd*
Equivalent: $206.91 $195.28
Live-Box Spread: ($44.28) ($44.71)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $218.91
Weight Price Head : Se 600-900# $207.28
Live Steer: 1481 $109.13 20,030: Current Lds: 136.3
Live Heifer: 1353 $109.45 7,136: Previous Lds: 147.9
Drsd Steer: 966 $172.49 11,539
Drsd Heifer: 890 $172.11 5,196
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Grading % Breakdown : Drop Credit : 9.24
Ch 600-900# : 86.42%: Steer Dressing % : 63.66%
Ch 600-750# : 34.93%: Heifer Dressing %: 63.63%
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 = 184.77 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 $169.58 $184.76 $200.73 $196.39 $184.73
Certified 1-3 6.02 $159.64 $174.82 $190.79 $186.45 $174.79
Choice 1 3.71 $157.33 $172.51 $188.48 $184.14 $172.48
Select 1 -7.79 $145.83 $161.01 $176.98 $172.64 $160.98
Stndrd 1-3 -26.47 $127.15 $142.33 $158.30 $153.96 $142.30
Prime 4 3.07 $156.69 $171.87 $187.84 $183.50 $171.84
Choice 4 -11.50 $142.12 $157.30 $173.27 $168.93 $157.27
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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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