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Beef Carcass Price Equivalent Index Value USDA - Fri May 07, 8:32PM UTC NW_LS410
Des Moines, IA Fri, May 07, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $233.72 $219.10
Change => -0.54 0.16
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Current Index Reflects the Equivalent of 101,489 head of cattle.
SUPPLY (Live) 64,600 Hd
Equivalent: $173.56 $159.92
DEMAND (Box) 36,889 Hd*
Equivalent: $293.88 $278.27
Live-Box Spread: ($120.32) ($118.35)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $305.88
Weight Price Head : Se 600-900# $290.27
Live Steer: 1454 $118.54 28,523: Current Lds: 63.5
Live Heifer: 1310 $118.30 14,790: Previous Lds: 99.8
Drsd Steer: 924 $188.61 17,075
Drsd Heifer: 835 $188.50 4,212
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Grading % Breakdown : Drop Credit : 12.07
Ch 600-900# : 86.92%: Steer Dressing % : 63.49%
Ch 600-750# : 35.13%: Heifer Dressing %: 63.44%
Ch 750-900# : 51.78%: Processing Cost : 12.00
Se 600-900# : 13.08%: Slaughter Cost : 50.50
Se 600-750# : 3.42%:
Se 750-900# : 9.67%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 233.72 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 14.62 $221.20 $232.30 $248.34 $243.70 $232.27
Certified 1-3 6.66 $213.24 $224.34 $240.38 $235.74 $224.31
Choice 1 3.69 $210.27 $221.37 $237.41 $232.77 $221.34
Select 1 -9.40 $197.18 $208.28 $224.32 $219.68 $208.25
Stndrd 1-3 -27.55 $179.03 $190.13 $206.17 $201.53 $190.10
Prime 4 2.02 $208.60 $219.70 $235.74 $231.10 $219.67
Choice 4 -11.23 $195.35 $206.45 $222.49 $217.85 $206.42
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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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