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Beef Carcass Price Equivalent Index Value USDA - Wed Apr 21, 8:22PM UTC NW_LS410
Des Moines, IA Wed, Apr 21, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $224.39 $214.68
Change => 1.08 0.68
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Current Index Reflects the Equivalent of 110,330 head of cattle.
SUPPLY (Live) 73,740 Hd
Equivalent: $180.31 $169.48
DEMAND (Box) 36,590 Hd*
Equivalent: $268.46 $259.88
Live-Box Spread: ($88.15) ($90.40)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $280.46
Weight Price Head : Se 600-900# $271.88
Live Steer: 1458 $122.08 32,358: Current Lds: 113.7
Live Heifer: 1287 $121.41 12,799: Previous Lds: 91.3
Drsd Steer: 941 $195.51 18,297
Drsd Heifer: 858 $195.82 10,286
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Grading % Breakdown : Drop Credit : 10.95
Ch 600-900# : 87.86%: Steer Dressing % : 63.78%
Ch 600-750# : 35.52%: Heifer Dressing %: 63.79%
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 = 224.39 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 $212.44 $223.54 $239.58 $234.94 $223.51
Certified 1-3 6.66 $203.91 $215.01 $231.05 $226.41 $214.98
Choice 1 3.69 $200.94 $212.04 $228.08 $223.44 $212.01
Select 1 -6.58 $190.67 $201.77 $217.81 $213.17 $201.74
Stndrd 1-3 -27.25 $170.00 $181.10 $197.14 $192.50 $181.07
Prime 4 2.59 $199.84 $210.94 $226.98 $222.34 $210.91
Choice 4 -11.23 $186.02 $197.12 $213.16 $208.52 $197.09
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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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