Beef Carcass Price Equivalent Index Value USDA - Fri May 14, 8:33PM UTC NW_LS410
Des Moines, IA Fri, May 14, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $240.71 $221.06
Change => 0.22 -1.23
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Current Index Reflects the Equivalent of 90,303 head of cattle.
SUPPLY (Live) 53,679 Hd
Equivalent: $176.48 $160.94
DEMAND (Box) 36,624 Hd*
Equivalent: $304.94 $281.19
Live-Box Spread: ($128.46) ($120.25)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $316.94
Weight Price Head : Se 600-900# $293.19
Live Steer: 1447 $119.64 23,213: Current Lds: 107.0
Live Heifer: 1313 $119.81 14,134: Previous Lds: 106.2
Drsd Steer: 933 $190.31 13,771
Drsd Heifer: 838 $190.67 2,561
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Grading % Breakdown : Drop Credit : 11.91
Ch 600-900# : 86.70%: Steer Dressing % : 63.33%
Ch 600-750# : 35.05%: Heifer Dressing %: 63.15%
Ch 750-900# : 51.65%: Processing Cost : 12.00
Se 600-900# : 13.30%: Slaughter Cost : 50.50
Se 600-750# : 3.47%:
Se 750-900# : 9.83%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 240.71 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 14.41 $227.98 $239.08 $255.12 $250.48 $239.05
Certified 1-3 6.80 $220.37 $231.47 $247.51 $242.87 $231.44
Choice 1 3.69 $217.26 $228.36 $244.40 $239.76 $228.33
Select 1 -11.31 $202.26 $213.36 $229.40 $224.76 $213.33
Stndrd 1-3 -28.17 $185.40 $196.50 $212.54 $207.90 $196.47
Prime 4 1.81 $215.38 $226.48 $242.52 $237.88 $226.45
Choice 4 -11.23 $202.34 $213.44 $229.48 $224.84 $213.41
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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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