Beef Carcass Price Equivalent Index Value USDA - Thu May 06, 8:23PM UTC NW_LS410
Des Moines, IA Thu, May 06, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $234.26 $218.94
Change => 0.53 1.33
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Current Index Reflects the Equivalent of 101,883 head of cattle.
SUPPLY (Live) 63,937 Hd
Equivalent: $174.15 $160.51
DEMAND (Box) 37,946 Hd*
Equivalent: $294.37 $277.36
Live-Box Spread: ($120.22) ($116.85)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $306.37
Weight Price Head : Se 600-900# $289.36
Live Steer: 1456 $118.57 27,350: Current Lds: 99.8
Live Heifer: 1303 $118.37 14,500: Previous Lds: 121.4
Drsd Steer: 928 $189.00 17,511
Drsd Heifer: 836 $189.38 4,576
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Grading % Breakdown : Drop Credit : 11.86
Ch 600-900# : 86.92%: Steer Dressing % : 63.48%
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 = 234.26 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 $221.74 $232.84 $248.88 $244.24 $232.81
Certified 1-3 6.66 $213.78 $224.88 $240.92 $236.28 $224.85
Choice 1 3.69 $210.81 $221.91 $237.95 $233.31 $221.88
Select 1 -9.40 $197.72 $208.82 $224.86 $220.22 $208.79
Stndrd 1-3 -27.55 $179.57 $190.67 $206.71 $202.07 $190.64
Prime 4 2.02 $209.14 $220.24 $236.28 $231.64 $220.21
Choice 4 -11.23 $195.89 $206.99 $223.03 $218.39 $206.96
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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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