|
Beef Carcass Price Equivalent Index Value USDA - Wed Apr 14, 8:20PM UTC NW_LS410
Des Moines, IA Wed, Apr 14, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $220.38 $211.67
Change => 1.42 0.41
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 128,978 head of cattle.
SUPPLY (Live) 88,269 Hd
Equivalent: $179.85 $168.03
DEMAND (Box) 40,709 Hd*
Equivalent: $260.91 $255.31
Live-Box Spread: ($81.06) ($87.28)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $272.91
Weight Price Head : Se 600-900# $267.31
Live Steer: 1452 $122.00 50,314: Current Lds: 108.3
Live Heifer: 1298 $122.09 21,878: Previous Lds: 125.4
Drsd Steer: 955 $195.26 12,177
Drsd Heifer: 830 $195.51 3,900
-----------------------------------------------------------------------------
Grading % Breakdown : Drop Credit : 10.92
Ch 600-900# : 88.05%: Steer Dressing % : 63.72%
Ch 600-750# : 35.59%: Heifer Dressing %: 63.70%
Ch 750-900# : 52.46%: Processing Cost : 12.00
Se 600-900# : 11.95%: Slaughter Cost : 50.50
Se 600-750# : 3.12%:
Se 750-900# : 8.83%:
-----------------------------------------------------------------------------
Equivalent Values for Outlying Beef Carcass Types
Basis Value = 220.38 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -27.14 -16.04 -4.64 -16.07
-----------------------------------------------------------------------------
Prime 1-3 15.41 $208.65 $219.75 $235.79 $231.15 $219.72
Certified 1-3 6.37 $199.61 $210.71 $226.75 $222.11 $210.68
Choice 1 3.69 $196.93 $208.03 $224.07 $219.43 $208.00
Select 1 -7.58 $185.66 $196.76 $212.80 $208.16 $196.73
Stndrd 1-3 -27.40 $165.84 $176.94 $192.98 $188.34 $176.91
Prime 4 2.81 $196.05 $207.15 $223.19 $218.55 $207.12
Choice 4 -11.23 $182.01 $193.11 $209.15 $204.51 $193.08
-----------------------------------------------------------------------------
*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
������� 24 Hour recorded market information 515-284-4830
������� www.ams.usda.gov/mnreports/NW_LS410.txt
������� www.ams.usda.gov/LPSMarketNewsPage |