Beef Carcass Price Equivalent Index Value USDA - Tue Jan 26, 9:23PM UTC NW_LS410
Des Moines, IA Tue, Jan 26, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $189.68 $177.87
Change => 1.16 0.56
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Current Index Reflects the Equivalent of 117,373 head of cattle.
SUPPLY (Live) 70,207 Hd
Equivalent: $162.31 $150.42
DEMAND (Box) 47,166 Hd*
Equivalent: $217.06 $205.33
Live-Box Spread: ($54.75) ($54.91)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $229.06
Weight Price Head : Se 600-900# $217.33
Live Steer: 1485 $109.23 28,803: Current Lds: 131.1
Live Heifer: 1336 $109.73 19,413: Previous Lds: 91.4
Drsd Steer: 968 $172.59 16,561
Drsd Heifer: 885 $172.47 5,430
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Grading % Breakdown : Drop Credit : 9.35
Ch 600-900# : 87.24%: Steer Dressing % : 63.81%
Ch 600-750# : 35.26%: Heifer Dressing %: 63.85%
Ch 750-900# : 51.97%: Processing Cost : 12.00
Se 600-900# : 12.76%: Slaughter Cost : 50.50
Se 600-750# : 3.33%:
Se 750-900# : 9.43%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 189.68 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -31.15 -15.97 -4.34 -16.00
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Prime 1-3 16.16 $174.69 $189.87 $205.84 $201.50 $189.84
Certified 1-3 6.02 $164.55 $179.73 $195.70 $191.36 $179.70
Choice 1 3.71 $162.24 $177.42 $193.39 $189.05 $177.39
Select 1 -7.62 $150.91 $166.09 $182.06 $177.72 $166.06
Stndrd 1-3 -26.32 $132.21 $147.39 $163.36 $159.02 $147.36
Prime 4 3.27 $161.80 $176.98 $192.95 $188.61 $176.95
Choice 4 -11.50 $147.03 $162.21 $178.18 $173.84 $162.18
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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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