Beef Carcass Price Equivalent Index Value USDA - Mon Jan 25, 9:29PM UTC NW_LS410
Des Moines, IA Mon, Jan 25, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $188.52 $177.31
Change => 1.90 1.46
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Current Index Reflects the Equivalent of 118,877 head of cattle.
SUPPLY (Live) 70,448 Hd
Equivalent: $162.31 $150.41
DEMAND (Box) 48,429 Hd*
Equivalent: $214.73 $204.21
Live-Box Spread: ($52.42) ($53.80)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $226.73
Weight Price Head : Se 600-900# $216.21
Live Steer: 1485 $109.22 28,814: Current Lds: 91.4
Live Heifer: 1336 $109.73 19,413: Previous Lds: 143.0
Drsd Steer: 968 $172.58 16,791
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 = 188.52 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 $173.53 $188.71 $204.68 $200.34 $188.68
Certified 1-3 6.02 $163.39 $178.57 $194.54 $190.20 $178.54
Choice 1 3.71 $161.08 $176.26 $192.23 $187.89 $176.23
Select 1 -7.62 $149.75 $164.93 $180.90 $176.56 $164.90
Stndrd 1-3 -26.32 $131.05 $146.23 $162.20 $157.86 $146.20
Prime 4 3.27 $160.64 $175.82 $191.79 $187.45 $175.79
Choice 4 -11.50 $145.87 $161.05 $177.02 $172.68 $161.02
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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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