Beef Carcass Price Equivalent Index Value
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
-----------------------------------------------------------------------------
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
-----------------------------------------------------------------------------
      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%:
-----------------------------------------------------------------------------
 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
-----------------------------------------------------------------------------
 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
-----------------------------------------------------------------------------
*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