Beef Carcass Price Equivalent Index Value USDA - Thu Aug 19, 8:33PM UTC NW_LS410
Des Moines, IA Thu, Aug 19, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $255.64 $232.40
Change => 1.69 4.22
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Current Index Reflects the Equivalent of 113,137 head of cattle.
SUPPLY (Live) 77,329 Hd
Equivalent: $181.65 $160.39
DEMAND (Box) 35,808 Hd*
Equivalent: $329.63 $304.41
Live-Box Spread: ($147.98) ($144.02)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $341.63
Weight Price Head : Se 600-900# $316.41
Live Steer: 1473 $125.77 32,994: Current Lds: 74.8
Live Heifer: 1315 $124.82 12,772: Previous Lds: 112.0
Drsd Steer: 941 $200.78 25,521
Drsd Heifer: 842 $200.33 6,042
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Grading % Breakdown : Drop Credit : 15.07
Ch 600-900# : 85.02%: Steer Dressing % : 63.51%
Ch 600-750# : 34.37%: Heifer Dressing %: 63.46%
Ch 750-900# : 50.65%: Processing Cost : 12.00
Se 600-900# : 14.98%: Slaughter Cost : 50.50
Se 600-750# : 3.91%:
Se 750-900# : 11.07%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 255.64 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -27.14 -16.04 -3.39 -16.07
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Prime 1-3 21.12 $249.62 $260.72 $276.76 $273.37 $260.69
Certified 1-3 6.23 $234.73 $245.83 $261.87 $258.48 $245.80
Choice 1 3.69 $232.19 $243.29 $259.33 $255.94 $243.26
Select 1 -17.06 $211.44 $222.54 $238.58 $235.19 $222.51
Stndrd 1-3 -30.42 $198.08 $209.18 $225.22 $221.83 $209.15
Prime 4 8.52 $237.02 $248.12 $264.16 $260.77 $248.09
Choice 4 -11.23 $217.27 $228.37 $244.41 $241.02 $228.34
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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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