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Beef Carcass Price Equivalent Index Value USDA - Mon May 17, 8:27PM UTC NW_LS410
Des Moines, IA Mon, May 17, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $241.92 $221.79
Change => 1.21 0.73
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Current Index Reflects the Equivalent of 93,189 head of cattle.
SUPPLY (Live) 55,539 Hd
Equivalent: $176.22 $158.70
DEMAND (Box) 37,650 Hd*
Equivalent: $307.62 $284.89
Live-Box Spread: ($131.40) ($126.19)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $319.62
Weight Price Head : Se 600-900# $296.89
Live Steer: 1450 $119.72 25,211: Current Lds: 85.0
Live Heifer: 1315 $119.82 14,436: Previous Lds: 107.0
Drsd Steer: 929 $190.32 13,639
Drsd Heifer: 840 $190.90 2,253
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Grading % Breakdown : Drop Credit : 12.05
Ch 600-900# : 86.75%: Steer Dressing % : 63.34%
Ch 600-750# : 35.07%: Heifer Dressing %: 63.15%
Ch 750-900# : 51.69%: Processing Cost : 12.00
Se 600-900# : 13.25%: Slaughter Cost : 50.50
Se 600-750# : 3.46%:
Se 750-900# : 9.79%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 241.92 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -27.14 -16.04 -4.64 -16.07
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Prime 1-3 14.12 $228.90 $240.00 $256.04 $251.40 $239.97
Certified 1-3 6.94 $221.72 $232.82 $248.86 $244.22 $232.79
Choice 1 3.69 $218.47 $229.57 $245.61 $240.97 $229.54
Select 1 -13.31 $201.47 $212.57 $228.61 $223.97 $212.54
Stndrd 1-3 -29.17 $185.61 $196.71 $212.75 $208.11 $196.68
Prime 4 1.52 $216.30 $227.40 $243.44 $238.80 $227.37
Choice 4 -11.23 $203.55 $214.65 $230.69 $226.05 $214.62
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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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