Beef Carcass Price Equivalent Index Value USDA - Fri Nov 19, 9:34PM UTC NW_LS410
Des Moines, IA Fri, Nov 19, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $229.54 $212.87
Change => 2.70 1.91
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Current Index Reflects the Equivalent of 163,099 head of cattle.
SUPPLY (Live) 106,299 Hd
Equivalent: $192.66 $173.90
DEMAND (Box) 56,800 Hd*
Equivalent: $266.41 $251.83
Live-Box Spread: ($73.75) ($77.93)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $278.41
Weight Price Head : Se 600-900# $263.83
Live Steer: 1487 $132.75 56,805: Current Lds: 103.3
Live Heifer: 1324 $132.91 25,543: Previous Lds: 193.4
Drsd Steer: 970 $209.63 17,814
Drsd Heifer: 870 $209.76 6,137
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Grading % Breakdown : Drop Credit : 14.97
Ch 600-900# : 83.76%: Steer Dressing % : 62.92%
Ch 600-750# : 33.86%: Heifer Dressing %: 62.86%
Ch 750-900# : 49.90%: Processing Cost : 12.00
Se 600-900# : 16.24%: Slaughter Cost : 50.50
Se 600-750# : 4.24%:
Se 750-900# : 12.00%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 229.54 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -27.14 -16.04 -3.04 -16.07
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Prime 1-3 25.46 $227.86 $238.96 $255.00 $251.96 $238.93
Certified 1-3 6.49 $208.89 $219.99 $236.03 $232.99 $219.96
Choice 1 3.58 $205.98 $217.08 $233.12 $230.08 $217.05
Select 1 -14.67 $187.73 $198.83 $214.87 $211.83 $198.80
Stndrd 1-3 -31.29 $171.11 $182.21 $198.25 $195.21 $182.18
Prime 4 12.88 $215.28 $226.38 $242.42 $239.38 $226.35
Choice 4 -11.23 $191.17 $202.27 $218.31 $215.27 $202.24
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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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