Beef Carcass Price Equivalent Index Value USDA - Tue May 11, 8:40PM UTC NW_LS410
Des Moines, IA Tue, May 11, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $237.25 $221.47
Change => 1.73 1.39
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Current Index Reflects the Equivalent of 91,673 head of cattle.
SUPPLY (Live) 57,057 Hd
Equivalent: $174.14 $158.60
DEMAND (Box) 34,616 Hd*
Equivalent: $300.37 $284.34
Live-Box Spread: ($126.23) ($125.74)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $312.37
Weight Price Head : Se 600-900# $296.34
Live Steer: 1453 $118.66 25,933: Current Lds: 105.5
Live Heifer: 1309 $118.38 11,081: Previous Lds: 71.3
Drsd Steer: 928 $188.51 15,724
Drsd Heifer: 834 $188.52 4,319
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Grading % Breakdown : Drop Credit : 12.07
Ch 600-900# : 86.70%: Steer Dressing % : 63.48%
Ch 600-750# : 35.05%: Heifer Dressing %: 63.41%
Ch 750-900# : 51.65%: Processing Cost : 12.00
Se 600-900# : 13.30%: Slaughter Cost : 50.50
Se 600-750# : 3.47%:
Se 750-900# : 9.83%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 237.25 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 14.41 $224.52 $235.62 $251.66 $247.02 $235.59
Certified 1-3 6.80 $216.91 $228.01 $244.05 $239.41 $227.98
Choice 1 3.69 $213.80 $224.90 $240.94 $236.30 $224.87
Select 1 -11.31 $198.80 $209.90 $225.94 $221.30 $209.87
Stndrd 1-3 -28.17 $181.94 $193.04 $209.08 $204.44 $193.01
Prime 4 1.81 $211.92 $223.02 $239.06 $234.42 $222.99
Choice 4 -11.23 $198.88 $209.98 $226.02 $221.38 $209.95
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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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