Beef Carcass Price Equivalent Index Value USDA - Mon Mar 01, 9:05PM UTC NW_LS410
Des Moines, IA Mon, Mar 01, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $198.36 $186.39
Change => -0.79 -0.92
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Current Index Reflects the Equivalent of 102,039 head of cattle.
SUPPLY (Live) 64,845 Hd
Equivalent: $169.69 $157.13
DEMAND (Box) 37,194 Hd*
Equivalent: $227.03 $215.64
Live-Box Spread: ($57.34) ($58.51)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $239.03
Weight Price Head : Se 600-900# $227.64
Live Steer: 1483 $114.06 28,512: Current Lds: 85.1
Live Heifer: 1348 $113.96 14,886: Previous Lds: 58.5
Drsd Steer: 955 $181.62 15,116
Drsd Heifer: 881 $181.73 6,331
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Grading % Breakdown : Drop Credit : 9.78
Ch 600-900# : 89.17%: Steer Dressing % : 63.37%
Ch 600-750# : 36.05%: Heifer Dressing %: 63.40%
Ch 750-900# : 53.13%: Processing Cost : 12.00
Se 600-900# : 10.83%: Slaughter Cost : 50.50
Se 600-750# : 2.83%:
Se 750-900# : 8.00%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 198.36 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 15.33 $186.55 $197.65 $213.69 $209.05 $197.62
Certified 1-3 6.66 $177.88 $188.98 $205.02 $200.38 $188.95
Choice 1 3.69 $174.91 $186.01 $202.05 $197.41 $185.98
Select 1 -8.31 $162.91 $174.01 $190.05 $185.41 $173.98
Stndrd 1-3 -27.78 $143.44 $154.54 $170.58 $165.94 $154.51
Prime 4 2.73 $173.95 $185.05 $201.09 $196.45 $185.02
Choice 4 -11.23 $159.99 $171.09 $187.13 $182.49 $171.06
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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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