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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