Beef Carcass Price Equivalent Index Value
NW_LS410
Des Moines, IA Fri, Feb 26, 2021 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $199.15 $187.31
Change => 0.62 1.02
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Current Index Reflects the Equivalent of 99,786 head of cattle.
SUPPLY (Live) 62,334 Hd
Equivalent: $169.78 $156.90
DEMAND (Box) 37,452 Hd*
Equivalent: $228.53 $217.73
Live-Box Spread: ($58.75) ($60.83)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $240.53
Weight Price Head : Se 600-900# $229.73
Live Steer: 1500 $114.03 23,840: Current Lds: 58.5
Live Heifer: 1361 $113.88 8,904: Previous Lds: 91.7
Drsd Steer: 957 $181.21 22,202
Drsd Heifer: 883 $181.38 7,388
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Grading % Breakdown : Drop Credit : 9.78
Ch 600-900# : 88.68%: Steer Dressing % : 63.55%
Ch 600-750# : 35.85%: Heifer Dressing %: 63.52%
Ch 750-900# : 52.84%: Processing Cost : 12.00
Se 600-900# : 11.32%: Slaughter Cost : 50.50
Se 600-750# : 2.95%:
Se 750-900# : 8.36%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 199.15 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 15.69 $187.70 $198.80 $214.84 $210.20 $198.77
Certified 1-3 6.51 $178.52 $189.62 $205.66 $201.02 $189.59
Choice 1 3.69 $175.70 $186.80 $202.84 $198.20 $186.77
Select 1 -8.64 $163.37 $174.47 $190.51 $185.87 $174.44
Stndrd 1-3 -27.94 $144.07 $155.17 $171.21 $166.57 $155.14
Prime 4 3.09 $175.10 $186.20 $202.24 $197.60 $186.17
Choice 4 -11.23 $160.78 $171.88 $187.92 $183.28 $171.85
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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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