NW_LS410
Des Moines, IA     Tue, Apr 29, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $331.61             $310.02
 Change =>                       2.73               -0.67
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Current Index Reflects the Equivalent of 87,888 head of cattle.
SUPPLY (Live)  47,027 Hd
Equivalent:                   $326.95             $308.22
DEMAND (Box)   40,861 Hd*
Equivalent:                   $336.26             $311.82
Live-Box Spread:              ($9.31)             ($3.60)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $348.26
                  Weight   Price     Head      : Se 600-900#          $323.82
  Live Steer:          1511   $216.19    21,931: Current Lds:           108.3
  Live Heifer:         1380   $215.44    15,123: Previous Lds:           68.0
  Drsd Steer:           993   $341.35     8,283
  Drsd Heifer:          888   $340.81     1,690
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      Grading % Breakdown            :         Drop Credit      :       11.89
 Ch 600-900# :                 87.50%:         Steer Dressing % :      63.39%
 Ch 600-750# :                 35.37%:         Heifer Dressing %:      63.18%
 Ch 750-900# :                 52.13%:         Processing Cost  :       12.00
 Se 600-900# :                 12.50%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.26%:
 Se 750-900# :                  9.24%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 331.61                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -29.29    -17.11               -3.04    -15.45
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 Prime 1-3            16.12   $318.44   $330.62   $347.73   $344.69   $332.28
 Certified 1-3         5.55   $307.87   $320.05   $337.16   $334.12   $321.71
 Choice 1              3.35   $305.67   $317.85   $334.96   $331.92   $319.51
 Select 1            -14.90   $287.42   $299.60   $316.71   $313.67   $301.26
 Stndrd 1-3          -35.20   $267.12   $279.30   $296.41   $293.37   $280.96
 Prime 4               2.37   $304.69   $316.87   $333.98   $330.94   $318.53
 Choice 4            -12.45   $289.87   $302.05   $319.16   $316.12   $303.71
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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
        24 Hour recorded market information 515-284-4830
        www.ams.usda.gov/mnreports/NW_LS410.txt
        www.ams.usda.gov/LPSMarketNewsPage