NW_LS410
Des Moines, IA     Mon, May 12, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $337.99             $322.13
 Change =>                       1.31                2.30
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Current Index Reflects the Equivalent of 105,262 head of cattle.
SUPPLY (Live)  63,152 Hd
Equivalent:                   $339.84             $321.03
DEMAND (Box)   42,110 Hd*
Equivalent:                   $336.14             $323.23
Live-Box Spread:               $3.70              ($2.20)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $348.14
                  Weight   Price     Head      : Se 600-900#          $335.23
  Live Steer:          1491   $224.92    32,267: Current Lds:           114.9
  Live Heifer:         1316   $222.84    18,066: Previous Lds:          104.9
  Drsd Steer:           955   $356.04    10,558
  Drsd Heifer:          864   $356.37     2,261
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      Grading % Breakdown            :         Drop Credit      :       11.08
 Ch 600-900# :                 87.39%:         Steer Dressing % :      63.54%
 Ch 600-750# :                 35.33%:         Heifer Dressing %:      63.43%
 Ch 750-900# :                 52.06%:         Processing Cost  :       12.00
 Se 600-900# :                 12.61%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.29%:
 Se 750-900# :                  9.32%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 337.99                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -29.29    -17.11               -2.68    -15.45
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 Prime 1-3            15.62   $324.32   $336.50   $353.61   $350.93   $338.16
 Certified 1-3         5.93   $314.63   $326.81   $343.92   $341.24   $328.47
 Choice 1              3.35   $312.05   $324.23   $341.34   $338.66   $325.89
 Select 1            -14.98   $293.72   $305.90   $323.01   $320.33   $307.56
 Stndrd 1-3          -35.41   $273.29   $285.47   $302.58   $299.90   $287.13
 Prime 4               1.87   $310.57   $322.75   $339.86   $337.18   $324.41
 Choice 4            -12.45   $296.25   $308.43   $325.54   $322.86   $310.09
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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