NW_LS410
Des Moines, IA     Thu, Jan 16, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $313.09             $293.97
 Change =>                      -0.28                0.76
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Current Index Reflects the Equivalent of 118,964 head of cattle.
SUPPLY (Live)  68,343 Hd
Equivalent:                   $304.76             $280.56
DEMAND (Box)   50,621 Hd*
Equivalent:                   $321.41             $307.38
Live-Box Spread:             ($16.65)            ($26.82)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $333.41
                  Weight   Price     Head      : Se 600-900#          $319.38
  Live Steer:          1516   $202.79    39,267: Current Lds:           141.6
  Live Heifer:         1359   $202.23    17,104: Previous Lds:          132.2
  Drsd Steer:           998   $320.38    10,559
  Drsd Heifer:          841   $320.97     1,413
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      Grading % Breakdown            :         Drop Credit      :       11.36
 Ch 600-900# :                 87.26%:         Steer Dressing % :      63.55%
 Ch 600-750# :                 35.27%:         Heifer Dressing %:      63.42%
 Ch 750-900# :                 51.99%:         Processing Cost  :       12.00
 Se 600-900# :                 12.74%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.33%:
 Se 750-900# :                  9.41%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 313.09                       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            18.62   $302.42   $314.60   $331.71   $329.03   $316.26
 Certified 1-3         5.68   $289.48   $301.66   $318.77   $316.09   $303.32
 Choice 1              3.35   $287.15   $299.33   $316.44   $313.76   $300.99
 Select 1            -20.40   $263.40   $275.58   $292.69   $290.01   $277.24
 Stndrd 1-3          -38.91   $244.89   $257.07   $274.18   $271.50   $258.73
 Prime 4               4.87   $288.67   $300.85   $317.96   $315.28   $302.51
 Choice 4            -12.45   $271.35   $283.53   $300.64   $297.96   $285.19
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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