NW_LS410
Des Moines, IA     Mon, Mar 17, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $309.13             $295.71
 Change =>                       4.98                3.75
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Current Index Reflects the Equivalent of 116,911 head of cattle.
SUPPLY (Live)  67,559 Hd
Equivalent:                   $309.10             $295.52
DEMAND (Box)   49,352 Hd*
Equivalent:                   $309.16             $295.90
Live-Box Spread:              ($0.06)             ($0.38)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $321.16
                  Weight   Price     Head      : Se 600-900#          $307.90
  Live Steer:          1535   $205.38    35,334: Current Lds:           104.3
  Live Heifer:         1384   $205.01    16,250: Previous Lds:           93.1
  Drsd Steer:           977   $324.87    11,712
  Drsd Heifer:          864   $324.19     4,263
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      Grading % Breakdown            :         Drop Credit      :       11.38
 Ch 600-900# :                 87.48%:         Steer Dressing % :      63.57%
 Ch 600-750# :                 35.36%:         Heifer Dressing %:      63.53%
 Ch 750-900# :                 52.12%:         Processing Cost  :       12.00
 Se 600-900# :                 12.52%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.27%:
 Se 750-900# :                  9.25%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 309.13                       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            17.98   $297.82   $310.00   $327.11   $324.07   $311.66
 Certified 1-3         5.30   $285.14   $297.32   $314.43   $311.39   $298.98
 Choice 1              3.35   $283.19   $295.37   $312.48   $309.44   $297.03
 Select 1             -9.73   $270.11   $282.29   $299.40   $296.36   $283.95
 Stndrd 1-3          -32.91   $246.93   $259.11   $276.22   $273.18   $260.77
 Prime 4               4.23   $284.07   $296.25   $313.36   $310.32   $297.91
 Choice 4            -12.45   $267.39   $279.57   $296.68   $293.64   $281.23
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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