NW_LS410 Des Moines, IA Mon, Dec 30, 2024 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $304.54 $273.90 Change => 1.76 1.96 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 87,751 head of cattle. SUPPLY (Live) 42,287 Hd Equivalent: $295.70 $265.03 DEMAND (Box) 45,464 Hd* Equivalent: $313.37 $282.76 Live-Box Spread: ($17.67) ($17.73) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $325.37 Weight Price Head : Se 600-900# $294.76 Live Steer: 1515 $194.80 23,924: Current Lds: 103.9 Live Heifer: 1353 $194.28 13,184: Previous Lds: 87.3 Drsd Steer: 1015 $306.87 3,924 Drsd Heifer: 889 $307.36 1,255 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.30 Ch 600-900# : 87.61%: Steer Dressing % : 63.50% Ch 600-750# : 35.42%: Heifer Dressing %: 63.49% Ch 750-900# : 52.20%: Processing Cost : 12.00 Se 600-900# : 12.39%: Slaughter Cost : 50.50 Se 600-750# : 3.23%: Se 750-900# : 9.15%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 304.54 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -29.29 -17.11 -3.04 -15.45 ----------------------------------------------------------------------------- Prime 1-3 18.55 $293.80 $305.98 $323.09 $320.05 $307.64 Certified 1-3 5.68 $280.93 $293.11 $310.22 $307.18 $294.77 Choice 1 3.35 $278.60 $290.78 $307.89 $304.85 $292.44 Select 1 -26.90 $248.35 $260.53 $277.64 $274.60 $262.19 Stndrd 1-3 -40.34 $234.91 $247.09 $264.20 $261.16 $248.75 Prime 4 4.80 $280.05 $292.23 $309.34 $306.30 $293.89 Choice 4 -12.45 $262.80 $274.98 $292.09 $289.05 $276.64 ----------------------------------------------------------------------------- *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