NW_LS410 Des Moines, IA Fri, Jan 03, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $305.24 $275.64 Change => 1.64 2.00 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 92,360 head of cattle. SUPPLY (Live) 49,287 Hd Equivalent: $297.23 $266.56 DEMAND (Box) 43,073 Hd* Equivalent: $313.24 $284.72 Live-Box Spread: ($16.01) ($18.16) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $325.24 Weight Price Head : Se 600-900# $296.72 Live Steer: 1502 $195.74 26,811: Current Lds: 148.7 Live Heifer: 1353 $195.17 15,933: Previous Lds: 115.7 Drsd Steer: 1005 $308.23 4,954 Drsd Heifer: 878 $308.17 1,589 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.32 Ch 600-900# : 87.61%: Steer Dressing % : 63.45% Ch 600-750# : 35.42%: Heifer Dressing %: 63.50% 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 = 305.24 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 $294.50 $306.68 $323.79 $320.75 $308.34 Certified 1-3 5.68 $281.63 $293.81 $310.92 $307.88 $295.47 Choice 1 3.35 $279.30 $291.48 $308.59 $305.55 $293.14 Select 1 -26.90 $249.05 $261.23 $278.34 $275.30 $262.89 Stndrd 1-3 -40.34 $235.61 $247.79 $264.90 $261.86 $249.45 Prime 4 4.80 $280.75 $292.93 $310.04 $307.00 $294.59 Choice 4 -12.45 $263.50 $275.68 $292.79 $289.75 $277.34 ----------------------------------------------------------------------------- *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