NW_LS410 Des Moines, IA Mon, Jan 06, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $307.09 $280.86 Change => 1.85 5.22 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 148,328 head of cattle. SUPPLY (Live) 100,856 Hd Equivalent: $299.07 $270.39 DEMAND (Box) 47,472 Hd* Equivalent: $315.10 $291.33 Live-Box Spread: ($16.03) ($20.94) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $327.10 Weight Price Head : Se 600-900# $303.33 Live Steer: 1518 $197.70 53,994: Current Lds: 145.9 Live Heifer: 1368 $197.28 28,357: Previous Lds: 148.7 Drsd Steer: 1005 $312.55 14,036 Drsd Heifer: 887 $312.42 4,469 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.32 Ch 600-900# : 87.01%: Steer Dressing % : 63.56% Ch 600-750# : 35.17%: Heifer Dressing %: 63.55% Ch 750-900# : 51.84%: Processing Cost : 12.00 Se 600-900# : 12.99%: Slaughter Cost : 50.50 Se 600-750# : 3.39%: Se 750-900# : 9.60%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 307.09 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 18.84 $296.64 $308.82 $325.93 $322.89 $310.48 Certified 1-3 5.55 $283.35 $295.53 $312.64 $309.60 $297.19 Choice 1 3.35 $281.15 $293.33 $310.44 $307.40 $294.99 Select 1 -24.90 $252.90 $265.08 $282.19 $279.15 $266.74 Stndrd 1-3 -39.63 $238.17 $250.35 $267.46 $264.42 $252.01 Prime 4 5.09 $282.89 $295.07 $312.18 $309.14 $296.73 Choice 4 -12.45 $265.35 $277.53 $294.64 $291.60 $279.19 ----------------------------------------------------------------------------- *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