NW_LS410 Des Moines, IA Wed, Jan 08, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $308.87 $283.67 Change => 1.44 0.76 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 123,843 head of cattle. SUPPLY (Live) 67,771 Hd Equivalent: $301.14 $272.46 DEMAND (Box) 56,072 Hd* Equivalent: $316.61 $294.89 Live-Box Spread: ($15.47) ($22.43) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $328.61 Weight Price Head : Se 600-900# $306.89 Live Steer: 1516 $198.95 37,035: Current Lds: 181.3 Live Heifer: 1374 $198.95 17,195: Previous Lds: 156.0 Drsd Steer: 1000 $314.60 10,261 Drsd Heifer: 886 $314.21 3,280 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.40 Ch 600-900# : 87.01%: Steer Dressing % : 63.54% 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 = 308.87 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 $298.42 $310.60 $327.71 $324.67 $312.26 Certified 1-3 5.55 $285.13 $297.31 $314.42 $311.38 $298.97 Choice 1 3.35 $282.93 $295.11 $312.22 $309.18 $296.77 Select 1 -24.90 $254.68 $266.86 $283.97 $280.93 $268.52 Stndrd 1-3 -39.63 $239.95 $252.13 $269.24 $266.20 $253.79 Prime 4 5.09 $284.67 $296.85 $313.96 $310.92 $298.51 Choice 4 -12.45 $267.13 $279.31 $296.42 $293.38 $280.97 ----------------------------------------------------------------------------- *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