NW_LS410 Des Moines, IA Thu, Jan 09, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $310.10 $284.54 Change => 1.23 0.87 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 124,252 head of cattle. SUPPLY (Live) 68,147 Hd Equivalent: $301.42 $272.74 DEMAND (Box) 56,105 Hd* Equivalent: $318.78 $296.35 Live-Box Spread: ($17.36) ($23.61) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $330.78 Weight Price Head : Se 600-900# $308.35 Live Steer: 1516 $199.02 38,036: Current Lds: 116.1 Live Heifer: 1371 $199.23 16,570: Previous Lds: 181.3 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 % : 63.53% Ch 600-750# : 35.17%: Heifer Dressing %: 63.49% 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 = 310.10 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 $299.65 $311.83 $328.94 $325.90 $313.49 Certified 1-3 5.55 $286.36 $298.54 $315.65 $312.61 $300.20 Choice 1 3.35 $284.16 $296.34 $313.45 $310.41 $298.00 Select 1 -24.90 $255.91 $268.09 $285.20 $282.16 $269.75 Stndrd 1-3 -39.63 $241.18 $253.36 $270.47 $267.43 $255.02 Prime 4 5.09 $285.90 $298.08 $315.19 $312.15 $299.74 Choice 4 -12.45 $268.36 $280.54 $297.65 $294.61 $282.20 ----------------------------------------------------------------------------- *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