NW_LS410 Des Moines, IA Fri, Jan 17, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $313.71 $294.68 Change => 0.62 0.71 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 120,265 head of cattle. SUPPLY (Live) 70,165 Hd Equivalent: $305.74 $281.53 DEMAND (Box) 50,100 Hd* Equivalent: $321.69 $307.83 Live-Box Spread: ($15.95) ($26.30) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $333.69 Weight Price Head : Se 600-900# $319.83 Live Steer: 1522 $203.43 37,704: Current Lds: 121.5 Live Heifer: 1387 $203.11 19,911: Previous Lds: 141.6 Drsd Steer: 1000 $321.46 11,129 Drsd Heifer: 856 $322.45 1,421 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.45 Ch 600-900# : 87.26%: Steer Dressing % : 63.54% Ch 600-750# : 35.27%: Heifer Dressing %: 63.44% Ch 750-900# : 51.99%: Processing Cost : 12.00 Se 600-900# : 12.74%: Slaughter Cost : 50.50 Se 600-750# : 3.33%: Se 750-900# : 9.41%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 313.71 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -29.29 -17.11 -2.68 -15.45 ----------------------------------------------------------------------------- Prime 1-3 18.62 $303.04 $315.22 $332.33 $329.65 $316.88 Certified 1-3 5.68 $290.10 $302.28 $319.39 $316.71 $303.94 Choice 1 3.35 $287.77 $299.95 $317.06 $314.38 $301.61 Select 1 -20.40 $264.02 $276.20 $293.31 $290.63 $277.86 Stndrd 1-3 -38.91 $245.51 $257.69 $274.80 $272.12 $259.35 Prime 4 4.87 $289.29 $301.47 $318.58 $315.90 $303.13 Choice 4 -12.45 $271.97 $284.15 $301.26 $298.58 $285.81 ----------------------------------------------------------------------------- *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