NW_LS410 Des Moines, IA Wed, Jan 29, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $317.75 $304.20 Change => -0.64 -0.33 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 116,905 head of cattle. SUPPLY (Live) 63,364 Hd Equivalent: $316.96 $299.73 DEMAND (Box) 53,541 Hd* Equivalent: $318.54 $308.67 Live-Box Spread: ($1.58) ($8.94) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $330.54 Weight Price Head : Se 600-900# $320.67 Live Steer: 1535 $209.78 34,911: Current Lds: 160.0 Live Heifer: 1372 $209.53 18,625: Previous Lds: 125.7 Drsd Steer: 985 $330.30 8,185 Drsd Heifer: 871 $329.74 1,643 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.53 Ch 600-900# : 87.56%: Steer Dressing % : 63.43% Ch 600-750# : 35.40%: Heifer Dressing %: 63.32% Ch 750-900# : 52.17%: Processing Cost : 12.00 Se 600-900# : 12.44%: Slaughter Cost : 50.50 Se 600-750# : 3.25%: Se 750-900# : 9.19%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 317.75 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 19.19 $307.65 $319.83 $336.94 $333.90 $321.49 Certified 1-3 6.30 $294.76 $306.94 $324.05 $321.01 $308.60 Choice 1 3.35 $291.81 $303.99 $321.10 $318.06 $305.65 Select 1 -13.40 $275.06 $287.24 $304.35 $301.31 $288.90 Stndrd 1-3 -36.27 $252.19 $264.37 $281.48 $278.44 $266.03 Prime 4 5.44 $293.90 $306.08 $323.19 $320.15 $307.74 Choice 4 -12.45 $276.01 $288.19 $305.30 $302.26 $289.85 ----------------------------------------------------------------------------- *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