NW_LS410 Des Moines, IA Thu, Feb 20, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $302.44 $290.09 Change => -0.68 -0.34 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 72,892 head of cattle. SUPPLY (Live) 32,676 Hd Equivalent: $304.25 $289.00 DEMAND (Box) 40,216 Hd* Equivalent: $300.63 $291.18 Live-Box Spread: $3.62 ($2.18) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $312.63 Weight Price Head : Se 600-900# $303.18 Live Steer: 1533 $202.91 14,964: Current Lds: 100.8 Live Heifer: 1377 $202.95 8,436: Previous Lds: 121.0 Drsd Steer: 990 $320.49 7,912 Drsd Heifer: 901 $320.21 1,364 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.89 Ch 600-900# : 87.44%: Steer Dressing % : 63.62% Ch 600-750# : 35.34%: Heifer Dressing %: 63.32% Ch 750-900# : 52.09%: Processing Cost : 12.00 Se 600-900# : 12.56%: Slaughter Cost : 50.50 Se 600-750# : 3.28%: Se 750-900# : 9.28%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 302.44 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 19.48 $292.63 $304.81 $321.92 $318.88 $306.47 Certified 1-3 5.68 $278.83 $291.01 $308.12 $305.08 $292.67 Choice 1 3.35 $276.50 $288.68 $305.79 $302.75 $290.34 Select 1 -11.40 $261.75 $273.93 $291.04 $288.00 $275.59 Stndrd 1-3 -32.91 $240.24 $252.42 $269.53 $266.49 $254.08 Prime 4 5.73 $278.88 $291.06 $308.17 $305.13 $292.72 Choice 4 -12.45 $260.70 $272.88 $289.99 $286.95 $274.54 ----------------------------------------------------------------------------- *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