NW_LS410 Des Moines, IA Thu, Jan 23, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $313.41 $296.75 Change => -0.50 -0.37 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 114,043 head of cattle. SUPPLY (Live) 63,385 Hd Equivalent: $307.85 $288.30 DEMAND (Box) 50,658 Hd* Equivalent: $318.96 $305.21 Live-Box Spread: ($11.11) ($16.91) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $330.96 Weight Price Head : Se 600-900# $317.21 Live Steer: 1532 $203.78 32,181: Current Lds: 162.9 Live Heifer: 1388 $203.52 18,376: Previous Lds: 138.8 Drsd Steer: 995 $322.15 11,499 Drsd Heifer: 853 $321.80 1,329 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.54 Ch 600-900# : 87.47%: Steer Dressing % : 63.31% Ch 600-750# : 35.36%: Heifer Dressing %: 63.14% Ch 750-900# : 52.11%: Processing Cost : 12.00 Se 600-900# : 12.53%: Slaughter Cost : 50.50 Se 600-750# : 3.27%: Se 750-900# : 9.26%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 313.41 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 18.91 $303.03 $315.21 $332.32 $329.64 $316.87 Certified 1-3 5.93 $290.05 $302.23 $319.34 $316.66 $303.89 Choice 1 3.35 $287.47 $299.65 $316.76 $314.08 $301.31 Select 1 -15.73 $268.39 $280.57 $297.68 $295.00 $282.23 Stndrd 1-3 -37.27 $246.85 $259.03 $276.14 $273.46 $260.69 Prime 4 5.16 $289.28 $301.46 $318.57 $315.89 $303.12 Choice 4 -12.45 $271.67 $283.85 $300.96 $298.28 $285.51 ----------------------------------------------------------------------------- *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