NW_LS410 Des Moines, IA Mon, Feb 24, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $300.56 $288.18 Change => 0.06 -0.59 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 87,430 head of cattle. SUPPLY (Live) 40,887 Hd Equivalent: $299.39 $284.39 DEMAND (Box) 46,543 Hd* Equivalent: $301.73 $291.97 Live-Box Spread: ($2.34) ($7.58) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $313.73 Weight Price Head : Se 600-900# $303.97 Live Steer: 1510 $199.65 23,438: Current Lds: 84.5 Live Heifer: 1379 $199.63 10,627: Previous Lds: 174.1 Drsd Steer: 967 $315.18 5,335 Drsd Heifer: 878 $315.16 1,487 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.95 Ch 600-900# : 87.45%: Steer Dressing % : 63.45% Ch 600-750# : 35.35%: Heifer Dressing %: 63.41% Ch 750-900# : 52.10%: Processing Cost : 12.00 Se 600-900# : 12.55%: Slaughter Cost : 50.50 Se 600-750# : 3.28%: Se 750-900# : 9.27%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 300.56 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 $290.46 $302.64 $319.75 $316.71 $304.30 Certified 1-3 5.55 $276.82 $289.00 $306.11 $303.07 $290.66 Choice 1 3.35 $274.62 $286.80 $303.91 $300.87 $288.46 Select 1 -11.15 $260.12 $272.30 $289.41 $286.37 $273.96 Stndrd 1-3 -32.70 $238.57 $250.75 $267.86 $264.82 $252.41 Prime 4 5.44 $276.71 $288.89 $306.00 $302.96 $290.55 Choice 4 -12.45 $258.82 $271.00 $288.11 $285.07 $272.66 ----------------------------------------------------------------------------- *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