USDA U.S. Department of Agriculture - December 19, 2024
NW_LS410
Des Moines, IA Thu, Dec 19, 2024 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $302.29 $268.66
Change => 3.48 -0.17
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Current Index Reflects the Equivalent of 93,420 head of cattle.
SUPPLY (Live) 51,624 Hd
Equivalent: $295.88 $265.21
DEMAND (Box) 41,796 Hd*
Equivalent: $308.69 $272.11
Live-Box Spread: ($12.81) ($6.90)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $320.69
Weight Price Head : Se 600-900# $284.11
Live Steer: 1542 $194.99 30,628: Current Lds: 97.8
Live Heifer: 1367 $194.89 11,314: Previous Lds: 120.0
Drsd Steer: 980 $305.42 7,921
Drsd Heifer: 853 $304.93 1,761
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Grading % Breakdown : Drop Credit : 11.37
Ch 600-900# : 87.55%: Steer Dressing % : 63.34%
Ch 600-750# : 35.39%: Heifer Dressing %: 63.30%
Ch 750-900# : 52.16%: Processing Cost : 12.00
Se 600-900# : 12.45%: Slaughter Cost : 50.50
Se 600-750# : 3.25%:
Se 750-900# : 9.20%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 302.29 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -29.29 -17.11 -3.04 -15.45
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Prime 1-3 18.26 $291.26 $303.44 $320.55 $317.51 $305.10
Certified 1-3 5.55 $278.55 $290.73 $307.84 $304.80 $292.39
Choice 1 3.35 $276.35 $288.53 $305.64 $302.60 $290.19
Select 1 -26.90 $246.10 $258.28 $275.39 $272.35 $259.94
Stndrd 1-3 -40.56 $232.44 $244.62 $261.73 $258.69 $246.28
Prime 4 4.51 $277.51 $289.69 $306.80 $303.76 $291.35
Choice 4 -12.45 $260.55 $272.73 $289.84 $286.80 $274.39
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*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
