USDA U.S. Department of Agriculture - December 20, 2024
NW_LS410
Des Moines, IA Fri, Dec 20, 2024 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $299.91 $269.61
Change => -2.38 0.95
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Current Index Reflects the Equivalent of 77,822 head of cattle.
SUPPLY (Live) 37,276 Hd
Equivalent: $295.98 $265.30
DEMAND (Box) 40,546 Hd*
Equivalent: $303.85 $273.91
Live-Box Spread: ($7.87) ($8.61)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $315.85
Weight Price Head : Se 600-900# $285.91
Live Steer: 1528 $194.75 22,226: Current Lds: 106.6
Live Heifer: 1378 $194.91 8,163: Previous Lds: 97.8
Drsd Steer: 983 $305.69 5,537
Drsd Heifer: 870 $304.91 1,350
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Grading % Breakdown : Drop Credit : 11.37
Ch 600-900# : 87.55%: Steer Dressing % : 63.26%
Ch 600-750# : 35.39%: Heifer Dressing %: 63.25%
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 = 299.91 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 $288.88 $301.06 $318.17 $315.13 $302.72
Certified 1-3 5.55 $276.17 $288.35 $305.46 $302.42 $290.01
Choice 1 3.35 $273.97 $286.15 $303.26 $300.22 $287.81
Select 1 -26.90 $243.72 $255.90 $273.01 $269.97 $257.56
Stndrd 1-3 -40.56 $230.06 $242.24 $259.35 $256.31 $243.90
Prime 4 4.51 $275.13 $287.31 $304.42 $301.38 $288.97
Choice 4 -12.45 $258.17 $270.35 $287.46 $284.42 $272.01
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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
