USDA U.S. Department of Agriculture - January 8, 2025
NW_LS410
Des Moines, IA Wed, Jan 08, 2025 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $308.87 $283.67
Change => 1.44 0.76
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Current Index Reflects the Equivalent of 123,843 head of cattle.
SUPPLY (Live) 67,771 Hd
Equivalent: $301.14 $272.46
DEMAND (Box) 56,072 Hd*
Equivalent: $316.61 $294.89
Live-Box Spread: ($15.47) ($22.43)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $328.61
Weight Price Head : Se 600-900# $306.89
Live Steer: 1516 $198.95 37,035: Current Lds: 181.3
Live Heifer: 1374 $198.95 17,195: Previous Lds: 156.0
Drsd Steer: 1000 $314.60 10,261
Drsd Heifer: 886 $314.21 3,280
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Grading % Breakdown : Drop Credit : 11.40
Ch 600-900# : 87.01%: Steer Dressing % : 63.54%
Ch 600-750# : 35.17%: Heifer Dressing %: 63.55%
Ch 750-900# : 51.84%: Processing Cost : 12.00
Se 600-900# : 12.99%: Slaughter Cost : 50.50
Se 600-750# : 3.39%:
Se 750-900# : 9.60%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 308.87 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 18.84 $298.42 $310.60 $327.71 $324.67 $312.26
Certified 1-3 5.55 $285.13 $297.31 $314.42 $311.38 $298.97
Choice 1 3.35 $282.93 $295.11 $312.22 $309.18 $296.77
Select 1 -24.90 $254.68 $266.86 $283.97 $280.93 $268.52
Stndrd 1-3 -39.63 $239.95 $252.13 $269.24 $266.20 $253.79
Prime 4 5.09 $284.67 $296.85 $313.96 $310.92 $298.51
Choice 4 -12.45 $267.13 $279.31 $296.42 $293.38 $280.97
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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
