USDA U.S. Department of Agriculture - January 9, 2025
NW_LS410
Des Moines, IA Thu, Jan 09, 2025 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $310.10 $284.54
Change => 1.23 0.87
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Current Index Reflects the Equivalent of 124,252 head of cattle.
SUPPLY (Live) 68,147 Hd
Equivalent: $301.42 $272.74
DEMAND (Box) 56,105 Hd*
Equivalent: $318.78 $296.35
Live-Box Spread: ($17.36) ($23.61)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $330.78
Weight Price Head : Se 600-900# $308.35
Live Steer: 1516 $199.02 38,036: Current Lds: 116.1
Live Heifer: 1371 $199.23 16,570: Previous Lds: 181.3
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 % : 63.53%
Ch 600-750# : 35.17%: Heifer Dressing %: 63.49%
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 = 310.10 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 $299.65 $311.83 $328.94 $325.90 $313.49
Certified 1-3 5.55 $286.36 $298.54 $315.65 $312.61 $300.20
Choice 1 3.35 $284.16 $296.34 $313.45 $310.41 $298.00
Select 1 -24.90 $255.91 $268.09 $285.20 $282.16 $269.75
Stndrd 1-3 -39.63 $241.18 $253.36 $270.47 $267.43 $255.02
Prime 4 5.09 $285.90 $298.08 $315.19 $312.15 $299.74
Choice 4 -12.45 $268.36 $280.54 $297.65 $294.61 $282.20
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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
