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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-01-13)

USDA U.S. Department of Agriculture - January 13, 2025

NW_LS410
Des Moines, IA     Mon, Jan 13, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $312.85             $292.85
 Change =>                       0.47                4.16
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 113,522 head of cattle.
SUPPLY (Live)  61,062 Hd
Equivalent:                   $304.34             $280.14
DEMAND (Box)   52,460 Hd*
Equivalent:                   $321.35             $305.57
Live-Box Spread:             ($17.01)            ($25.43)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $333.35
                  Weight   Price     Head      : Se 600-900#          $317.57
  Live Steer:          1526   $202.69    35,184: Current Lds:           117.5
  Live Heifer:         1352   $202.09    14,489: Previous Lds:          128.5
  Drsd Steer:           999   $320.39    10,251
  Drsd Heifer:          834   $320.00     1,138
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.36
 Ch 600-900# :                 87.26%:         Steer Dressing % :      63.61%
 Ch 600-750# :                 35.27%:         Heifer Dressing %:      63.50%
 Ch 750-900# :                 51.99%:         Processing Cost  :       12.00
 Se 600-900# :                 12.74%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.33%:
 Se 750-900# :                  9.41%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 312.85                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -29.29    -17.11               -2.68    -15.45
-----------------------------------------------------------------------------
 Prime 1-3            18.62   $302.18   $314.36   $331.47   $328.79   $316.02
 Certified 1-3         5.68   $289.24   $301.42   $318.53   $315.85   $303.08
 Choice 1              3.35   $286.91   $299.09   $316.20   $313.52   $300.75
 Select 1            -20.40   $263.16   $275.34   $292.45   $289.77   $277.00
 Stndrd 1-3          -38.91   $244.65   $256.83   $273.94   $271.26   $258.49
 Prime 4               4.87   $288.43   $300.61   $317.72   $315.04   $302.27
 Choice 4            -12.45   $271.11   $283.29   $300.40   $297.72   $284.95
-----------------------------------------------------------------------------
*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

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