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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-01-15)

USDA U.S. Department of Agriculture - January 15, 2025

NW_LS410
Des Moines, IA     Wed, Jan 15, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $313.37             $293.21
 Change =>                       0.67               -0.25
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 111,761 head of cattle.
SUPPLY (Live)  63,049 Hd
Equivalent:                   $304.59             $280.39
DEMAND (Box)   48,712 Hd*
Equivalent:                   $322.14             $306.04
Live-Box Spread:             ($17.55)            ($25.65)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $334.14
                  Weight   Price     Head      : Se 600-900#          $318.04
  Live Steer:          1529   $202.84    36,135: Current Lds:           132.2
  Live Heifer:         1356   $202.18    15,461: Previous Lds:          155.2
  Drsd Steer:           999   $320.39    10,315
  Drsd Heifer:          834   $320.00     1,138
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.36
 Ch 600-900# :                 87.26%:         Steer Dressing % :      63.59%
 Ch 600-750# :                 35.27%:         Heifer Dressing %:      63.46%
 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 = 313.37                       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   $302.70   $314.88   $331.99   $329.31   $316.54
 Certified 1-3         5.68   $289.76   $301.94   $319.05   $316.37   $303.60
 Choice 1              3.35   $287.43   $299.61   $316.72   $314.04   $301.27
 Select 1            -20.40   $263.68   $275.86   $292.97   $290.29   $277.52
 Stndrd 1-3          -38.91   $245.17   $257.35   $274.46   $271.78   $259.01
 Prime 4               4.87   $288.95   $301.13   $318.24   $315.56   $302.79
 Choice 4            -12.45   $271.63   $283.81   $300.92   $298.24   $285.47
-----------------------------------------------------------------------------
*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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