USDA U.S. Department of Agriculture - January 16, 2025
NW_LS410
Des Moines, IA Thu, Jan 16, 2025 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $313.09 $293.97
Change => -0.28 0.76
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 118,964 head of cattle.
SUPPLY (Live) 68,343 Hd
Equivalent: $304.76 $280.56
DEMAND (Box) 50,621 Hd*
Equivalent: $321.41 $307.38
Live-Box Spread: ($16.65) ($26.82)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $333.41
Weight Price Head : Se 600-900# $319.38
Live Steer: 1516 $202.79 39,267: Current Lds: 141.6
Live Heifer: 1359 $202.23 17,104: Previous Lds: 132.2
Drsd Steer: 998 $320.38 10,559
Drsd Heifer: 841 $320.97 1,413
-----------------------------------------------------------------------------
Grading % Breakdown : Drop Credit : 11.36
Ch 600-900# : 87.26%: Steer Dressing % : 63.55%
Ch 600-750# : 35.27%: Heifer Dressing %: 63.42%
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 = 313.09 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 $302.42 $314.60 $331.71 $329.03 $316.26
Certified 1-3 5.68 $289.48 $301.66 $318.77 $316.09 $303.32
Choice 1 3.35 $287.15 $299.33 $316.44 $313.76 $300.99
Select 1 -20.40 $263.40 $275.58 $292.69 $290.01 $277.24
Stndrd 1-3 -38.91 $244.89 $257.07 $274.18 $271.50 $258.73
Prime 4 4.87 $288.67 $300.85 $317.96 $315.28 $302.51
Choice 4 -12.45 $271.35 $283.53 $300.64 $297.96 $285.19
-----------------------------------------------------------------------------
*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
