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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-01-20)

USDA U.S. Department of Agriculture - January 20, 2025

NW_LS410
Des Moines, IA     Mon, Jan 20, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $314.58             $297.94
 Change =>                       0.87                3.26
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 115,363 head of cattle.
SUPPLY (Live)  66,590 Hd
Equivalent:                   $308.00             $288.44
DEMAND (Box)   48,773 Hd*
Equivalent:                   $321.16             $307.44
Live-Box Spread:             ($13.16)            ($19.00)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $333.16
                  Weight   Price     Head      : Se 600-900#          $319.44
  Live Steer:          1526   $203.72    34,454: Current Lds:            99.8
  Live Heifer:         1394   $203.51    19,348: Previous Lds:          121.5
  Drsd Steer:           995   $322.01    11,184
  Drsd Heifer:          856   $322.35     1,604
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.45
 Ch 600-900# :                 87.47%:         Steer Dressing % :      63.29%
 Ch 600-750# :                 35.36%:         Heifer Dressing %:      63.13%
 Ch 750-900# :                 52.11%:         Processing Cost  :       12.00
 Se 600-900# :                 12.53%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.27%:
 Se 750-900# :                  9.26%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 314.58                       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            18.91   $304.20   $316.38   $333.49   $330.81   $318.04
 Certified 1-3         5.93   $291.22   $303.40   $320.51   $317.83   $305.06
 Choice 1              3.35   $288.64   $300.82   $317.93   $315.25   $302.48
 Select 1            -15.73   $269.56   $281.74   $298.85   $296.17   $283.40
 Stndrd 1-3          -37.27   $248.02   $260.20   $277.31   $274.63   $261.86
 Prime 4               5.16   $290.45   $302.63   $319.74   $317.06   $304.29
 Choice 4            -12.45   $272.84   $285.02   $302.13   $299.45   $286.68
-----------------------------------------------------------------------------
*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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