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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-02-10)

USDA U.S. Department of Agriculture - February 10, 2025

NW_LS410
Des Moines, IA     Mon, Feb 10, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $311.62             $299.04
 Change =>                      -0.26                0.18
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 106,368 head of cattle.
SUPPLY (Live)  60,042 Hd
Equivalent:                   $311.73             $296.15
DEMAND (Box)   46,326 Hd*
Equivalent:                   $311.50             $301.92
Live-Box Spread:               $0.23              ($5.77)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $323.50
                  Weight   Price     Head      : Se 600-900#          $313.92
  Live Steer:          1530   $207.19    30,211: Current Lds:            82.9
  Live Heifer:         1352   $207.03    11,689: Previous Lds:          155.0
  Drsd Steer:           986   $327.19    15,229
  Drsd Heifer:          863   $327.41     2,913
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.63
 Ch 600-900# :                 87.45%:         Steer Dressing % :      63.47%
 Ch 600-750# :                 35.35%:         Heifer Dressing %:      63.37%
 Ch 750-900# :                 52.10%:         Processing Cost  :       12.00
 Se 600-900# :                 12.55%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.27%:
 Se 750-900# :                  9.27%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 311.62                       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            19.55   $301.88   $314.06   $331.17   $328.49   $315.72
 Certified 1-3         5.68   $288.01   $300.19   $317.30   $314.62   $301.85
 Choice 1              3.35   $285.68   $297.86   $314.97   $312.29   $299.52
 Select 1            -11.73   $270.60   $282.78   $299.89   $297.21   $284.44
 Stndrd 1-3          -34.27   $248.06   $260.24   $277.35   $274.67   $261.90
 Prime 4               5.80   $288.13   $300.31   $317.42   $314.74   $301.97
 Choice 4            -12.45   $269.88   $282.06   $299.17   $296.49   $283.72
-----------------------------------------------------------------------------
*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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