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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-02-11)

USDA U.S. Department of Agriculture - February 11, 2025

NW_LS410
Des Moines, IA     Tue, Feb 11, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $311.09             $298.18
 Change =>                      -0.53               -0.86
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 110,482 head of cattle.
SUPPLY (Live)  59,748 Hd
Equivalent:                   $311.73             $296.15
DEMAND (Box)   50,734 Hd*
Equivalent:                   $310.46             $300.21
Live-Box Spread:               $1.27              ($4.06)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $322.46
                  Weight   Price     Head      : Se 600-900#          $312.21
  Live Steer:          1531   $207.13    30,298: Current Lds:           164.3
  Live Heifer:         1352   $207.03    11,689: Previous Lds:           82.9
  Drsd Steer:           987   $327.23    14,973
  Drsd Heifer:          862   $327.52     2,788
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.62
 Ch 600-900# :                 87.45%:         Steer Dressing % :      63.46%
 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 = 311.09                       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            19.55   $301.35   $313.53   $330.64   $327.96   $315.19
 Certified 1-3         5.68   $287.48   $299.66   $316.77   $314.09   $301.32
 Choice 1              3.35   $285.15   $297.33   $314.44   $311.76   $298.99
 Select 1            -11.73   $270.07   $282.25   $299.36   $296.68   $283.91
 Stndrd 1-3          -34.27   $247.53   $259.71   $276.82   $274.14   $261.37
 Prime 4               5.80   $287.60   $299.78   $316.89   $314.21   $301.44
 Choice 4            -12.45   $269.35   $281.53   $298.64   $295.96   $283.19
-----------------------------------------------------------------------------
*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

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