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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-02-12)

USDA U.S. Department of Agriculture - February 12, 2025

NW_LS410
Des Moines, IA     Wed, Feb 12, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $309.40             $296.55
 Change =>                      -1.69               -1.63
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 112,114 head of cattle.
SUPPLY (Live)  60,193 Hd
Equivalent:                   $311.54             $295.96
DEMAND (Box)   51,921 Hd*
Equivalent:                   $307.26             $297.14
Live-Box Spread:               $4.28              ($1.18)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $319.26
                  Weight   Price     Head      : Se 600-900#          $309.14
  Live Steer:          1522   $206.87    32,575: Current Lds:           176.4
  Live Heifer:         1345   $206.74    12,095: Previous Lds:          164.3
  Drsd Steer:           987   $327.30    12,985
  Drsd Heifer:          855   $327.77     2,538
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.64
 Ch 600-900# :                 87.45%:         Steer Dressing % :      63.42%
 Ch 600-750# :                 35.35%:         Heifer Dressing %:      63.35%
 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 = 309.40                       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   $299.66   $311.84   $328.95   $326.27   $313.50
 Certified 1-3         5.68   $285.79   $297.97   $315.08   $312.40   $299.63
 Choice 1              3.35   $283.46   $295.64   $312.75   $310.07   $297.30
 Select 1            -11.73   $268.38   $280.56   $297.67   $294.99   $282.22
 Stndrd 1-3          -34.27   $245.84   $258.02   $275.13   $272.45   $259.68
 Prime 4               5.80   $285.91   $298.09   $315.20   $312.52   $299.75
 Choice 4            -12.45   $267.66   $279.84   $296.95   $294.27   $281.50
-----------------------------------------------------------------------------
*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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