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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-02-14)

USDA U.S. Department of Agriculture - February 14, 2025

NW_LS410
Des Moines, IA     Fri, Feb 14, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $303.97             $292.40
 Change =>                      -4.28               -4.28
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 63,925 head of cattle.
SUPPLY (Live)  16,910 Hd
Equivalent:                   $305.23             $289.66
DEMAND (Box)   47,015 Hd*
Equivalent:                   $302.70             $295.14
Live-Box Spread:               $2.53              ($5.48)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $314.70
                  Weight   Price     Head      : Se 600-900#          $307.14
  Live Steer:          1473   $203.82     8,456: Current Lds:            86.9
  Live Heifer:         1347   $202.96     3,406: Previous Lds:          116.4
  Drsd Steer:           977   $320.86     4,518
  Drsd Heifer:          890   $319.70       530
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.87
 Ch 600-900# :                 87.45%:         Steer Dressing % :      63.60%
 Ch 600-750# :                 35.35%:         Heifer Dressing %:      63.44%
 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 = 303.97                       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   $294.23   $306.41   $323.52   $320.84   $308.07
 Certified 1-3         5.68   $280.36   $292.54   $309.65   $306.97   $294.20
 Choice 1              3.35   $278.03   $290.21   $307.32   $304.64   $291.87
 Select 1            -11.73   $262.95   $275.13   $292.24   $289.56   $276.79
 Stndrd 1-3          -34.27   $240.41   $252.59   $269.70   $267.02   $254.25
 Prime 4               5.80   $280.48   $292.66   $309.77   $307.09   $294.32
 Choice 4            -12.45   $262.23   $274.41   $291.52   $288.84   $276.07
-----------------------------------------------------------------------------
*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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