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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-02-18)

USDA U.S. Department of Agriculture - February 18, 2025

NW_LS410
Des Moines, IA     Tue, Feb 18, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $304.27             $290.61
 Change =>                       0.09               -1.21
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 83,609 head of cattle.
SUPPLY (Live)  38,067 Hd
Equivalent:                   $304.76             $289.51
DEMAND (Box)   45,542 Hd*
Equivalent:                   $303.77             $291.71
Live-Box Spread:               $0.99              ($2.20)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $315.77
                  Weight   Price     Head      : Se 600-900#          $303.71
  Live Steer:          1512   $203.09    17,696: Current Lds:           140.2
  Live Heifer:         1364   $203.09     9,560: Previous Lds:           87.4
  Drsd Steer:           989   $320.52     9,447
  Drsd Heifer:          901   $320.21     1,364
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.80
 Ch 600-900# :                 87.44%:         Steer Dressing % :      63.57%
 Ch 600-750# :                 35.34%:         Heifer Dressing %:      63.28%
 Ch 750-900# :                 52.09%:         Processing Cost  :       12.00
 Se 600-900# :                 12.56%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.28%:
 Se 750-900# :                  9.28%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 304.27                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -29.29    -17.11               -3.04    -15.45
-----------------------------------------------------------------------------
 Prime 1-3            19.48   $294.46   $306.64   $323.75   $320.71   $308.30
 Certified 1-3         5.68   $280.66   $292.84   $309.95   $306.91   $294.50
 Choice 1              3.35   $278.33   $290.51   $307.62   $304.58   $292.17
 Select 1            -11.40   $263.58   $275.76   $292.87   $289.83   $277.42
 Stndrd 1-3          -32.91   $242.07   $254.25   $271.36   $268.32   $255.91
 Prime 4               5.73   $280.71   $292.89   $310.00   $306.96   $294.55
 Choice 4            -12.45   $262.53   $274.71   $291.82   $288.78   $276.37
-----------------------------------------------------------------------------
*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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