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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-02-20)

USDA U.S. Department of Agriculture - February 20, 2025

NW_LS410
Des Moines, IA     Thu, Feb 20, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $302.44             $290.09
 Change =>                      -0.68               -0.34
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 72,892 head of cattle.
SUPPLY (Live)  32,676 Hd
Equivalent:                   $304.25             $289.00
DEMAND (Box)   40,216 Hd*
Equivalent:                   $300.63             $291.18
Live-Box Spread:               $3.62              ($2.18)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $312.63
                  Weight   Price     Head      : Se 600-900#          $303.18
  Live Steer:          1533   $202.91    14,964: Current Lds:           100.8
  Live Heifer:         1377   $202.95     8,436: Previous Lds:          121.0
  Drsd Steer:           990   $320.49     7,912
  Drsd Heifer:          901   $320.21     1,364
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.89
 Ch 600-900# :                 87.44%:         Steer Dressing % :      63.62%
 Ch 600-750# :                 35.34%:         Heifer Dressing %:      63.32%
 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 = 302.44                       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   $292.63   $304.81   $321.92   $318.88   $306.47
 Certified 1-3         5.68   $278.83   $291.01   $308.12   $305.08   $292.67
 Choice 1              3.35   $276.50   $288.68   $305.79   $302.75   $290.34
 Select 1            -11.40   $261.75   $273.93   $291.04   $288.00   $275.59
 Stndrd 1-3          -32.91   $240.24   $252.42   $269.53   $266.49   $254.08
 Prime 4               5.73   $278.88   $291.06   $308.17   $305.13   $292.72
 Choice 4            -12.45   $260.70   $272.88   $289.99   $286.95   $274.54
-----------------------------------------------------------------------------
*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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