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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-03-19)

USDA U.S. Department of Agriculture - March 19, 2025

NW_LS410
Des Moines, IA     Wed, Mar 19, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $313.36             $296.11
 Change =>                       3.14               -0.27
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 110,804 head of cattle.
SUPPLY (Live)  67,405 Hd
Equivalent:                   $309.12             $295.53
DEMAND (Box)   43,399 Hd*
Equivalent:                   $317.61             $296.68
Live-Box Spread:              ($8.49)             ($1.15)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $329.61
                  Weight   Price     Head      : Se 600-900#          $308.68
  Live Steer:          1535   $205.40    35,245: Current Lds:           110.0
  Live Heifer:         1384   $205.02    16,185: Previous Lds:          109.2
  Drsd Steer:           977   $324.87    11,712
  Drsd Heifer:          864   $324.19     4,263
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.38
 Ch 600-900# :                 87.48%:         Steer Dressing % :      63.57%
 Ch 600-750# :                 35.36%:         Heifer Dressing %:      63.54%
 Ch 750-900# :                 52.12%:         Processing Cost  :       12.00
 Se 600-900# :                 12.52%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.27%:
 Se 750-900# :                  9.25%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 313.36                       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            17.98   $302.05   $314.23   $331.34   $328.30   $315.89
 Certified 1-3         5.30   $289.37   $301.55   $318.66   $315.62   $303.21
 Choice 1              3.35   $287.42   $299.60   $316.71   $313.67   $301.26
 Select 1             -9.73   $274.34   $286.52   $303.63   $300.59   $288.18
 Stndrd 1-3          -32.91   $251.16   $263.34   $280.45   $277.41   $265.00
 Prime 4               4.23   $288.30   $300.48   $317.59   $314.55   $302.14
 Choice 4            -12.45   $271.62   $283.80   $300.91   $297.87   $285.46
-----------------------------------------------------------------------------
*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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