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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-03-24)

USDA U.S. Department of Agriculture - March 24, 2025

NW_LS410
Des Moines, IA     Mon, Mar 24, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $317.43             $302.83
 Change =>                       6.13                6.24
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 116,052 head of cattle.
SUPPLY (Live)  75,486 Hd
Equivalent:                   $319.75             $304.08
DEMAND (Box)   40,566 Hd*
Equivalent:                   $315.10             $301.58
Live-Box Spread:               $4.65               $2.50
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $327.10
                  Weight   Price     Head      : Se 600-900#          $313.58
  Live Steer:          1533   $212.59    42,454: Current Lds:            77.6
  Live Heifer:         1384   $212.43    19,963: Previous Lds:          123.6
  Drsd Steer:           984   $335.12    11,063
  Drsd Heifer:          874   $335.20     2,006
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.43
 Ch 600-900# :                 87.52%:         Steer Dressing % :      63.83%
 Ch 600-750# :                 35.38%:         Heifer Dressing %:      63.76%
 Ch 750-900# :                 52.14%:         Processing Cost  :       12.00
 Se 600-900# :                 12.48%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.26%:
 Se 750-900# :                  9.22%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 317.43                       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            17.84   $305.98   $318.16   $335.27   $332.23   $319.82
 Certified 1-3         5.30   $293.44   $305.62   $322.73   $319.69   $307.28
 Choice 1              3.35   $291.49   $303.67   $320.78   $317.74   $305.33
 Select 1            -11.82   $276.32   $288.50   $305.61   $302.57   $290.16
 Stndrd 1-3          -34.06   $254.08   $266.26   $283.37   $280.33   $267.92
 Prime 4               4.09   $292.23   $304.41   $321.52   $318.48   $306.07
 Choice 4            -12.45   $275.69   $287.87   $304.98   $301.94   $289.53
-----------------------------------------------------------------------------
*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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