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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-04-03)

USDA U.S. Department of Agriculture - April 3, 2025

NW_LS410
Des Moines, IA     Thu, Apr 03, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $323.26             $304.41
 Change =>                      -0.81               -0.54
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 90,573 head of cattle.
SUPPLY (Live)  46,050 Hd
Equivalent:                   $320.15             $302.99
DEMAND (Box)   44,523 Hd*
Equivalent:                   $326.37             $305.84
Live-Box Spread:              ($6.22)             ($2.85)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $338.37
                  Weight   Price     Head      : Se 600-900#          $317.84
  Live Steer:          1516   $212.20    23,877: Current Lds:           131.3
  Live Heifer:         1373   $211.94    12,048: Previous Lds:          114.5
  Drsd Steer:           978   $338.50     7,268
  Drsd Heifer:          871   $337.28     2,857
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.79
 Ch 600-900# :                 87.40%:         Steer Dressing % :      63.41%
 Ch 600-750# :                 35.33%:         Heifer Dressing %:      63.37%
 Ch 750-900# :                 52.07%:         Processing Cost  :       12.00
 Se 600-900# :                 12.60%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.29%:
 Se 750-900# :                  9.31%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 323.26                       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            17.34   $311.31   $323.49   $340.60   $337.56   $325.15
 Certified 1-3         5.55   $299.52   $311.70   $328.81   $325.77   $313.36
 Choice 1              3.35   $297.32   $309.50   $326.61   $323.57   $311.16
 Select 1            -13.32   $280.65   $292.83   $309.94   $306.90   $294.49
 Stndrd 1-3          -34.70   $259.27   $271.45   $288.56   $285.52   $273.11
 Prime 4               3.59   $297.56   $309.74   $326.85   $323.81   $311.40
 Choice 4            -12.45   $281.52   $293.70   $310.81   $307.77   $295.36
-----------------------------------------------------------------------------
*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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