NW_LS410 Des Moines, IA Tue, Jan 07, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $307.43 $282.91 Change => 0.34 2.05 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 119,229 head of cattle. SUPPLY (Live) 67,846 Hd Equivalent: $301.08 $272.40 DEMAND (Box) 51,383 Hd* Equivalent: $313.79 $293.43 Live-Box Spread: ($12.71) ($21.03) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $325.79 Weight Price Head : Se 600-900# $305.43 Live Steer: 1516 $198.91 37,010: Current Lds: 156.0 Live Heifer: 1373 $198.92 17,295: Previous Lds: 145.9 Drsd Steer: 1000 $314.60 10,261 Drsd Heifer: 886 $314.21 3,280 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.41 Ch 600-900# : 87.01%: Steer Dressing % : 63.54% Ch 600-750# : 35.17%: Heifer Dressing %: 63.55% Ch 750-900# : 51.84%: Processing Cost : 12.00 Se 600-900# : 12.99%: Slaughter Cost : 50.50 Se 600-750# : 3.39%: Se 750-900# : 9.60%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 307.43 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 18.84 $296.98 $309.16 $326.27 $323.23 $310.82 Certified 1-3 5.55 $283.69 $295.87 $312.98 $309.94 $297.53 Choice 1 3.35 $281.49 $293.67 $310.78 $307.74 $295.33 Select 1 -24.90 $253.24 $265.42 $282.53 $279.49 $267.08 Stndrd 1-3 -39.63 $238.51 $250.69 $267.80 $264.76 $252.35 Prime 4 5.09 $283.23 $295.41 $312.52 $309.48 $297.07 Choice 4 -12.45 $265.69 $277.87 $294.98 $291.94 $279.53 ----------------------------------------------------------------------------- *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