NW_LS410 Des Moines, IA Wed, Jan 22, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $313.91 $297.12 Change => -0.12 -0.88 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 118,126 head of cattle. SUPPLY (Live) 69,065 Hd Equivalent: $307.80 $288.25 DEMAND (Box) 49,061 Hd* Equivalent: $320.02 $305.99 Live-Box Spread: ($12.22) ($17.74) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $332.02 Weight Price Head : Se 600-900# $317.99 Live Steer: 1519 $203.51 35,889: Current Lds: 138.8 Live Heifer: 1385 $203.34 20,137: Previous Lds: 152.4 Drsd Steer: 994 $322.02 11,435 Drsd Heifer: 856 $322.35 1,604 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.45 Ch 600-900# : 87.47%: Steer Dressing % : 63.28% Ch 600-750# : 35.36%: Heifer Dressing %: 63.12% Ch 750-900# : 52.11%: Processing Cost : 12.00 Se 600-900# : 12.53%: Slaughter Cost : 50.50 Se 600-750# : 3.27%: Se 750-900# : 9.26%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 313.91 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -29.29 -17.11 -2.68 -15.45 ----------------------------------------------------------------------------- Prime 1-3 18.91 $303.53 $315.71 $332.82 $330.14 $317.37 Certified 1-3 5.93 $290.55 $302.73 $319.84 $317.16 $304.39 Choice 1 3.35 $287.97 $300.15 $317.26 $314.58 $301.81 Select 1 -15.73 $268.89 $281.07 $298.18 $295.50 $282.73 Stndrd 1-3 -37.27 $247.35 $259.53 $276.64 $273.96 $261.19 Prime 4 5.16 $289.78 $301.96 $319.07 $316.39 $303.62 Choice 4 -12.45 $272.17 $284.35 $301.46 $298.78 $286.01 ----------------------------------------------------------------------------- *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