NW_LS410
Des Moines, IA     Fri, Jan 31, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $316.48             $302.56
 Change =>                       0.14                0.63
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Current Index Reflects the Equivalent of 130,603 head of cattle.
SUPPLY (Live)  81,770 Hd
Equivalent:                   $317.29             $300.05
DEMAND (Box)   48,833 Hd*
Equivalent:                   $315.68             $305.07
Live-Box Spread:               $1.61              ($5.02)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $327.68
                  Weight   Price     Head      : Se 600-900#          $317.07
  Live Steer:          1524   $210.11    42,451: Current Lds:            90.3
  Live Heifer:         1367   $209.95    21,602: Previous Lds:          138.4
  Drsd Steer:           983   $330.05    15,186
  Drsd Heifer:          864   $329.40     2,531
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      Grading % Breakdown            :         Drop Credit      :       11.53
 Ch 600-900# :                 87.56%:         Steer Dressing % :      63.45%
 Ch 600-750# :                 35.40%:         Heifer Dressing %:      63.31%
 Ch 750-900# :                 52.17%:         Processing Cost  :       12.00
 Se 600-900# :                 12.44%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.25%:
 Se 750-900# :                  9.19%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 316.48                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -29.29    -17.11               -3.04    -15.45
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 Prime 1-3            19.19   $306.38   $318.56   $335.67   $332.63   $320.22
 Certified 1-3         6.30   $293.49   $305.67   $322.78   $319.74   $307.33
 Choice 1              3.35   $290.54   $302.72   $319.83   $316.79   $304.38
 Select 1            -13.40   $273.79   $285.97   $303.08   $300.04   $287.63
 Stndrd 1-3          -36.27   $250.92   $263.10   $280.21   $277.17   $264.76
 Prime 4               5.44   $292.63   $304.81   $321.92   $318.88   $306.47
 Choice 4            -12.45   $274.74   $286.92   $304.03   $300.99   $288.58
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*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