NW_LS410 Des Moines, IA Fri, Jan 10, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $312.38 $288.69 Change => 2.28 4.15 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 150,282 head of cattle. SUPPLY (Live) 95,692 Hd Equivalent: $303.93 $275.24 DEMAND (Box) 54,590 Hd* Equivalent: $320.84 $302.14 Live-Box Spread: ($16.91) ($26.90) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $332.84 Weight Price Head : Se 600-900# $314.14 Live Steer: 1531 $200.98 51,914: Current Lds: 128.5 Live Heifer: 1368 $200.65 22,258: Previous Lds: 116.1 Drsd Steer: 998 $317.45 17,502 Drsd Heifer: 876 $316.25 4,018 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.44 Ch 600-900# : 87.01%: Steer Dressing % : 63.60% Ch 600-750# : 35.17%: Heifer Dressing %: 63.51% 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 = 312.38 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 $301.93 $314.11 $331.22 $328.18 $315.77 Certified 1-3 5.55 $288.64 $300.82 $317.93 $314.89 $302.48 Choice 1 3.35 $286.44 $298.62 $315.73 $312.69 $300.28 Select 1 -24.90 $258.19 $270.37 $287.48 $284.44 $272.03 Stndrd 1-3 -39.63 $243.46 $255.64 $272.75 $269.71 $257.30 Prime 4 5.09 $288.18 $300.36 $317.47 $314.43 $302.02 Choice 4 -12.45 $270.64 $282.82 $299.93 $296.89 $284.48 ----------------------------------------------------------------------------- *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