NW_LS410 Des Moines, IA Wed, Jan 15, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $313.37 $293.21 Change => 0.67 -0.25 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 111,761 head of cattle. SUPPLY (Live) 63,049 Hd Equivalent: $304.59 $280.39 DEMAND (Box) 48,712 Hd* Equivalent: $322.14 $306.04 Live-Box Spread: ($17.55) ($25.65) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $334.14 Weight Price Head : Se 600-900# $318.04 Live Steer: 1529 $202.84 36,135: Current Lds: 132.2 Live Heifer: 1356 $202.18 15,461: Previous Lds: 155.2 Drsd Steer: 999 $320.39 10,315 Drsd Heifer: 834 $320.00 1,138 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.36 Ch 600-900# : 87.26%: Steer Dressing % : 63.59% Ch 600-750# : 35.27%: Heifer Dressing %: 63.46% Ch 750-900# : 51.99%: Processing Cost : 12.00 Se 600-900# : 12.74%: Slaughter Cost : 50.50 Se 600-750# : 3.33%: Se 750-900# : 9.41%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 313.37 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 18.62 $302.70 $314.88 $331.99 $329.31 $316.54 Certified 1-3 5.68 $289.76 $301.94 $319.05 $316.37 $303.60 Choice 1 3.35 $287.43 $299.61 $316.72 $314.04 $301.27 Select 1 -20.40 $263.68 $275.86 $292.97 $290.29 $277.52 Stndrd 1-3 -38.91 $245.17 $257.35 $274.46 $271.78 $259.01 Prime 4 4.87 $288.95 $301.13 $318.24 $315.56 $302.79 Choice 4 -12.45 $271.63 $283.81 $300.92 $298.24 $285.47 ----------------------------------------------------------------------------- *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