NW_LS410 Des Moines, IA Tue, Jan 21, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $314.03 $298.00 Change => -0.55 0.06 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 114,762 head of cattle. SUPPLY (Live) 66,200 Hd Equivalent: $308.00 $288.44 DEMAND (Box) 48,562 Hd* Equivalent: $320.05 $307.55 Live-Box Spread: ($12.05) ($19.11) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $332.05 Weight Price Head : Se 600-900# $319.55 Live Steer: 1525 $203.66 34,292: Current Lds: 152.4 Live Heifer: 1396 $203.59 19,149: Previous Lds: 99.8 Drsd Steer: 995 $322.07 11,155 Drsd Heifer: 856 $322.35 1,604 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.45 Ch 600-900# : 87.47%: Steer Dressing % : 63.29% Ch 600-750# : 35.36%: Heifer Dressing %: 63.13% 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 = 314.03 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 $303.65 $315.83 $332.94 $330.26 $317.49 Certified 1-3 5.93 $290.67 $302.85 $319.96 $317.28 $304.51 Choice 1 3.35 $288.09 $300.27 $317.38 $314.70 $301.93 Select 1 -15.73 $269.01 $281.19 $298.30 $295.62 $282.85 Stndrd 1-3 -37.27 $247.47 $259.65 $276.76 $274.08 $261.31 Prime 4 5.16 $289.90 $302.08 $319.19 $316.51 $303.74 Choice 4 -12.45 $272.29 $284.47 $301.58 $298.90 $286.13 ----------------------------------------------------------------------------- *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