NW_LS410 Des Moines, IA Mon, Jan 27, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $317.16 $303.77 Change => 4.08 6.29 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 121,827 head of cattle. SUPPLY (Live) 67,870 Hd Equivalent: $316.23 $298.99 DEMAND (Box) 53,957 Hd* Equivalent: $318.08 $308.55 Live-Box Spread: ($1.85) ($9.56) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $330.08 Weight Price Head : Se 600-900# $320.55 Live Steer: 1530 $209.13 37,741: Current Lds: 136.7 Live Heifer: 1368 $208.93 19,986: Previous Lds: 128.7 Drsd Steer: 983 $329.98 8,500 Drsd Heifer: 871 $329.74 1,643 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.54 Ch 600-900# : 87.56%: Steer Dressing % : 63.39% Ch 600-750# : 35.40%: Heifer Dressing %: 63.28% 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%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 317.16 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 19.19 $307.06 $319.24 $336.35 $333.31 $320.90 Certified 1-3 6.30 $294.17 $306.35 $323.46 $320.42 $308.01 Choice 1 3.35 $291.22 $303.40 $320.51 $317.47 $305.06 Select 1 -13.40 $274.47 $286.65 $303.76 $300.72 $288.31 Stndrd 1-3 -36.27 $251.60 $263.78 $280.89 $277.85 $265.44 Prime 4 5.44 $293.31 $305.49 $322.60 $319.56 $307.15 Choice 4 -12.45 $275.42 $287.60 $304.71 $301.67 $289.26 ----------------------------------------------------------------------------- *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