NW_LS410
Des Moines, IA     Fri, Feb 28, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $298.67             $286.28
 Change =>                      -0.59               -0.95
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Current Index Reflects the Equivalent of 72,276 head of cattle.
SUPPLY (Live)  23,466 Hd
Equivalent:                   $297.51             $282.51
DEMAND (Box)   48,810 Hd*
Equivalent:                   $299.83             $290.05
Live-Box Spread:              ($2.32)             ($7.54)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $311.83
                  Weight   Price     Head      : Se 600-900#          $302.05
  Live Steer:          1545   $199.16    10,957: Current Lds:           101.4
  Live Heifer:         1365   $198.80     5,513: Previous Lds:          162.7
  Drsd Steer:           989   $313.54     5,493
  Drsd Heifer:          885   $313.64     1,503
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      Grading % Breakdown            :         Drop Credit      :       11.93
 Ch 600-900# :                 87.45%:         Steer Dressing % :      63.70%
 Ch 600-750# :                 35.35%:         Heifer Dressing %:      63.62%
 Ch 750-900# :                 52.10%:         Processing Cost  :       12.00
 Se 600-900# :                 12.55%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.28%:
 Se 750-900# :                  9.27%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 298.67                       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   $288.57   $300.75   $317.86   $314.82   $302.41
 Certified 1-3         5.55   $274.93   $287.11   $304.22   $301.18   $288.77
 Choice 1              3.35   $272.73   $284.91   $302.02   $298.98   $286.57
 Select 1            -11.15   $258.23   $270.41   $287.52   $284.48   $272.07
 Stndrd 1-3          -32.70   $236.68   $248.86   $265.97   $262.93   $250.52
 Prime 4               5.44   $274.82   $287.00   $304.11   $301.07   $288.66
 Choice 4            -12.45   $256.93   $269.11   $286.22   $283.18   $270.77
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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