NW_LS410
Des Moines, IA     Thu, Apr 24, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $320.60             $301.90
 Change =>                       0.91                0.96
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Current Index Reflects the Equivalent of 92,781 head of cattle.
SUPPLY (Live)  49,125 Hd
Equivalent:                   $319.50             $299.44
DEMAND (Box)   43,656 Hd*
Equivalent:                   $321.70             $304.35
Live-Box Spread:              ($2.20)             ($4.91)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $333.70
                  Weight   Price     Head      : Se 600-900#          $316.35
  Live Steer:          1511   $211.75    23,869: Current Lds:           101.5
  Live Heifer:         1348   $211.33    11,548: Previous Lds:          170.8
  Drsd Steer:           975   $336.64    11,756
  Drsd Heifer:          876   $335.90     1,952
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      Grading % Breakdown            :         Drop Credit      :       11.84
 Ch 600-900# :                 87.47%:         Steer Dressing % :      63.72%
 Ch 600-750# :                 35.36%:         Heifer Dressing %:      63.53%
 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%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 320.60                       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            16.26   $307.57   $319.75   $336.86   $333.82   $321.41
 Certified 1-3         5.68   $296.99   $309.17   $326.28   $323.24   $310.83
 Choice 1              3.35   $294.66   $306.84   $323.95   $320.91   $308.50
 Select 1            -16.23   $275.08   $287.26   $304.37   $301.33   $288.92
 Stndrd 1-3          -35.49   $255.82   $268.00   $285.11   $282.07   $269.66
 Prime 4               2.51   $293.82   $306.00   $323.11   $320.07   $307.66
 Choice 4            -12.45   $278.86   $291.04   $308.15   $305.11   $292.70
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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