NW_LS410
Des Moines, IA     Tue, Mar 25, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $321.49             $303.09
 Change =>                       4.06                0.26
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Current Index Reflects the Equivalent of 117,287 head of cattle.
SUPPLY (Live)  75,354 Hd
Equivalent:                   $319.79             $304.13
DEMAND (Box)   41,933 Hd*
Equivalent:                   $323.19             $302.05
Live-Box Spread:              ($3.40)              $2.08
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $335.19
                  Weight   Price     Head      : Se 600-900#          $314.05
  Live Steer:          1533   $212.62    42,320: Current Lds:           126.4
  Live Heifer:         1384   $212.44    19,965: Previous Lds:           78.6
  Drsd Steer:           984   $335.12    11,063
  Drsd Heifer:          874   $335.20     2,006
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      Grading % Breakdown            :         Drop Credit      :       11.42
 Ch 600-900# :                 87.52%:         Steer Dressing % :      63.83%
 Ch 600-750# :                 35.38%:         Heifer Dressing %:      63.76%
 Ch 750-900# :                 52.14%:         Processing Cost  :       12.00
 Se 600-900# :                 12.48%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.26%:
 Se 750-900# :                  9.22%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 321.49                       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            17.84   $310.04   $322.22   $339.33   $336.29   $323.88
 Certified 1-3         5.30   $297.50   $309.68   $326.79   $323.75   $311.34
 Choice 1              3.35   $295.55   $307.73   $324.84   $321.80   $309.39
 Select 1            -11.82   $280.38   $292.56   $309.67   $306.63   $294.22
 Stndrd 1-3          -34.06   $258.14   $270.32   $287.43   $284.39   $271.98
 Prime 4               4.09   $296.29   $308.47   $325.58   $322.54   $310.13
 Choice 4            -12.45   $279.75   $291.93   $309.04   $306.00   $293.59
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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