NW_LS410
Des Moines, IA     Fri, Mar 14, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $304.15             $291.96
 Change =>                      -0.37               -0.23
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 94,235 head of cattle.
SUPPLY (Live)  46,174 Hd
Equivalent:                   $302.03             $289.60
DEMAND (Box)   48,061 Hd*
Equivalent:                   $306.27             $294.32
Live-Box Spread:              ($4.24)             ($4.72)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $318.27
                  Weight   Price     Head      : Se 600-900#          $306.32
  Live Steer:          1537   $201.23    25,148: Current Lds:            93.1
  Live Heifer:         1380   $201.16     9,935: Previous Lds:          162.2
  Drsd Steer:           983   $316.71     9,211
  Drsd Heifer:          875   $316.26     1,880
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.38
 Ch 600-900# :                 87.43%:         Steer Dressing % :      63.54%
 Ch 600-750# :                 35.34%:         Heifer Dressing %:      63.40%
 Ch 750-900# :                 52.09%:         Processing Cost  :       12.00
 Se 600-900# :                 12.57%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.28%:
 Se 750-900# :                  9.29%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 304.15                       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            18.55   $293.41   $305.59   $322.70   $319.66   $307.25
 Certified 1-3         5.43   $280.29   $292.47   $309.58   $306.54   $294.13
 Choice 1              3.35   $278.21   $290.39   $307.50   $304.46   $292.05
 Select 1             -8.57   $266.29   $278.47   $295.58   $292.54   $280.13
 Stndrd 1-3          -32.77   $242.09   $254.27   $271.38   $268.34   $255.93
 Prime 4               4.80   $279.66   $291.84   $308.95   $305.91   $293.50
 Choice 4            -12.45   $262.41   $274.59   $291.70   $288.66   $276.25
-----------------------------------------------------------------------------
*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