NW_LS410 Des Moines, IA Thu, Dec 26, 2024 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $302.09 $271.07 Change => 2.18 0.99 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 84,767 head of cattle. SUPPLY (Live) 38,310 Hd Equivalent: $295.79 $265.37 DEMAND (Box) 46,457 Hd* Equivalent: $308.39 $276.77 Live-Box Spread: ($12.60) ($11.40) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $320.39 Weight Price Head : Se 600-900# $288.77 Live Steer: 1526 $194.58 24,890: Current Lds: 186.2 Live Heifer: 1385 $194.57 7,353: Previous Lds: 114.4 Drsd Steer: 983 $305.58 5,176 Drsd Heifer: 857 $305.00 891 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.44 Ch 600-900# : 87.55%: Steer Dressing % : 63.22% Ch 600-750# : 35.39%: Heifer Dressing %: 63.14% Ch 750-900# : 52.16%: Processing Cost : 12.00 Se 600-900# : 12.45%: Slaughter Cost : 50.50 Se 600-750# : 3.25%: Se 750-900# : 9.20%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 302.09 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 18.41 $291.21 $303.39 $320.50 $317.46 $305.05 Certified 1-3 5.55 $278.35 $290.53 $307.64 $304.60 $292.19 Choice 1 3.35 $276.15 $288.33 $305.44 $302.40 $289.99 Select 1 -26.65 $246.15 $258.33 $275.44 $272.40 $259.99 Stndrd 1-3 -40.34 $232.46 $244.64 $261.75 $258.71 $246.30 Prime 4 4.66 $277.46 $289.64 $306.75 $303.71 $291.30 Choice 4 -12.45 $260.35 $272.53 $289.64 $286.60 $274.19 ----------------------------------------------------------------------------- *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