NW_LS410
Des Moines, IA     Tue, Mar 18, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $310.22             $296.38
 Change =>                       1.09                0.67
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Current Index Reflects the Equivalent of 113,962 head of cattle.
SUPPLY (Live)  67,351 Hd
Equivalent:                   $309.12             $295.53
DEMAND (Box)   46,611 Hd*
Equivalent:                   $311.32             $297.23
Live-Box Spread:              ($2.20)             ($1.70)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $323.32
                  Weight   Price     Head      : Se 600-900#          $309.23
  Live Steer:          1535   $205.41    35,196: Current Lds:           109.2
  Live Heifer:         1384   $205.01    16,180: Previous Lds:          104.3
  Drsd Steer:           977   $324.87    11,712
  Drsd Heifer:          864   $324.19     4,263
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      Grading % Breakdown            :         Drop Credit      :       11.38
 Ch 600-900# :                 87.48%:         Steer Dressing % :      63.57%
 Ch 600-750# :                 35.36%:         Heifer Dressing %:      63.54%
 Ch 750-900# :                 52.12%:         Processing Cost  :       12.00
 Se 600-900# :                 12.52%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.27%:
 Se 750-900# :                  9.25%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 310.22                       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            17.98   $298.91   $311.09   $328.20   $325.16   $312.75
 Certified 1-3         5.30   $286.23   $298.41   $315.52   $312.48   $300.07
 Choice 1              3.35   $284.28   $296.46   $313.57   $310.53   $298.12
 Select 1             -9.73   $271.20   $283.38   $300.49   $297.45   $285.04
 Stndrd 1-3          -32.91   $248.02   $260.20   $277.31   $274.27   $261.86
 Prime 4               4.23   $285.16   $297.34   $314.45   $311.41   $299.00
 Choice 4            -12.45   $268.48   $280.66   $297.77   $294.73   $282.32
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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