NW_LS410
Des Moines, IA     Fri, Apr 04, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $323.11             $303.89
 Change =>                      -0.15               -0.52
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 111,697 head of cattle.
SUPPLY (Live)  69,473 Hd
Equivalent:                   $319.76             $302.60
DEMAND (Box)   42,224 Hd*
Equivalent:                   $326.45             $305.18
Live-Box Spread:              ($6.69)             ($2.58)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $338.45
                  Weight   Price     Head      : Se 600-900#          $317.18
  Live Steer:          1517   $212.19    33,575: Current Lds:           102.3
  Live Heifer:         1377   $211.95    17,500: Previous Lds:          131.3
  Drsd Steer:           979   $338.01    13,729
  Drsd Heifer:          870   $337.23     4,669
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.79
 Ch 600-900# :                 87.40%:         Steer Dressing % :      63.55%
 Ch 600-750# :                 35.33%:         Heifer Dressing %:      63.46%
 Ch 750-900# :                 52.07%:         Processing Cost  :       12.00
 Se 600-900# :                 12.60%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.29%:
 Se 750-900# :                  9.31%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 323.11                       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            17.34   $311.16   $323.34   $340.45   $337.41   $325.00
 Certified 1-3         5.55   $299.37   $311.55   $328.66   $325.62   $313.21
 Choice 1              3.35   $297.17   $309.35   $326.46   $323.42   $311.01
 Select 1            -13.32   $280.50   $292.68   $309.79   $306.75   $294.34
 Stndrd 1-3          -34.70   $259.12   $271.30   $288.41   $285.37   $272.96
 Prime 4               3.59   $297.41   $309.59   $326.70   $323.66   $311.25
 Choice 4            -12.45   $281.37   $293.55   $310.66   $307.62   $295.21
-----------------------------------------------------------------------------
*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