NW_LS410 Des Moines, IA Fri, Dec 27, 2024 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $302.78 $271.94 Change => 0.69 0.87 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 67,098 head of cattle. SUPPLY (Live) 21,432 Hd Equivalent: $295.18 $264.76 DEMAND (Box) 45,666 Hd* Equivalent: $310.38 $279.13 Live-Box Spread: ($15.20) ($14.37) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $322.38 Weight Price Head : Se 600-900# $291.13 Live Steer: 1520 $194.26 14,910: Current Lds: 87.3 Live Heifer: 1363 $193.40 4,292: Previous Lds: 186.2 Drsd Steer: 986 $306.61 1,796 Drsd Heifer: 882 $305.00 434 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.30 Ch 600-900# : 87.55%: Steer Dressing % : 63.30% Ch 600-750# : 35.39%: Heifer Dressing %: 63.27% 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 = 302.78 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 $291.90 $304.08 $321.19 $318.15 $305.74 Certified 1-3 5.55 $279.04 $291.22 $308.33 $305.29 $292.88 Choice 1 3.35 $276.84 $289.02 $306.13 $303.09 $290.68 Select 1 -26.65 $246.84 $259.02 $276.13 $273.09 $260.68 Stndrd 1-3 -40.34 $233.15 $245.33 $262.44 $259.40 $246.99 Prime 4 4.66 $278.15 $290.33 $307.44 $304.40 $291.99 Choice 4 -12.45 $261.04 $273.22 $290.33 $287.29 $274.88 ----------------------------------------------------------------------------- *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