NW_LS410 Des Moines, IA Wed, Dec 18, 2024 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $298.81 $268.83 Change => -0.27 -1.35 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 102,537 head of cattle. SUPPLY (Live) 57,932 Hd Equivalent: $294.79 $264.12 DEMAND (Box) 44,605 Hd* Equivalent: $302.84 $273.55 Live-Box Spread: ($8.05) ($9.43) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $314.84 Weight Price Head : Se 600-900# $285.55 Live Steer: 1542 $194.54 35,094: Current Lds: 120.0 Live Heifer: 1363 $194.42 12,617: Previous Lds: 111.9 Drsd Steer: 988 $304.03 8,111 Drsd Heifer: 872 $303.27 2,110 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.37 Ch 600-900# : 87.55%: Steer Dressing % : 63.40% Ch 600-750# : 35.39%: Heifer Dressing %: 63.39% 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 = 298.81 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 18.26 $287.78 $299.96 $317.07 $314.03 $301.62 Certified 1-3 5.55 $275.07 $287.25 $304.36 $301.32 $288.91 Choice 1 3.35 $272.87 $285.05 $302.16 $299.12 $286.71 Select 1 -26.90 $242.62 $254.80 $271.91 $268.87 $256.46 Stndrd 1-3 -40.56 $228.96 $241.14 $258.25 $255.21 $242.80 Prime 4 4.51 $274.03 $286.21 $303.32 $300.28 $287.87 Choice 4 -12.45 $257.07 $269.25 $286.36 $283.32 $270.91 ----------------------------------------------------------------------------- *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