NW_LS410 Des Moines, IA Mon, Feb 03, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $318.22 $303.61 Change => 1.74 1.05 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 92,249 head of cattle. SUPPLY (Live) 47,023 Hd Equivalent: $316.46 $299.39 DEMAND (Box) 45,226 Hd* Equivalent: $319.99 $307.84 Live-Box Spread: ($3.53) ($8.45) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $331.99 Weight Price Head : Se 600-900# $319.84 Live Steer: 1513 $209.60 24,443: Current Lds: 88.6 Live Heifer: 1344 $209.36 10,994: Previous Lds: 90.3 Drsd Steer: 981 $329.26 9,684 Drsd Heifer: 849 $329.32 1,902 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.53 Ch 600-900# : 87.54%: Steer Dressing % : 63.40% Ch 600-750# : 35.39%: Heifer Dressing %: 63.30% Ch 750-900# : 52.16%: Processing Cost : 12.00 Se 600-900# : 12.46%: Slaughter Cost : 50.50 Se 600-750# : 3.25%: Se 750-900# : 9.21%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 318.22 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 19.48 $308.41 $320.59 $337.70 $334.66 $322.25 Certified 1-3 5.93 $294.86 $307.04 $324.15 $321.11 $308.70 Choice 1 3.35 $292.28 $304.46 $321.57 $318.53 $306.12 Select 1 -13.23 $275.70 $287.88 $304.99 $301.95 $289.54 Stndrd 1-3 -35.49 $253.44 $265.62 $282.73 $279.69 $267.28 Prime 4 5.73 $294.66 $306.84 $323.95 $320.91 $308.50 Choice 4 -12.45 $276.48 $288.66 $305.77 $302.73 $290.32 ----------------------------------------------------------------------------- *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