NW_LS410 Des Moines, IA Tue, Dec 17, 2024 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $299.08 $270.18 Change => -0.81 -0.47 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 105,275 head of cattle. SUPPLY (Live) 60,549 Hd Equivalent: $294.53 $263.86 DEMAND (Box) 44,726 Hd* Equivalent: $303.63 $276.50 Live-Box Spread: ($9.10) ($12.64) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $315.63 Weight Price Head : Se 600-900# $288.50 Live Steer: 1535 $194.31 37,258: Current Lds: 111.9 Live Heifer: 1360 $194.13 13,675: Previous Lds: 104.4 Drsd Steer: 988 $304.01 7,991 Drsd Heifer: 866 $302.75 1,625 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.44 Ch 600-900# : 87.55%: Steer Dressing % : 63.38% Ch 600-750# : 35.39%: Heifer Dressing %: 63.34% 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 = 299.08 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 $288.05 $300.23 $317.34 $314.30 $301.89 Certified 1-3 5.55 $275.34 $287.52 $304.63 $301.59 $289.18 Choice 1 3.35 $273.14 $285.32 $302.43 $299.39 $286.98 Select 1 -26.90 $242.89 $255.07 $272.18 $269.14 $256.73 Stndrd 1-3 -40.56 $229.23 $241.41 $258.52 $255.48 $243.07 Prime 4 4.51 $274.30 $286.48 $303.59 $300.55 $288.14 Choice 4 -12.45 $257.34 $269.52 $286.63 $283.59 $271.18 ----------------------------------------------------------------------------- *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