Carcass Price Equivalent Index Value (Beef)
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
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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
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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%:
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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
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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
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*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