Carcass Price Equivalent Index Value (Beef)
NW_LS410
Des Moines, IA Tue, Feb 04, 2025 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $317.51 $302.32
Change => -0.71 -1.29
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 90,989 head of cattle.
SUPPLY (Live) 47,274 Hd
Equivalent: $316.29 $299.22
DEMAND (Box) 43,715 Hd*
Equivalent: $318.73 $305.41
Live-Box Spread: ($2.44) ($6.19)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $330.73
Weight Price Head : Se 600-900# $317.41
Live Steer: 1514 $209.67 24,353: Current Lds: 105.5
Live Heifer: 1344 $209.34 10,954: Previous Lds: 88.6
Drsd Steer: 980 $329.15 9,940
Drsd Heifer: 852 $329.05 2,027
-----------------------------------------------------------------------------
Grading % Breakdown : Drop Credit : 11.63
Ch 600-900# : 87.54%: Steer Dressing % : 63.41%
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 = 317.51 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 $307.70 $319.88 $336.99 $333.95 $321.54
Certified 1-3 5.93 $294.15 $306.33 $323.44 $320.40 $307.99
Choice 1 3.35 $291.57 $303.75 $320.86 $317.82 $305.41
Select 1 -13.23 $274.99 $287.17 $304.28 $301.24 $288.83
Stndrd 1-3 -35.49 $252.73 $264.91 $282.02 $278.98 $266.57
Prime 4 5.73 $293.95 $306.13 $323.24 $320.20 $307.79
Choice 4 -12.45 $275.77 $287.95 $305.06 $302.02 $289.61
-----------------------------------------------------------------------------
*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