Carcass Price Equivalent Index Value (Beef)
NW_LS410
Des Moines, IA Fri, Dec 27, 2024 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $302.78 $271.94
Change => 0.69 0.87
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Current Index Reflects the Equivalent of 67,098 head of cattle.
SUPPLY (Live) 21,432 Hd
Equivalent: $295.18 $264.76
DEMAND (Box) 45,666 Hd*
Equivalent: $310.38 $279.13
Live-Box Spread: ($15.20) ($14.37)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $322.38
Weight Price Head : Se 600-900# $291.13
Live Steer: 1520 $194.26 14,910: Current Lds: 87.3
Live Heifer: 1363 $193.40 4,292: Previous Lds: 186.2
Drsd Steer: 986 $306.61 1,796
Drsd Heifer: 882 $305.00 434
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Grading % Breakdown : Drop Credit : 11.30
Ch 600-900# : 87.55%: Steer Dressing % : 63.30%
Ch 600-750# : 35.39%: Heifer Dressing %: 63.27%
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 = 302.78 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 18.41 $291.90 $304.08 $321.19 $318.15 $305.74
Certified 1-3 5.55 $279.04 $291.22 $308.33 $305.29 $292.88
Choice 1 3.35 $276.84 $289.02 $306.13 $303.09 $290.68
Select 1 -26.65 $246.84 $259.02 $276.13 $273.09 $260.68
Stndrd 1-3 -40.34 $233.15 $245.33 $262.44 $259.40 $246.99
Prime 4 4.66 $278.15 $290.33 $307.44 $304.40 $291.99
Choice 4 -12.45 $261.04 $273.22 $290.33 $287.29 $274.88
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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