NW_LS410 Des Moines, IA Thu, Dec 05, 2024 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $293.22 $261.89 Change => -0.22 -0.27 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 105,844 head of cattle. SUPPLY (Live) 63,963 Hd Equivalent: $290.59 $258.68 DEMAND (Box) 41,881 Hd* Equivalent: $295.84 $265.10 Live-Box Spread: ($5.25) ($6.42) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $307.84 Weight Price Head : Se 600-900# $277.10 Live Steer: 1525 $190.09 37,975: Current Lds: 111.7 Live Heifer: 1370 $190.30 20,169: Previous Lds: 154.9 Drsd Steer: 978 $297.40 4,644 Drsd Heifer: 861 $294.89 1,175 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.45 Ch 600-900# : 87.64%: Steer Dressing % : 63.02% Ch 600-750# : 35.43%: Heifer Dressing %: 62.96% Ch 750-900# : 52.21%: Processing Cost : 12.00 Se 600-900# : 12.36%: Slaughter Cost : 50.50 Se 600-750# : 3.23%: Se 750-900# : 9.14%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 293.22 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 18.12 $282.05 $294.23 $311.34 $308.30 $295.89 Certified 1-3 5.68 $269.61 $281.79 $298.90 $295.86 $283.45 Choice 1 3.35 $267.28 $279.46 $296.57 $293.53 $281.12 Select 1 -28.15 $235.78 $247.96 $265.07 $262.03 $249.62 Stndrd 1-3 -40.91 $223.02 $235.20 $252.31 $249.27 $236.86 Prime 4 4.37 $268.30 $280.48 $297.59 $294.55 $282.14 Choice 4 -12.45 $251.48 $263.66 $280.77 $277.73 $265.32 ----------------------------------------------------------------------------- *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