NW_LS410 ***Correction on load count*** Des Moines, IA Mon, Mar 24, 2025 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $317.43 $302.83 Change => 6.13 6.24 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 116,127 head of cattle. SUPPLY (Live) 75,486 Hd Equivalent: $319.75 $304.08 DEMAND (Box) 40,641 Hd* Equivalent: $315.10 $301.58 Live-Box Spread: $4.65 $2.50 ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $327.10 Weight Price Head : Se 600-900# $313.58 Live Steer: 1533 $212.59 42,454: Current Lds: *78.6* Live Heifer: 1384 $212.43 19,963: Previous Lds: 123.6 Drsd Steer: 984 $335.12 11,063 Drsd Heifer: 874 $335.20 2,006 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 11.43 Ch 600-900# : 87.52%: Steer Dressing % : 63.83% Ch 600-750# : 35.38%: Heifer Dressing %: 63.76% Ch 750-900# : 52.14%: Processing Cost : 12.00 Se 600-900# : 12.48%: Slaughter Cost : 50.50 Se 600-750# : 3.26%: Se 750-900# : 9.22%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 317.43 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 17.84 $305.98 $318.16 $335.27 $332.23 $319.82 Certified 1-3 5.30 $293.44 $305.62 $322.73 $319.69 $307.28 Choice 1 3.35 $291.49 $303.67 $320.78 $317.74 $305.33 Select 1 -11.82 $276.32 $288.50 $305.61 $302.57 $290.16 Stndrd 1-3 -34.06 $254.08 $266.26 $283.37 $280.33 $267.92 Prime 4 4.09 $292.23 $304.41 $321.52 $318.48 $306.07 Choice 4 -12.45 $275.69 $287.87 $304.98 $301.94 $289.53 ----------------------------------------------------------------------------- *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