USDA Carcass Price Equivalent Index 01/15 15:31

NW_LS410
Des Moines, IA     Thu, Jan 15, 2026     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $349.59             $344.39
 Change =>                       1.15                1.07
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Current Index Reflects the Equivalent of 108,394 head of cattle.
SUPPLY (Live)  59,974 Hd
Equivalent:                   $350.42             $341.07
DEMAND (Box)   48,420 Hd*
Equivalent:                   $348.77             $347.71
Live-Box Spread:               $1.65              ($6.64)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $360.77
                  Weight   Price     Head      : Se 600-900#          $359.71
  Live Steer:          1565   $232.09    29,233: Current Lds:           150.3
  Live Heifer:         1401   $232.28    14,536: Previous Lds:          129.4
  Drsd Steer:          1006   $365.10    13,414
  Drsd Heifer:          897   $364.87     2,791
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      Grading % Breakdown            :         Drop Credit      :       11.64
 Ch 600-900# :                 86.53%:         Steer Dressing % :      63.65%
 Ch 600-750# :                 34.98%:         Heifer Dressing %:      63.54%
 Ch 750-900# :                 51.55%:         Processing Cost  :       12.00
 Se 600-900# :                 13.47%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.52%:
 Se 750-900# :                  9.95%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 349.59                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -29.29    -17.11               -2.68    -15.45
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 Prime 1-3            16.34   $336.64   $348.82   $365.93   $363.25   $350.48
 Certified 1-3         5.36   $325.66   $337.84   $354.95   $352.27   $339.50
 Choice 1              3.35   $323.65   $335.83   $352.94   $350.26   $337.49
 Select 1             -5.47   $314.83   $327.01   $344.12   $341.44   $328.67
 Stndrd 1-3          -31.84   $288.46   $300.64   $317.75   $315.07   $302.30
 Prime 4               2.22   $322.52   $334.70   $351.81   $349.13   $336.36
 Choice 4            -12.82   $307.48   $319.66   $336.77   $334.09   $321.32
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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

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