USDA Carcass Price Equivalent Index 01/21 15:31

NW_LS410
Des Moines, IA     Wed, Jan 21, 2026     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $353.62             $347.39
 Change =>                       0.65                1.29
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Current Index Reflects the Equivalent of 101,688 head of cattle.
SUPPLY (Live)  58,574 Hd
Equivalent:                   $353.13             $344.33
DEMAND (Box)   43,114 Hd*
Equivalent:                   $354.11             $350.45
Live-Box Spread:              ($0.98)             ($6.12)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $366.11
                  Weight   Price     Head      : Se 600-900#          $362.45
  Live Steer:          1568   $232.46    29,328: Current Lds:           137.8
  Live Heifer:         1406   $232.40    17,341: Previous Lds:          117.5
  Drsd Steer:          1004   $364.52     9,149
  Drsd Heifer:          900   $364.78     2,756
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      Grading % Breakdown            :         Drop Credit      :       11.78
 Ch 600-900# :                 86.89%:         Steer Dressing % :      63.32%
 Ch 600-750# :                 35.12%:         Heifer Dressing %:      63.23%
 Ch 750-900# :                 51.77%:         Processing Cost  :       12.00
 Se 600-900# :                 13.11%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.42%:
 Se 750-900# :                  9.69%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 353.62                       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            14.76   $339.09   $351.27   $368.38   $365.70   $352.93
 Certified 1-3         5.43   $329.76   $341.94   $359.05   $356.37   $343.60
 Choice 1              3.35   $327.68   $339.86   $356.97   $354.29   $341.52
 Select 1             -4.92   $319.41   $331.59   $348.70   $346.02   $333.25
 Stndrd 1-3          -31.70   $292.63   $304.81   $321.92   $319.24   $306.47
 Prime 4               0.64   $324.97   $337.15   $354.26   $351.58   $338.81
 Choice 4            -12.82   $311.51   $323.69   $340.80   $338.12   $325.35
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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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