USDA Carcass Price Equivalent Index 01/22 17:56

NW_LS410
Des Moines, IA     Thu, Jan 22, 2026     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $354.46             $347.20
 Change =>                       0.84               -0.19
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Current Index Reflects the Equivalent of 97,641 head of cattle.
SUPPLY (Live)  58,650 Hd
Equivalent:                   $353.47             $344.67
DEMAND (Box)   38,991 Hd*
Equivalent:                   $355.45             $349.73
Live-Box Spread:              ($1.98)             ($5.06)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $367.45
                  Weight   Price     Head      : Se 600-900#          $361.73
  Live Steer:          1568   $232.46    29,359: Current Lds:            95.3
  Live Heifer:         1406   $232.38    17,349: Previous Lds:          137.8
  Drsd Steer:          1003   $364.51     9,186
  Drsd Heifer:          900   $364.78     2,756
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      Grading % Breakdown            :         Drop Credit      :       11.56
 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 = 354.46                       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   $339.93   $352.11   $369.22   $366.54   $353.77
 Certified 1-3         5.43   $330.60   $342.78   $359.89   $357.21   $344.44
 Choice 1              3.35   $328.52   $340.70   $357.81   $355.13   $342.36
 Select 1             -4.92   $320.25   $332.43   $349.54   $346.86   $334.09
 Stndrd 1-3          -31.70   $293.47   $305.65   $322.76   $320.08   $307.31
 Prime 4               0.64   $325.81   $337.99   $355.10   $352.42   $339.65
 Choice 4            -12.82   $312.35   $324.53   $341.64   $338.96   $326.19
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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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