USDA Carcass Price Equivalent Index 02/03 15:26

NW_LS410
Des Moines, IA     Tue, Feb 03, 2026     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $360.66             $354.15
 Change =>                       1.28                1.18
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 98,613 head of cattle.
SUPPLY (Live)  64,752 Hd
Equivalent:                   $362.60             $353.07
DEMAND (Box)   33,861 Hd*
Equivalent:                   $358.71             $355.23
Live-Box Spread:               $3.89              ($2.16)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $370.71
                  Weight   Price     Head      : Se 600-900#          $367.23
  Live Steer:          1570   $239.39    36,489: Current Lds:           117.6
  Live Heifer:         1399   $239.59    17,619: Previous Lds:           58.4
  Drsd Steer:          1023   $376.22     7,823
  Drsd Heifer:          896   $377.02     2,821
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.73
 Ch 600-900# :                 86.76%:         Steer Dressing % :      63.49%
 Ch 600-750# :                 35.07%:         Heifer Dressing %:      63.45%
 Ch 750-900# :                 51.69%:         Processing Cost  :       12.00
 Se 600-900# :                 13.24%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.46%:
 Se 750-900# :                  9.78%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 360.66                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -29.29    -17.11               -2.68    -15.45
-----------------------------------------------------------------------------
 Prime 1-3            13.76   $345.13   $357.31   $374.42   $371.74   $358.97
 Certified 1-3         5.80   $337.17   $349.35   $366.46   $363.78   $351.01
 Choice 1              3.35   $334.72   $346.90   $364.01   $361.33   $348.56
 Select 1             -5.65   $325.72   $337.90   $355.01   $352.33   $339.56
 Stndrd 1-3          -31.63   $299.74   $311.92   $329.03   $326.35   $313.58
 Prime 4              -0.36   $331.01   $343.19   $360.30   $357.62   $344.85
 Choice 4            -12.82   $318.55   $330.73   $347.84   $345.16   $332.39
-----------------------------------------------------------------------------
*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

[0600059D]