USDA Carcass Price Equivalent Index 03/12 15:51

NW_LS410  ***Corrected Report***
Des Moines, IA     Thu, Mar 12, 2026     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $372.45*            $363.73*
 Change =>                      -0.53*               0.06*
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Current Index Reflects the Equivalent of 119,218 head of cattle.
SUPPLY (Live)  88,658 Hd
Equivalent:                   $359.81             $348.65
DEMAND (Box)   30,560 Hd*
Equivalent:                   $385.09             $378.82
Live-Box Spread:             ($25.28)            ($30.17)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $397.09*
                  Weight   Price     Head      : Se 600-900#          $390.82*
  Live Steer:          1590   $238.70    43,012: Current Lds:           114.4*
  Live Heifer:         1406   $238.60    18,948: Previous Lds:           86.6
  Drsd Steer:          1025   $376.42    21,398
  Drsd Heifer:          911   $378.05     5,300
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      Grading % Breakdown            :         Drop Credit      :       12.21
 Ch 600-900# :                 86.61%:         Steer Dressing % :      63.49%
 Ch 600-750# :                 35.01%:         Heifer Dressing %:      63.39%
 Ch 750-900# :                 51.60%:         Processing Cost  :       12.00
 Se 600-900# :                 13.39%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.50%:
 Se 750-900# :                  9.89%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 372.45                       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            13.26  *$356.42   $368.60   $385.71   $383.03   $370.26
 Certified 1-3         6.05   $349.21   $361.39   $378.50   $375.82   $363.05
 Choice 1              3.35   $346.51   $358.69   $375.80   $373.12   $360.35
 Select 1             -7.29   $335.87   $348.05   $365.16   $362.48   $349.71
 Stndrd 1-3          -32.20   $310.96   $323.14   $340.25   $337.57   $324.80
 Prime 4              -0.86   $342.30   $354.48   $371.59   $368.91   $356.14
 Choice 4            -12.82   $330.34   $342.52   $359.63   $356.95   $344.18*
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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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