USDA Carcass Price Equivalent Index 10/16 15:31

NW_LS410
Des Moines, IA     Thu, Oct 16, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $354.26             $335.10
 Change =>                      -0.18               -0.11
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Current Index Reflects the Equivalent of 96,035 head of cattle.
SUPPLY (Live)  43,819 Hd
Equivalent:                   $354.41             $333.27
DEMAND (Box)   52,216 Hd*
Equivalent:                   $354.11             $336.93
Live-Box Spread:               $0.30              ($3.66)
----------------------------  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#          $348.93
  Live Steer:          1552   $234.21    24,231: Current Lds:            98.6
  Live Heifer:         1371   $234.37    10,997: Previous Lds:          156.1
  Drsd Steer:          1012   $362.52     7,312
  Drsd Heifer:          895   $362.27     1,279
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      Grading % Breakdown            :         Drop Credit      :       11.16
 Ch 600-900# :                 86.89%:         Steer Dressing % :      63.92%
 Ch 600-750# :                 35.12%:         Heifer Dressing %:      63.85%
 Ch 750-900# :                 51.76%:         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 = 354.26                       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            18.55   $343.52   $355.70   $372.81   $370.13   $357.36
 Certified 1-3         5.80   $330.77   $342.95   $360.06   $357.38   $344.61
 Choice 1              3.35   $328.32   $340.50   $357.61   $354.93   $342.16
 Select 1            -17.32   $307.65   $319.83   $336.94   $334.26   $321.49
 Stndrd 1-3          -36.99   $287.98   $300.16   $317.27   $314.59   $301.82
 Prime 4               4.43   $329.40   $341.58   $358.69   $356.01   $343.24
 Choice 4            -12.82   $312.15   $324.33   $341.44   $338.76   $325.99
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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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