USDA Carcass Price Equivalent Index 10/24 15:36

NW_LS410
Des Moines, IA     Fri, Oct 24, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $363.38             $344.53
 Change =>                       0.89                1.18
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Current Index Reflects the Equivalent of 110,184 head of cattle.
SUPPLY (Live)  63,930 Hd
Equivalent:                   $362.99             $343.10
DEMAND (Box)   46,254 Hd*
Equivalent:                   $363.76             $345.97
Live-Box Spread:              ($0.77)             ($2.87)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $375.76
                  Weight   Price     Head      : Se 600-900#          $357.97
  Live Steer:          1549   $239.71    38,349: Current Lds:           133.5
  Live Heifer:         1368   $239.72    14,961: Previous Lds:          116.9
  Drsd Steer:          1013   $371.38     8,664
  Drsd Heifer:          892   $371.36     1,956
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      Grading % Breakdown            :         Drop Credit      :       11.32
 Ch 600-900# :                 86.75%:         Steer Dressing % :      63.57%
 Ch 600-750# :                 35.06%:         Heifer Dressing %:      63.52%
 Ch 750-900# :                 51.68%:         Processing Cost  :       12.00
 Se 600-900# :                 13.25%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.46%:
 Se 750-900# :                  9.79%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 363.38                       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            20.05   $354.14   $366.32   $383.43   $380.75   $367.98
 Certified 1-3         5.93   $340.02   $352.20   $369.31   $366.63   $353.86
 Choice 1              3.35   $337.44   $349.62   $366.73   $364.05   $351.28
 Select 1            -16.07   $318.02   $330.20   $347.31   $344.63   $331.86
 Stndrd 1-3          -36.84   $297.25   $309.43   $326.54   $323.86   $311.09
 Prime 4               5.93   $340.02   $352.20   $369.31   $366.63   $353.86
 Choice 4            -12.82   $321.27   $333.45   $350.56   $347.88   $335.11
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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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