USDA Carcass Price Equivalent Index 10/28 15:31

NW_LS410
Des Moines, IA     Tue, Oct 28, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $362.45             $343.05
 Change =>                      -1.07               -2.78
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Current Index Reflects the Equivalent of 132,005 head of cattle.
SUPPLY (Live)  83,811 Hd
Equivalent:                   $357.25             $338.10
DEMAND (Box)   48,194 Hd*
Equivalent:                   $367.65             $348.00
Live-Box Spread:             ($10.40)             ($9.90)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $379.65
                  Weight   Price     Head      : Se 600-900#          $360.00
  Live Steer:          1568   $235.98    45,226: Current Lds:           122.5
  Live Heifer:         1374   $236.30    14,518: Previous Lds:          116.7
  Drsd Steer:          1017   $364.90    19,225
  Drsd Heifer:          902   $363.96     4,842
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      Grading % Breakdown            :         Drop Credit      :       11.29
 Ch 600-900# :                 86.93%:         Steer Dressing % :      63.66%
 Ch 600-750# :                 35.14%:         Heifer Dressing %:      63.62%
 Ch 750-900# :                 51.79%:         Processing Cost  :       12.00
 Se 600-900# :                 13.07%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.41%:
 Se 750-900# :                  9.66%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 362.45                       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            19.98   $353.14   $365.32   $382.43   $379.75   $366.98
 Certified 1-3         5.80   $338.96   $351.14   $368.25   $365.57   $352.80
 Choice 1              3.35   $336.51   $348.69   $365.80   $363.12   $350.35
 Select 1            -15.32   $317.84   $330.02   $347.13   $344.45   $331.68
 Stndrd 1-3          -36.13   $297.03   $309.21   $326.32   $323.64   $310.87
 Prime 4               5.86   $339.02   $351.20   $368.31   $365.63   $352.86
 Choice 4            -12.82   $320.34   $332.52   $349.63   $346.95   $334.18
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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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