USDA Carcass Price Equivalent Index 10/29 15:26

NW_LS410
Des Moines, IA     Wed, Oct 29, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $362.92             $343.55
 Change =>                       0.47                0.50
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Current Index Reflects the Equivalent of 138,607 head of cattle.
SUPPLY (Live)  91,648 Hd
Equivalent:                   $356.45             $337.30
DEMAND (Box)   46,959 Hd*
Equivalent:                   $369.38             $349.79
Live-Box Spread:             ($12.93)            ($12.49)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $381.38
                  Weight   Price     Head      : Se 600-900#          $361.79
  Live Steer:          1569   $235.60    47,936: Current Lds:           136.6
  Live Heifer:         1373   $235.27    17,178: Previous Lds:          122.5
  Drsd Steer:          1016   $364.56    20,300
  Drsd Heifer:          897   $362.93     6,234
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      Grading % Breakdown            :         Drop Credit      :       11.29
 Ch 600-900# :                 86.93%:         Steer Dressing % :      63.67%
 Ch 600-750# :                 35.14%:         Heifer Dressing %:      63.65%
 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 = 362.92                       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   $353.61   $365.79   $382.90   $380.22   $367.45
 Certified 1-3         5.80   $339.43   $351.61   $368.72   $366.04   $353.27
 Choice 1              3.35   $336.98   $349.16   $366.27   $363.59   $350.82
 Select 1            -15.32   $318.31   $330.49   $347.60   $344.92   $332.15
 Stndrd 1-3          -36.13   $297.50   $309.68   $326.79   $324.11   $311.34
 Prime 4               5.86   $339.49   $351.67   $368.78   $366.10   $353.33
 Choice 4            -12.82   $320.81   $332.99   $350.10   $347.42   $334.65
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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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