USDA Carcass Price Equivalent Index 10/31 15:46
10/31/2025 | 3:46 pm CDT USDA Carcass Price Equivalent Index 10/31 15:46
NW_LS410
Des Moines, IA Fri, Oct 31, 2025 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $360.40 $341.09
Change => -0.30 -0.66
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Current Index Reflects the Equivalent of 124,454 head of cattle.
SUPPLY (Live) 80,048 Hd
Equivalent: $354.68 $335.53
DEMAND (Box) 44,406 Hd*
Equivalent: $366.13 $346.65
Live-Box Spread: ($11.45) ($11.12)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $378.13
Weight Price Head : Se 600-900# $358.65
Live Steer: 1575 $234.65 42,404: Current Lds: 114.8
Live Heifer: 1372 $234.31 14,664: Previous Lds: 101.5
Drsd Steer: 1018 $363.07 17,438
Drsd Heifer: 896 $362.03 5,542
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Grading % Breakdown : Drop Credit : 11.40
Ch 600-900# : 86.93%: Steer Dressing % : 63.70%
Ch 600-750# : 35.14%: Heifer Dressing %: 63.69%
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 = 360.40 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 $351.09 $363.27 $380.38 $377.70 $364.93
Certified 1-3 5.80 $336.91 $349.09 $366.20 $363.52 $350.75
Choice 1 3.35 $334.46 $346.64 $363.75 $361.07 $348.30
Select 1 -15.32 $315.79 $327.97 $345.08 $342.40 $329.63
Stndrd 1-3 -36.13 $294.98 $307.16 $324.27 $321.59 $308.82
Prime 4 5.86 $336.97 $349.15 $366.26 $363.58 $350.81
Choice 4 -12.82 $318.29 $330.47 $347.58 $344.90 $332.13
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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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