USDA Carcass Price Equivalent Index 11/06 15:31

NW_LS410
Des Moines, IA     Thu, Nov 06, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $357.67             $339.24
 Change =>                      -1.63               -1.23
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Current Index Reflects the Equivalent of 108,263 head of cattle.
SUPPLY (Live)  62,889 Hd
Equivalent:                   $349.36             $329.71
DEMAND (Box)   45,374 Hd*
Equivalent:                   $365.97             $348.76
Live-Box Spread:             ($16.61)            ($19.05)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $377.97
                  Weight   Price     Head      : Se 600-900#          $360.76
  Live Steer:          1564   $230.04    34,448: Current Lds:           129.5
  Live Heifer:         1379   $229.83    12,533: Previous Lds:          116.6
  Drsd Steer:          1030   $358.42    13,335
  Drsd Heifer:          882   $359.06     2,573
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      Grading % Breakdown            :         Drop Credit      :       11.40
 Ch 600-900# :                 86.93%:         Steer Dressing % :      63.53%
 Ch 600-750# :                 35.14%:         Heifer Dressing %:      63.39%
 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 = 357.67                       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            19.62   $348.00   $360.18   $377.29   $374.61   $361.84
 Certified 1-3         5.80   $334.18   $346.36   $363.47   $360.79   $348.02
 Choice 1              3.35   $331.73   $343.91   $361.02   $358.34   $345.57
 Select 1            -15.82   $312.56   $324.74   $341.85   $339.17   $326.40
 Stndrd 1-3          -36.41   $291.97   $304.15   $321.26   $318.58   $305.81
 Prime 4               5.50   $333.88   $346.06   $363.17   $360.49   $347.72
 Choice 4            -12.82   $315.56   $327.74   $344.85   $342.17   $329.40
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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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