USDA Carcass Price Equivalent Index 12/22 15:26

NW_LS410
Des Moines, IA     Mon, Dec 22, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $349.30             $335.50
 Change =>                       0.34                2.60
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Current Index Reflects the Equivalent of 69,082 head of cattle.
SUPPLY (Live)  28,265 Hd
Equivalent:                   $347.73             $332.32
DEMAND (Box)   40,817 Hd*
Equivalent:                   $350.87             $338.69
Live-Box Spread:              ($3.14)             ($6.37)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $362.87
                  Weight   Price     Head      : Se 600-900#          $350.69
  Live Steer:          1589   $228.15    12,132: Current Lds:            67.8
  Live Heifer:         1404   $227.98     6,048: Previous Lds:           98.1
  Drsd Steer:           996   $356.87     8,209
  Drsd Heifer:          873   $357.01     1,876
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      Grading % Breakdown            :         Drop Credit      :       11.76
 Ch 600-900# :                 87.03%:         Steer Dressing % :      63.20%
 Ch 600-750# :                 35.18%:         Heifer Dressing %:      62.90%
 Ch 750-900# :                 51.85%:         Processing Cost  :       12.00
 Se 600-900# :                 12.97%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.39%:
 Se 750-900# :                  9.59%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 349.30                       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            16.55   $336.56   $348.74   $365.85   $363.17   $350.40
 Certified 1-3         5.74   $325.75   $337.93   $355.04   $352.36   $339.59
 Choice 1              3.35   $323.36   $335.54   $352.65   $349.97   $337.20
 Select 1            -11.57   $308.44   $320.62   $337.73   $335.05   $322.28
 Stndrd 1-3          -34.27   $285.74   $297.92   $315.03   $312.35   $299.58
 Prime 4               2.43   $322.44   $334.62   $351.73   $349.05   $336.28
 Choice 4            -12.82   $307.19   $319.37   $336.48   $333.80   $321.03
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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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