USDA Carcass Price Equivalent Index 05/14 15:26

NW_LS410
Des Moines, IA     Thu, May 14, 2026     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $382.53             $379.54
 Change =>                       0.11                0.94
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Current Index Reflects the Equivalent of 162,198 head of cattle.
SUPPLY (Live)  122,046 Hd
Equivalent:                   $389.61             $382.07
DEMAND (Box)   40,152 Hd*
Equivalent:                   $375.45             $377.00
Live-Box Spread:              $14.16               $5.07
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $387.45
                  Weight   Price     Head      : Se 600-900#          $389.00
  Live Steer:          1557   $260.07    63,842: Current Lds:            99.0
  Live Heifer:         1386   $259.86    26,437: Previous Lds:          117.8
  Drsd Steer:          1017   $405.61    25,873
  Drsd Heifer:          904   $407.47     5,894
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      Grading % Breakdown            :         Drop Credit      :       14.70
 Ch 600-900# :                 86.80%:         Steer Dressing % :      63.50%
 Ch 600-750# :                 35.09%:         Heifer Dressing %:      63.37%
 Ch 750-900# :                 51.71%:         Processing Cost  :       12.00
 Se 600-900# :                 13.20%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.45%:
 Se 750-900# :                  9.75%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 382.53                       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            13.19   $366.43   $378.61   $395.72   $393.04   $380.27
 Certified 1-3         5.55   $358.79   $370.97   $388.08   $385.40   $372.63
 Choice 1              3.35   $356.59   $368.77   $385.88   $383.20   $370.43
 Select 1             -3.65   $349.59   $361.77   $378.88   $376.20   $363.43
 Stndrd 1-3          -30.84   $322.40   $334.58   $351.69   $349.01   $336.24
 Prime 4              -0.93   $352.31   $364.49   $381.60   $378.92   $366.15
 Choice 4            -12.82   $340.42   $352.60   $369.71   $367.03   $354.26
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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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