USDA Carcass Price Equivalent Index 06/25 15:31

NW_LS410
Des Moines, IA     Thu, Jun 25, 2026     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $387.75             $366.95
 Change =>                      -1.20               -1.59
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Current Index Reflects the Equivalent of 79,122 head of cattle.
SUPPLY (Live)  45,587 Hd
Equivalent:                   $391.18             $371.15
DEMAND (Box)   33,535 Hd*
Equivalent:                   $384.32             $362.74
Live-Box Spread:               $6.86               $8.41
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $396.32
                  Weight   Price     Head      : Se 600-900#          $374.74
  Live Steer:          1540   $259.33    28,521: Current Lds:            97.4
  Live Heifer:         1385   $259.35    10,800: Previous Lds:           97.8
  Drsd Steer:          1007   $406.84     4,741
  Drsd Heifer:          919   $406.63     1,525
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      Grading % Breakdown            :         Drop Credit      :       14.14
 Ch 600-900# :                 86.74%:         Steer Dressing % :      63.53%
 Ch 600-750# :                 35.06%:         Heifer Dressing %:      63.54%
 Ch 750-900# :                 51.68%:         Processing Cost  :       12.00
 Se 600-900# :                 13.26%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.46%:
 Se 750-900# :                  9.79%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 387.75                       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            12.05   $370.51   $382.69   $399.80   $397.12   $384.35
 Certified 1-3         5.68   $364.14   $376.32   $393.43   $390.75   $377.98
 Choice 1              3.35   $361.81   $373.99   $391.10   $388.42   $375.65
 Select 1            -16.20   $342.26   $354.44   $371.55   $368.87   $356.10
 Stndrd 1-3          -35.27   $323.19   $335.37   $352.48   $349.80   $337.03
 Prime 4              -2.07   $356.39   $368.57   $385.68   $383.00   $370.23
 Choice 4            -12.82   $345.64   $357.82   $374.93   $372.25   $359.48
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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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