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USDA Carcass Price Equivalent Index 07/02 19:11
07/02/2026 | 7:12 pm CDT

USDA Carcass Price Equivalent Index 07/02 19:11

By 
NW_LS410
Des Moines, IA     Thu, Jul 02, 2026     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

**In observation of the Federal holiday, this report will not be issued on July 
3rd, 2026.**

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $381.43             $361.15
 Change =>                      -3.14               -2.17
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 101,043 head of cattle.
SUPPLY (Live)  63,928 Hd
Equivalent:                   $387.79             $366.87
DEMAND (Box)   37,115 Hd*
Equivalent:                   $375.07             $355.43
Live-Box Spread:              $12.72              $11.44
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $387.07
                  Weight   Price     Head      : Se 600-900#          $367.43
  Live Steer:          1524   $257.80    28,942: Current Lds:           111.6
  Live Heifer:         1364   $257.46    10,574: Previous Lds:          113.1
  Drsd Steer:          1020   $405.17    19,873
  Drsd Heifer:          904   $405.99     4,539
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       14.17
 Ch 600-900# :                 86.77%:         Steer Dressing % :      63.88%
 Ch 600-750# :                 35.07%:         Heifer Dressing %:      63.78%
 Ch 750-900# :                 51.70%:         Processing Cost  :       12.00
 Se 600-900# :                 13.23%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.45%:
 Se 750-900# :                  9.78%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 381.43                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -29.29    -17.11               -2.68    -15.45
-----------------------------------------------------------------------------
 Prime 1-3            12.05   $364.19   $376.37   $393.48   $390.80   $378.03
 Certified 1-3         5.68   $357.82   $370.00   $387.11   $384.43   $371.66
 Choice 1              3.35   $355.49   $367.67   $384.78   $382.10   $369.33
 Select 1            -17.10   $335.04   $347.22   $364.33   $361.65   $348.88
 Stndrd 1-3          -35.84   $316.30   $328.48   $345.59   $342.91   $330.14
 Prime 4              -2.07   $350.07   $362.25   $379.36   $376.68   $363.91
 Choice 4            -12.82   $339.32   $351.50   $368.61   $365.93   $353.16
-----------------------------------------------------------------------------
*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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