USDA Carcass Price Equivalent Index 01/20 15:31

NW_LS410
Des Moines, IA     Tue, Jan 20, 2026     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $352.97             $346.10
 Change =>                       0.19               -0.28
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Current Index Reflects the Equivalent of 100,292 head of cattle.
SUPPLY (Live)  57,804 Hd
Equivalent:                   $353.17             $344.37
DEMAND (Box)   42,488 Hd*
Equivalent:                   $352.76             $347.84
Live-Box Spread:               $0.41              ($3.47)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $364.76
                  Weight   Price     Head      : Se 600-900#          $359.84
  Live Steer:          1567   $232.47    28,633: Current Lds:           117.5
  Live Heifer:         1407   $232.39    17,266: Previous Lds:           81.7
  Drsd Steer:          1004   $364.52     9,149
  Drsd Heifer:          900   $364.78     2,756
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      Grading % Breakdown            :         Drop Credit      :       11.75
 Ch 600-900# :                 86.89%:         Steer Dressing % :      63.33%
 Ch 600-750# :                 35.12%:         Heifer Dressing %:      63.23%
 Ch 750-900# :                 51.77%:         Processing Cost  :       12.00
 Se 600-900# :                 13.11%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.42%:
 Se 750-900# :                  9.69%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 352.97                       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            14.76   $338.44   $350.62   $367.73   $365.05   $352.28
 Certified 1-3         5.43   $329.11   $341.29   $358.40   $355.72   $342.95
 Choice 1              3.35   $327.03   $339.21   $356.32   $353.64   $340.87
 Select 1             -4.92   $318.76   $330.94   $348.05   $345.37   $332.60
 Stndrd 1-3          -31.70   $291.98   $304.16   $321.27   $318.59   $305.82
 Prime 4               0.64   $324.32   $336.50   $353.61   $350.93   $338.16
 Choice 4            -12.82   $310.86   $323.04   $340.15   $337.47   $324.70
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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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