USDA Carcass Price Equivalent Index 01/26 15:26

NW_LS410
Des Moines, IA     Mon, Jan 26, 2026     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $356.86             $351.39
 Change =>                       1.70                3.89
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 102,219 head of cattle.
SUPPLY (Live)  59,449 Hd
Equivalent:                   $356.83             $347.66
DEMAND (Box)   42,770 Hd*
Equivalent:                   $356.90             $355.12
Live-Box Spread:              ($0.07)             ($7.46)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $368.90
                  Weight   Price     Head      : Se 600-900#          $367.12
  Live Steer:          1580   $234.74    33,115: Current Lds:            96.9
  Live Heifer:         1408   $234.55    13,816: Previous Lds:          122.8
  Drsd Steer:          1000   $368.75     9,869
  Drsd Heifer:          891   $369.34     2,649
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.70
 Ch 600-900# :                 86.91%:         Steer Dressing % :      63.35%
 Ch 600-750# :                 35.13%:         Heifer Dressing %:      63.28%
 Ch 750-900# :                 51.78%:         Processing Cost  :       12.00
 Se 600-900# :                 13.09%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.42%:
 Se 750-900# :                  9.67%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 356.86                       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            14.62   $342.19   $354.37   $371.48   $368.80   $356.03
 Certified 1-3         5.55   $333.12   $345.30   $362.41   $359.73   $346.96
 Choice 1              3.35   $330.92   $343.10   $360.21   $357.53   $344.76
 Select 1             -5.29   $322.28   $334.46   $351.57   $348.89   $336.12
 Stndrd 1-3          -31.27   $296.30   $308.48   $325.59   $322.91   $310.14
 Prime 4               0.50   $328.07   $340.25   $357.36   $354.68   $341.91
 Choice 4            -12.82   $314.75   $326.93   $344.04   $341.36   $328.59
-----------------------------------------------------------------------------
*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

[0600059D]