USDA Carcass Price Equivalent Index 02/04 15:31

NW_LS410
Des Moines, IA     Wed, Feb 04, 2026     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $359.32             $351.59
 Change =>                      -1.34               -2.56
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Current Index Reflects the Equivalent of 99,760 head of cattle.
SUPPLY (Live)  64,784 Hd
Equivalent:                   $362.61             $353.09
DEMAND (Box)   34,976 Hd*
Equivalent:                   $356.02             $350.09
Live-Box Spread:               $6.59               $3.00
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $368.02
                  Weight   Price     Head      : Se 600-900#          $362.09
  Live Steer:          1570   $239.40    36,455: Current Lds:           100.7
  Live Heifer:         1399   $239.60    17,721: Previous Lds:          117.6
  Drsd Steer:          1023   $376.26     7,787
  Drsd Heifer:          896   $377.02     2,821
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      Grading % Breakdown            :         Drop Credit      :       11.73
 Ch 600-900# :                 86.76%:         Steer Dressing % :      63.49%
 Ch 600-750# :                 35.07%:         Heifer Dressing %:      63.45%
 Ch 750-900# :                 51.69%:         Processing Cost  :       12.00
 Se 600-900# :                 13.24%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.46%:
 Se 750-900# :                  9.78%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 359.32                       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            13.76   $343.79   $355.97   $373.08   $370.40   $357.63
 Certified 1-3         5.80   $335.83   $348.01   $365.12   $362.44   $349.67
 Choice 1              3.35   $333.38   $345.56   $362.67   $359.99   $347.22
 Select 1             -5.65   $324.38   $336.56   $353.67   $350.99   $338.22
 Stndrd 1-3          -31.63   $298.40   $310.58   $327.69   $325.01   $312.24
 Prime 4              -0.36   $329.67   $341.85   $358.96   $356.28   $343.51
 Choice 4            -12.82   $317.21   $329.39   $346.50   $343.82   $331.05
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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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