USDA Carcass Price Equivalent Index 06/23 15:31

NW_LS410
Des Moines, IA     Mon, Jun 23, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $369.00             $357.32
 Change =>                      -0.94                1.00
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 76,462 head of cattle.
SUPPLY (Live)  42,665 Hd
Equivalent:                   $359.78             $343.53
DEMAND (Box)   33,797 Hd*
Equivalent:                   $378.22             $371.10
Live-Box Spread:             ($18.44)            ($27.57)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $390.22
                  Weight   Price     Head      : Se 600-900#          $383.10
  Live Steer:          1479   $235.36    21,490: Current Lds:            87.7
  Live Heifer:         1351   $234.57     6,525: Previous Lds:           92.5
  Drsd Steer:           980   $376.66    11,619
  Drsd Heifer:          875   $376.28     3,031
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.47
 Ch 600-900# :                 87.51%:         Steer Dressing % :      63.29%
 Ch 600-750# :                 35.37%:         Heifer Dressing %:      63.17%
 Ch 750-900# :                 52.13%:         Processing Cost  :       12.00
 Se 600-900# :                 12.49%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.26%:
 Se 750-900# :                  9.23%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 369.00                       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            13.48   $353.19   $365.37   $382.48   $379.80   $367.03
 Certified 1-3         5.68   $345.39   $357.57   $374.68   $372.00   $359.23
 Choice 1              3.35   $343.06   $355.24   $372.35   $369.67   $356.90
 Select 1            -12.40   $327.31   $339.49   $356.60   $353.92   $341.15
 Stndrd 1-3          -34.20   $305.51   $317.69   $334.80   $332.12   $319.35
 Prime 4              -0.27   $339.44   $351.62   $368.73   $366.05   $353.28
 Choice 4            -12.45   $327.26   $339.44   $356.55   $353.87   $341.10
-----------------------------------------------------------------------------
*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]