USDA Carcass Price Equivalent Index 09/16 15:41

NW_LS410
Des Moines, IA     Tue, Sep 16, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $371.93             $350.44
 Change =>                      -2.96               -2.81
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Current Index Reflects the Equivalent of 91,214 head of cattle.
SUPPLY (Live)  43,014 Hd
Equivalent:                   $363.25             $339.71
DEMAND (Box)   48,200 Hd*
Equivalent:                   $380.62             $361.17
Live-Box Spread:             ($17.37)            ($21.46)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $392.62
                  Weight   Price     Head      : Se 600-900#          $373.17
  Live Steer:          1512   $239.43    23,900: Current Lds:           166.2
  Live Heifer:         1357   $239.51     9,156: Previous Lds:          101.0
  Drsd Steer:           990   $376.51     7,981
  Drsd Heifer:          894   $375.54     1,977
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      Grading % Breakdown            :         Drop Credit      :       11.61
 Ch 600-900# :                 86.68%:         Steer Dressing % :      63.62%
 Ch 600-750# :                 35.04%:         Heifer Dressing %:      63.54%
 Ch 750-900# :                 51.64%:         Processing Cost  :       12.00
 Se 600-900# :                 13.32%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.48%:
 Se 750-900# :                  9.84%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 371.93                       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            17.12   $359.76   $371.94   $389.05   $386.37   $373.60
 Certified 1-3         5.93   $348.57   $360.75   $377.86   $375.18   $362.41
 Choice 1              3.35   $345.99   $358.17   $375.28   $372.60   $359.83
 Select 1            -19.73   $322.91   $335.09   $352.20   $349.52   $336.75
 Stndrd 1-3          -37.91   $304.73   $316.91   $334.02   $331.34   $318.57
 Prime 4               3.00   $345.64   $357.82   $374.93   $372.25   $359.48
 Choice 4            -12.82   $329.82   $342.00   $359.11   $356.43   $343.66
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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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