USDA Carcass Price Equivalent Index 10/15 15:31

NW_LS410
Des Moines, IA     Wed, Oct 15, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $354.44             $335.21
 Change =>                       1.07               -0.66
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Current Index Reflects the Equivalent of 99,297 head of cattle.
SUPPLY (Live)  44,173 Hd
Equivalent:                   $354.41             $333.27
DEMAND (Box)   55,124 Hd*
Equivalent:                   $354.48             $337.16
Live-Box Spread:              ($0.07)             ($3.89)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $366.48
                  Weight   Price     Head      : Se 600-900#          $349.16
  Live Steer:          1551   $234.16    24,585: Current Lds:           156.1
  Live Heifer:         1371   $234.37    10,997: Previous Lds:          144.9
  Drsd Steer:          1012   $362.52     7,312
  Drsd Heifer:          895   $362.27     1,279
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      Grading % Breakdown            :         Drop Credit      :       11.16
 Ch 600-900# :                 86.89%:         Steer Dressing % :      63.91%
 Ch 600-750# :                 35.12%:         Heifer Dressing %:      63.85%
 Ch 750-900# :                 51.76%:         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 = 354.44                       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            18.55   $343.70   $355.88   $372.99   $370.31   $357.54
 Certified 1-3         5.80   $330.95   $343.13   $360.24   $357.56   $344.79
 Choice 1              3.35   $328.50   $340.68   $357.79   $355.11   $342.34
 Select 1            -17.32   $307.83   $320.01   $337.12   $334.44   $321.67
 Stndrd 1-3          -36.99   $288.16   $300.34   $317.45   $314.77   $302.00
 Prime 4               4.43   $329.58   $341.76   $358.87   $356.19   $343.42
 Choice 4            -12.82   $312.33   $324.51   $341.62   $338.94   $326.17
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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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