USDA Carcass Price Equivalent Index 10/17 15:36

NW_LS410
Des Moines, IA     Fri, Oct 17, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $356.52             $337.70
 Change =>                       2.26                2.60
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Current Index Reflects the Equivalent of 117,538 head of cattle.
SUPPLY (Live)  60,531 Hd
Equivalent:                   $358.27             $337.13
DEMAND (Box)   57,007 Hd*
Equivalent:                   $354.77             $338.27
Live-Box Spread:               $3.50              ($1.14)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $366.77
                  Weight   Price     Head      : Se 600-900#          $350.27
  Live Steer:          1556   $236.42    35,156: Current Lds:           187.6
  Live Heifer:         1369   $235.77    14,414: Previous Lds:           98.6
  Drsd Steer:          1012   $365.05     9,301
  Drsd Heifer:          906   $365.00     1,660
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      Grading % Breakdown            :         Drop Credit      :       11.16
 Ch 600-900# :                 86.89%:         Steer Dressing % :      63.72%
 Ch 600-750# :                 35.12%:         Heifer Dressing %:      63.70%
 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 = 356.52                       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   $345.78   $357.96   $375.07   $372.39   $359.62
 Certified 1-3         5.80   $333.03   $345.21   $362.32   $359.64   $346.87
 Choice 1              3.35   $330.58   $342.76   $359.87   $357.19   $344.42
 Select 1            -17.32   $309.91   $322.09   $339.20   $336.52   $323.75
 Stndrd 1-3          -36.99   $290.24   $302.42   $319.53   $316.85   $304.08
 Prime 4               4.43   $331.66   $343.84   $360.95   $358.27   $345.50
 Choice 4            -12.82   $314.41   $326.59   $343.70   $341.02   $328.25
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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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