USDA Carcass Price Equivalent Index 10/20 15:31

NW_LS410
Des Moines, IA     Mon, Oct 20, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $360.65             $342.84
 Change =>                       4.13                5.14
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Current Index Reflects the Equivalent of 118,129 head of cattle.
SUPPLY (Live)  67,671 Hd
Equivalent:                   $364.11             $344.22
DEMAND (Box)   50,458 Hd*
Equivalent:                   $357.18             $341.46
Live-Box Spread:               $6.93               $2.76
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $369.18
                  Weight   Price     Head      : Se 600-900#          $353.46
  Live Steer:          1553   $239.81    43,580: Current Lds:            85.6
  Live Heifer:         1366   $239.88    15,392: Previous Lds:          187.6
  Drsd Steer:          1020   $372.28     7,017
  Drsd Heifer:          896   $372.18     1,682
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      Grading % Breakdown            :         Drop Credit      :       11.06
 Ch 600-900# :                 86.75%:         Steer Dressing % :      63.51%
 Ch 600-750# :                 35.06%:         Heifer Dressing %:      63.50%
 Ch 750-900# :                 51.68%:         Processing Cost  :       12.00
 Se 600-900# :                 13.25%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.46%:
 Se 750-900# :                  9.79%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 360.65                       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            20.05   $351.41   $363.59   $380.70   $378.02   $365.25
 Certified 1-3         5.93   $337.29   $349.47   $366.58   $363.90   $351.13
 Choice 1              3.35   $334.71   $346.89   $364.00   $361.32   $348.55
 Select 1            -16.07   $315.29   $327.47   $344.58   $341.90   $329.13
 Stndrd 1-3          -36.84   $294.52   $306.70   $323.81   $321.13   $308.36
 Prime 4               5.93   $337.29   $349.47   $366.58   $363.90   $351.13
 Choice 4            -12.82   $318.54   $330.72   $347.83   $345.15   $332.38
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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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