USDA Carcass Price Equivalent Index 10/22 15:26

NW_LS410
Des Moines, IA     Wed, Oct 22, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $361.18             $342.71
 Change =>                      -0.85                0.30
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Current Index Reflects the Equivalent of 116,409 head of cattle.
SUPPLY (Live)  67,467 Hd
Equivalent:                   $363.71             $343.82
DEMAND (Box)   48,942 Hd*
Equivalent:                   $358.65             $341.61
Live-Box Spread:               $5.06               $2.21
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $370.65
                  Weight   Price     Head      : Se 600-900#          $353.61
  Live Steer:          1553   $239.84    43,362: Current Lds:           153.1
  Live Heifer:         1367   $239.92    15,236: Previous Lds:          127.7
  Drsd Steer:          1019   $372.33     7,187
  Drsd Heifer:          896   $372.18     1,682
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      Grading % Breakdown            :         Drop Credit      :       11.32
 Ch 600-900# :                 86.75%:         Steer Dressing % :      63.52%
 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 = 361.18                       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   $351.94   $364.12   $381.23   $378.55   $365.78
 Certified 1-3         5.93   $337.82   $350.00   $367.11   $364.43   $351.66
 Choice 1              3.35   $335.24   $347.42   $364.53   $361.85   $349.08
 Select 1            -16.07   $315.82   $328.00   $345.11   $342.43   $329.66
 Stndrd 1-3          -36.84   $295.05   $307.23   $324.34   $321.66   $308.89
 Prime 4               5.93   $337.82   $350.00   $367.11   $364.43   $351.66
 Choice 4            -12.82   $319.07   $331.25   $348.36   $345.68   $332.91
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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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