USDA Carcass Price Equivalent Index 10/31 15:31

NW_LS410
Des Moines, IA     Fri, Oct 31, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $360.40             $341.09
 Change =>                      -0.30               -0.66
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Current Index Reflects the Equivalent of 124,454 head of cattle.
SUPPLY (Live)  80,048 Hd
Equivalent:                   $354.68             $335.53
DEMAND (Box)   44,406 Hd*
Equivalent:                   $366.13             $346.65
Live-Box Spread:             ($11.45)            ($11.12)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $378.13
                  Weight   Price     Head      : Se 600-900#          $358.65
  Live Steer:          1575   $234.65    42,404: Current Lds:           114.8
  Live Heifer:         1372   $234.31    14,664: Previous Lds:          101.5
  Drsd Steer:          1018   $363.07    17,438
  Drsd Heifer:          896   $362.03     5,542
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      Grading % Breakdown            :         Drop Credit      :       11.40
 Ch 600-900# :                 86.93%:         Steer Dressing % :      63.70%
 Ch 600-750# :                 35.14%:         Heifer Dressing %:      63.69%
 Ch 750-900# :                 51.79%:         Processing Cost  :       12.00
 Se 600-900# :                 13.07%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.41%:
 Se 750-900# :                  9.66%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 360.40                       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            19.98   $351.09   $363.27   $380.38   $377.70   $364.93
 Certified 1-3         5.80   $336.91   $349.09   $366.20   $363.52   $350.75
 Choice 1              3.35   $334.46   $346.64   $363.75   $361.07   $348.30
 Select 1            -15.32   $315.79   $327.97   $345.08   $342.40   $329.63
 Stndrd 1-3          -36.13   $294.98   $307.16   $324.27   $321.59   $308.82
 Prime 4               5.86   $336.97   $349.15   $366.26   $363.58   $350.81
 Choice 4            -12.82   $318.29   $330.47   $347.58   $344.90   $332.13
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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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