USDA Carcass Price Equivalent Index 11/03 15:31

NW_LS410
Des Moines, IA     Mon, Nov 03, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $358.29             $338.80
 Change =>                      -2.11               -2.29
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Current Index Reflects the Equivalent of 89,843 head of cattle.
SUPPLY (Live)  48,378 Hd
Equivalent:                   $349.32             $329.68
DEMAND (Box)   41,465 Hd*
Equivalent:                   $367.25             $347.93
Live-Box Spread:             ($17.93)            ($18.25)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $379.25
                  Weight   Price     Head      : Se 600-900#          $359.93
  Live Steer:          1573   $230.84    26,467: Current Lds:            77.4
  Live Heifer:         1372   $230.64     8,016: Previous Lds:          114.8
  Drsd Steer:          1020   $358.66    10,194
  Drsd Heifer:          891   $359.07     3,701
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      Grading % Breakdown            :         Drop Credit      :       11.40
 Ch 600-900# :                 86.93%:         Steer Dressing % :      63.72%
 Ch 600-750# :                 35.14%:         Heifer Dressing %:      63.74%
 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 = 358.29                       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            19.62   $348.62   $360.80   $377.91   $375.23   $362.46
 Certified 1-3         5.80   $334.80   $346.98   $364.09   $361.41   $348.64
 Choice 1              3.35   $332.35   $344.53   $361.64   $358.96   $346.19
 Select 1            -15.82   $313.18   $325.36   $342.47   $339.79   $327.02
 Stndrd 1-3          -36.41   $292.59   $304.77   $321.88   $319.20   $306.43
 Prime 4               5.50   $334.50   $346.68   $363.79   $361.11   $348.34
 Choice 4            -12.82   $316.18   $328.36   $345.47   $342.79   $330.02
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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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