USDA Carcass Price Equivalent Index 11/05 20:51

NW_LS410
Des Moines, IA     Wed, Nov 05, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $359.30             $340.47
 Change =>                       0.98                0.14
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Current Index Reflects the Equivalent of 60,197 head of cattle.
SUPPLY (Live)  16,920 Hd
Equivalent:                   $352.34             $332.70
DEMAND (Box)   43,277 Hd*
Equivalent:                   $366.26             $348.25
Live-Box Spread:             ($13.92)            ($15.55)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $378.26
                  Weight   Price     Head      : Se 600-900#          $360.25
  Live Steer:          1558   $231.93    12,752: Current Lds:           116.6
  Live Heifer:         1352   $232.88     2,543: Previous Lds:          166.6
  Drsd Steer:           995   $359.65     1,624
  Drsd Heifer:          880   $358.00         1
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      Grading % Breakdown            :         Drop Credit      :       11.40
 Ch 600-900# :                 86.93%:         Steer Dressing % :      63.66%
 Ch 600-750# :                 35.14%:         Heifer Dressing %:      63.53%
 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 = 359.30                       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   $349.63   $361.81   $378.92   $376.24   $363.47
 Certified 1-3         5.80   $335.81   $347.99   $365.10   $362.42   $349.65
 Choice 1              3.35   $333.36   $345.54   $362.65   $359.97   $347.20
 Select 1            -15.82   $314.19   $326.37   $343.48   $340.80   $328.03
 Stndrd 1-3          -36.41   $293.60   $305.78   $322.89   $320.21   $307.44
 Prime 4               5.50   $335.51   $347.69   $364.80   $362.12   $349.35
 Choice 4            -12.82   $317.19   $329.37   $346.48   $343.80   $331.03
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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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