USDA Carcass Price Equivalent Index 11/10 15:26

NW_LS410
Des Moines, IA     Mon, Nov 10, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $356.35             $337.72
 Change =>                      -0.37               -1.53
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Current Index Reflects the Equivalent of 104,491 head of cattle.
SUPPLY (Live)  57,356 Hd
Equivalent:                   $347.38             $327.73
DEMAND (Box)   47,135 Hd*
Equivalent:                   $365.32             $347.70
Live-Box Spread:             ($17.94)            ($19.97)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $377.32
                  Weight   Price     Head      : Se 600-900#          $359.70
  Live Steer:          1560   $228.70    29,831: Current Lds:            78.7
  Live Heifer:         1391   $228.80    11,763: Previous Lds:          137.0
  Drsd Steer:          1028   $358.13    13,152
  Drsd Heifer:          881   $359.03     2,610
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      Grading % Breakdown            :         Drop Credit      :       11.40
 Ch 600-900# :                 86.84%:         Steer Dressing % :      63.46%
 Ch 600-750# :                 35.10%:         Heifer Dressing %:      63.34%
 Ch 750-900# :                 51.74%:         Processing Cost  :       12.00
 Se 600-900# :                 13.16%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.44%:
 Se 750-900# :                  9.73%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 356.35                       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            19.34   $346.40   $358.58   $375.69   $373.01   $360.24
 Certified 1-3         5.93   $332.99   $345.17   $362.28   $359.60   $346.83
 Choice 1              3.35   $330.41   $342.59   $359.70   $357.02   $344.25
 Select 1            -15.82   $311.24   $323.42   $340.53   $337.85   $325.08
 Stndrd 1-3          -36.27   $290.79   $302.97   $320.08   $317.40   $304.63
 Prime 4               5.22   $332.28   $344.46   $361.57   $358.89   $346.12
 Choice 4            -12.82   $314.24   $326.42   $343.53   $340.85   $328.08
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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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