USDA Carcass Price Equivalent Index 11/12 15:26

NW_LS410
Des Moines, IA     Wed, Nov 12, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $354.94             $337.87
 Change =>                      -2.38               -0.06
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Current Index Reflects the Equivalent of 107,421 head of cattle.
SUPPLY (Live)  58,579 Hd
Equivalent:                   $347.44             $327.79
DEMAND (Box)   48,842 Hd*
Equivalent:                   $362.45             $347.94
Live-Box Spread:             ($15.01)            ($20.15)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $374.45
                  Weight   Price     Head      : Se 600-900#          $359.94
  Live Steer:          1560   $228.66    30,632: Current Lds:           183.5
  Live Heifer:         1390   $228.71    12,524: Previous Lds:          122.6
  Drsd Steer:          1028   $358.13    12,814
  Drsd Heifer:          881   $359.03     2,609
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      Grading % Breakdown            :         Drop Credit      :       11.38
 Ch 600-900# :                 86.84%:         Steer Dressing % :      63.45%
 Ch 600-750# :                 35.10%:         Heifer Dressing %:      63.33%
 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 = 354.94                       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   $344.99   $357.17   $374.28   $371.60   $358.83
 Certified 1-3         5.93   $331.58   $343.76   $360.87   $358.19   $345.42
 Choice 1              3.35   $329.00   $341.18   $358.29   $355.61   $342.84
 Select 1            -15.82   $309.83   $322.01   $339.12   $336.44   $323.67
 Stndrd 1-3          -36.27   $289.38   $301.56   $318.67   $315.99   $303.22
 Prime 4               5.22   $330.87   $343.05   $360.16   $357.48   $344.71
 Choice 4            -12.82   $312.83   $325.01   $342.12   $339.44   $326.67
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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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