USDA Carcass Price Equivalent Index 11/13 15:36

NW_LS410
Des Moines, IA     Thu, Nov 13, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $353.53             $334.44
 Change =>                      -1.41               -3.43
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Current Index Reflects the Equivalent of 68,042 head of cattle.
SUPPLY (Live)  19,115 Hd
Equivalent:                   $345.49             $325.84
DEMAND (Box)   48,927 Hd*
Equivalent:                   $361.57             $343.03
Live-Box Spread:             ($16.08)            ($17.19)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $373.57
                  Weight   Price     Head      : Se 600-900#          $355.03
  Live Steer:          1556   $226.78    14,307: Current Lds:           130.6
  Live Heifer:         1411   $227.07     2,847: Previous Lds:          183.5
  Drsd Steer:           962   $355.91     1,708
  Drsd Heifer:          869   $357.16       253
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      Grading % Breakdown            :         Drop Credit      :       11.49
 Ch 600-900# :                 86.84%:         Steer Dressing % :      63.29%
 Ch 600-750# :                 35.10%:         Heifer Dressing %:      63.21%
 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 = 353.53                       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   $343.58   $355.76   $372.87   $370.19   $357.42
 Certified 1-3         5.93   $330.17   $342.35   $359.46   $356.78   $344.01
 Choice 1              3.35   $327.59   $339.77   $356.88   $354.20   $341.43
 Select 1            -15.82   $308.42   $320.60   $337.71   $335.03   $322.26
 Stndrd 1-3          -36.27   $287.97   $300.15   $317.26   $314.58   $301.81
 Prime 4               5.22   $329.46   $341.64   $358.75   $356.07   $343.30
 Choice 4            -12.82   $311.42   $323.60   $340.71   $338.03   $325.26
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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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