USDA Carcass Price Equivalent Index 11/14 15:36

NW_LS410
Des Moines, IA     Fri, Nov 14, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $349.89             $331.82
 Change =>                      -3.64               -2.62
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Current Index Reflects the Equivalent of 95,472 head of cattle.
SUPPLY (Live)  47,187 Hd
Equivalent:                   $341.05             $321.40
DEMAND (Box)   48,285 Hd*
Equivalent:                   $358.73             $342.24
Live-Box Spread:             ($17.68)            ($20.84)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $370.73
                  Weight   Price     Head      : Se 600-900#          $354.24
  Live Steer:          1553   $225.55    24,384: Current Lds:           128.5
  Live Heifer:         1418   $225.25    11,312: Previous Lds:          130.6
  Drsd Steer:          1009   $351.34     9,013
  Drsd Heifer:          919   $351.92     2,478
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      Grading % Breakdown            :         Drop Credit      :       11.49
 Ch 600-900# :                 86.84%:         Steer Dressing % :      63.61%
 Ch 600-750# :                 35.10%:         Heifer Dressing %:      63.63%
 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 = 349.89                       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   $339.94   $352.12   $369.23   $366.55   $353.78
 Certified 1-3         5.93   $326.53   $338.71   $355.82   $353.14   $340.37
 Choice 1              3.35   $323.95   $336.13   $353.24   $350.56   $337.79
 Select 1            -15.82   $304.78   $316.96   $334.07   $331.39   $318.62
 Stndrd 1-3          -36.27   $284.33   $296.51   $313.62   $310.94   $298.17
 Prime 4               5.22   $325.82   $338.00   $355.11   $352.43   $339.66
 Choice 4            -12.82   $307.78   $319.96   $337.07   $334.39   $321.62
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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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