USDA Carcass Price Equivalent Index 11/17 15:31

NW_LS410
Des Moines, IA     Mon, Nov 17, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $349.46             $332.75
 Change =>                      -0.43                0.93
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Current Index Reflects the Equivalent of 92,952 head of cattle.
SUPPLY (Live)  44,959 Hd
Equivalent:                   $340.51             $321.20
DEMAND (Box)   47,993 Hd*
Equivalent:                   $358.41             $344.30
Live-Box Spread:             ($17.90)            ($23.10)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $370.41
                  Weight   Price     Head      : Se 600-900#          $356.30
  Live Steer:          1563   $225.08    23,016: Current Lds:            74.8
  Live Heifer:         1414   $225.01    10,277: Previous Lds:          128.5
  Drsd Steer:          1010   $351.25     9,108
  Drsd Heifer:          916   $351.86     2,558
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      Grading % Breakdown            :         Drop Credit      :       11.52
 Ch 600-900# :                 86.88%:         Steer Dressing % :      63.67%
 Ch 600-750# :                 35.12%:         Heifer Dressing %:      63.69%
 Ch 750-900# :                 51.76%:         Processing Cost  :       12.00
 Se 600-900# :                 13.12%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.43%:
 Se 750-900# :                  9.70%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 349.46                       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            18.84   $339.01   $351.19   $368.30   $365.62   $352.85
 Certified 1-3         6.05   $326.22   $338.40   $355.51   $352.83   $340.06
 Choice 1              3.35   $323.52   $335.70   $352.81   $350.13   $337.36
 Select 1            -15.48   $304.69   $316.87   $333.98   $331.30   $318.53
 Stndrd 1-3          -35.99   $284.18   $296.36   $313.47   $310.79   $298.02
 Prime 4               4.72   $324.89   $337.07   $354.18   $351.50   $338.73
 Choice 4            -12.82   $307.35   $319.53   $336.64   $333.96   $321.19
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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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