USDA Carcass Price Equivalent Index 11/26 15:16

NW_LS410
Des Moines, IA     Wed, Nov 26, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $339.99             $323.99
 Change =>                      -3.71               -3.01
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Current Index Reflects the Equivalent of 234,979 head of cattle.
SUPPLY (Live)  80,255 Hd
Equivalent:                   $323.70             $304.47
DEMAND (Box)   154,724 Hd*
Equivalent:                   $356.28             $343.51
Live-Box Spread:             ($32.58)            ($39.04)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $368.28
                  Weight   Price     Head      : Se 600-900#          $355.51
  Live Steer:          1575   $214.14    37,664: Current Lds:           175.4
  Live Heifer:         1390   $214.43    17,637: Previous Lds:          215.3
  Drsd Steer:          1015   $335.21    21,406
  Drsd Heifer:          891   $336.06     3,548
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      Grading % Breakdown            :         Drop Credit      :       11.56
 Ch 600-900# :                 86.87%:         Steer Dressing % :      63.71%
 Ch 600-750# :                 35.11%:         Heifer Dressing %:      63.53%
 Ch 750-900# :                 51.75%:         Processing Cost  :       12.00
 Se 600-900# :                 13.13%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.43%:
 Se 750-900# :                  9.71%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 339.99                       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            18.62   $329.32   $341.50   $358.61   $355.93   $343.16
 Certified 1-3         6.05   $316.75   $328.93   $346.04   $343.36   $330.59
 Choice 1              3.35   $314.05   $326.23   $343.34   $340.66   $327.89
 Select 1            -15.40   $295.30   $307.48   $324.59   $321.91   $309.14
 Stndrd 1-3          -35.99   $274.71   $286.89   $304.00   $301.32   $288.55
 Prime 4               4.50   $315.20   $327.38   $344.49   $341.81   $329.04
 Choice 4            -12.82   $297.88   $310.06   $327.17   $324.49   $311.72
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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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