USDA Carcass Price Equivalent Index 11/28 15:26

NW_LS410
Des Moines, IA     Fri, Nov 28, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $337.38             $319.88
 Change =>                      -2.61               -4.11
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Current Index Reflects the Equivalent of 207,712 head of cattle.
SUPPLY (Live)  55,526 Hd
Equivalent:                   $319.95             $300.72
DEMAND (Box)   152,186 Hd*
Equivalent:                   $354.82             $339.05
Live-Box Spread:             ($34.87)            ($38.33)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $366.82
                  Weight   Price     Head      : Se 600-900#          $351.05
  Live Steer:          1581   $212.35    28,617: Current Lds:            81.8
  Live Heifer:         1390   $211.25    11,513: Previous Lds:          175.4
  Drsd Steer:          1010   $329.79    13,098
  Drsd Heifer:          899   $331.09     2,298
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      Grading % Breakdown            :         Drop Credit      :       11.52
 Ch 600-900# :                 86.87%:         Steer Dressing % :      63.66%
 Ch 600-750# :                 35.11%:         Heifer Dressing %:      63.52%
 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 = 337.38                       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   $326.71   $338.89   $356.00   $353.32   $340.55
 Certified 1-3         6.05   $314.14   $326.32   $343.43   $340.75   $327.98
 Choice 1              3.35   $311.44   $323.62   $340.73   $338.05   $325.28
 Select 1            -15.40   $292.69   $304.87   $321.98   $319.30   $306.53
 Stndrd 1-3          -35.99   $272.10   $284.28   $301.39   $298.71   $285.94
 Prime 4               4.50   $312.59   $324.77   $341.88   $339.20   $326.43
 Choice 4            -12.82   $295.27   $307.45   $324.56   $321.88   $309.11
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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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