USDA Carcass Price Equivalent Index 12/02 15:31

NW_LS410
Des Moines, IA     Tue, Dec 02, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $336.16             $320.15
 Change =>                      -2.28               -3.76
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Current Index Reflects the Equivalent of 99,002 head of cattle.
SUPPLY (Live)  47,937 Hd
Equivalent:                   $319.59             $301.53
DEMAND (Box)   51,065 Hd*
Equivalent:                   $352.72             $338.78
Live-Box Spread:             ($33.13)            ($37.25)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $364.72
                  Weight   Price     Head      : Se 600-900#          $350.78
  Live Steer:          1574   $211.41    22,707: Current Lds:           115.0
  Live Heifer:         1387   $210.82    10,329: Previous Lds:           93.4
  Drsd Steer:          1009   $329.44    12,864
  Drsd Heifer:          894   $329.96     2,037
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      Grading % Breakdown            :         Drop Credit      :       11.52
 Ch 600-900# :                 86.98%:         Steer Dressing % :      63.66%
 Ch 600-750# :                 35.16%:         Heifer Dressing %:      63.49%
 Ch 750-900# :                 51.82%:         Processing Cost  :       12.00
 Se 600-900# :                 13.02%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.40%:
 Se 750-900# :                  9.62%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 336.16                       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   $325.49   $337.67   $354.78   $352.10   $339.33
 Certified 1-3         5.80   $312.67   $324.85   $341.96   $339.28   $326.51
 Choice 1              3.35   $310.22   $322.40   $339.51   $336.83   $324.06
 Select 1            -14.23   $292.64   $304.82   $321.93   $319.25   $306.48
 Stndrd 1-3          -35.56   $271.31   $283.49   $300.60   $297.92   $285.15
 Prime 4               4.50   $311.37   $323.55   $340.66   $337.98   $325.21
 Choice 4            -12.82   $294.05   $306.23   $323.34   $320.66   $307.89
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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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