USDA Carcass Price Equivalent Index 12/03 15:31

NW_LS410
Des Moines, IA     Wed, Dec 03, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $335.80             $321.42
 Change =>                      -0.36                1.27
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Current Index Reflects the Equivalent of 92,260 head of cattle.
SUPPLY (Live)  46,872 Hd
Equivalent:                   $319.78             $301.72
DEMAND (Box)   45,388 Hd*
Equivalent:                   $351.81             $341.12
Live-Box Spread:             ($32.03)            ($39.40)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $363.81
                  Weight   Price     Head      : Se 600-900#          $353.12
  Live Steer:          1574   $211.55    22,097: Current Lds:           139.6
  Live Heifer:         1385   $211.01     9,874: Previous Lds:          115.0
  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 %:      63.47%
 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 = 335.80                       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   $325.13   $337.31   $354.42   $351.74   $338.97
 Certified 1-3         5.80   $312.31   $324.49   $341.60   $338.92   $326.15
 Choice 1              3.35   $309.86   $322.04   $339.15   $336.47   $323.70
 Select 1            -14.23   $292.28   $304.46   $321.57   $318.89   $306.12
 Stndrd 1-3          -35.56   $270.95   $283.13   $300.24   $297.56   $284.79
 Prime 4               4.50   $311.01   $323.19   $340.30   $337.62   $324.85
 Choice 4            -12.82   $293.69   $305.87   $322.98   $320.30   $307.53
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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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