USDA Carcass Price Equivalent Index 12/04 15:26

NW_LS410
Des Moines, IA     Thu, Dec 04, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $338.98             $323.75
 Change =>                       3.18                2.33
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Current Index Reflects the Equivalent of 55,608 head of cattle.
SUPPLY (Live)  11,558 Hd
Equivalent:                   $327.25             $309.18
DEMAND (Box)   44,050 Hd*
Equivalent:                   $350.72             $338.32
Live-Box Spread:             ($23.47)            ($29.14)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $362.72
                  Weight   Price     Head      : Se 600-900#          $350.32
  Live Steer:          1578   $215.34     8,543: Current Lds:           157.6
  Live Heifer:         1410   $213.91     2,367: Previous Lds:          139.6
  Drsd Steer:          1018   $329.78       370
  Drsd Heifer:          955   $329.71       278
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      Grading % Breakdown            :         Drop Credit      :       11.49
 Ch 600-900# :                 86.98%:         Steer Dressing % :      63.30%
 Ch 600-750# :                 35.16%:         Heifer Dressing %:      63.40%
 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 = 338.98                       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   $328.31   $340.49   $357.60   $354.92   $342.15
 Certified 1-3         5.80   $315.49   $327.67   $344.78   $342.10   $329.33
 Choice 1              3.35   $313.04   $325.22   $342.33   $339.65   $326.88
 Select 1            -14.23   $295.46   $307.64   $324.75   $322.07   $309.30
 Stndrd 1-3          -35.56   $274.13   $286.31   $303.42   $300.74   $287.97
 Prime 4               4.50   $314.19   $326.37   $343.48   $340.80   $328.03
 Choice 4            -12.82   $296.87   $309.05   $326.16   $323.48   $310.71
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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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