USDA Carcass Price Equivalent Index 12/23 15:31

NW_LS410
Des Moines, IA     Tue, Dec 23, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $345.73             $334.93
 Change =>                      -3.57               -0.57
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Current Index Reflects the Equivalent of 70,612 head of cattle.
SUPPLY (Live)  28,383 Hd
Equivalent:                   $347.69             $332.27
DEMAND (Box)   42,229 Hd*
Equivalent:                   $343.77             $337.59
Live-Box Spread:               $3.92              ($5.32)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $355.77
                  Weight   Price     Head      : Se 600-900#          $349.59
  Live Steer:          1584   $228.09    12,163: Current Lds:           138.2
  Live Heifer:         1399   $228.00     6,135: Previous Lds:           67.8
  Drsd Steer:           996   $356.87     8,209
  Drsd Heifer:          873   $357.01     1,876
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      Grading % Breakdown            :         Drop Credit      :       11.77
 Ch 600-900# :                 87.03%:         Steer Dressing % :      63.21%
 Ch 600-750# :                 35.18%:         Heifer Dressing %:      62.91%
 Ch 750-900# :                 51.85%:         Processing Cost  :       12.00
 Se 600-900# :                 12.97%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.39%:
 Se 750-900# :                  9.59%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 345.73                       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            16.55   $332.99   $345.17   $362.28   $359.60   $346.83
 Certified 1-3         5.74   $322.18   $334.36   $351.47   $348.79   $336.02
 Choice 1              3.35   $319.79   $331.97   $349.08   $346.40   $333.63
 Select 1            -11.57   $304.87   $317.05   $334.16   $331.48   $318.71
 Stndrd 1-3          -34.27   $282.17   $294.35   $311.46   $308.78   $296.01
 Prime 4               2.43   $318.87   $331.05   $348.16   $345.48   $332.71
 Choice 4            -12.82   $303.62   $315.80   $332.91   $330.23   $317.46
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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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