NW_LS410
Des Moines, IA     Thu, Jul 24, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $359.56             $339.95
 Change =>                       0.20                0.71
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Current Index Reflects the Equivalent of 87,519 head of cattle.
SUPPLY (Live)  42,037 Hd
Equivalent:                   $363.03             $344.91
DEMAND (Box)   45,482 Hd*
Equivalent:                   $356.09             $335.00
Live-Box Spread:               $6.94               $9.91
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $368.09
                  Weight   Price     Head      : Se 600-900#          $347.00
  Live Steer:          1483   $238.43    21,336: Current Lds:           128.8
  Live Heifer:         1314   $237.25     7,006: Previous Lds:          163.8
  Drsd Steer:           975   $379.51    10,250
  Drsd Heifer:          865   $379.55     3,445
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      Grading % Breakdown            :         Drop Credit      :       11.73
 Ch 600-900# :                 86.34%:         Steer Dressing % :      63.64%
 Ch 600-750# :                 34.90%:         Heifer Dressing %:      63.62%
 Ch 750-900# :                 51.44%:         Processing Cost  :       12.00
 Se 600-900# :                 13.66%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.57%:
 Se 750-900# :                 10.10%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 359.56                       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            13.76   $344.03   $356.21   $373.32   $370.64   $357.87
 Certified 1-3         5.93   $336.20   $348.38   $365.49   $362.81   $350.04
 Choice 1              3.35   $333.62   $345.80   $362.91   $360.23   $347.46
 Select 1            -14.29   $315.98   $328.16   $345.27   $342.59   $329.82
 Stndrd 1-3          -33.84   $296.43   $308.61   $325.72   $323.04   $310.27
 Prime 4               0.01   $330.28   $342.46   $359.57   $356.89   $344.12
 Choice 4            -12.45   $317.82   $330.00   $347.11   $344.43   $331.66
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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