NW_LS410
Des Moines, IA     Thu, Sep 25, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $360.40             $339.91
 Change =>                      -3.04               -1.81
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Current Index Reflects the Equivalent of 96,129 head of cattle.
SUPPLY (Live)  43,276 Hd
Equivalent:                   $360.83             $338.37
DEMAND (Box)   52,853 Hd*
Equivalent:                   $359.97             $341.45
Live-Box Spread:               $0.86              ($3.08)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $371.97
                  Weight   Price     Head      : Se 600-900#          $353.45
  Live Steer:          1528   $237.30    20,333: Current Lds:           157.5
  Live Heifer:         1345   $237.65    10,216: Previous Lds:          187.7
  Drsd Steer:           993   $369.54    10,671
  Drsd Heifer:          873   $371.36     2,056
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      Grading % Breakdown            :         Drop Credit      :       11.50
 Ch 600-900# :                 86.99%:         Steer Dressing % :      63.74%
 Ch 600-750# :                 35.16%:         Heifer Dressing %:      63.62%
 Ch 750-900# :                 51.82%:         Processing Cost  :       12.00
 Se 600-900# :                 13.01%:         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 = 360.40                       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            17.84   $348.95   $361.13   $378.24   $375.56   $362.79
 Certified 1-3         5.93   $337.04   $349.22   $366.33   $363.65   $350.88
 Choice 1              3.35   $334.46   $346.64   $363.75   $361.07   $348.30
 Select 1            -18.65   $312.46   $324.64   $341.75   $339.07   $326.30
 Stndrd 1-3          -37.34   $293.77   $305.95   $323.06   $320.38   $307.61
 Prime 4               3.72   $334.83   $347.01   $364.12   $361.44   $348.67
 Choice 4            -12.82   $318.29   $330.47   $347.58   $344.90   $332.13
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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