NW_LS410
Des Moines, IA     Tue, Jul 29, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $357.95             $336.18
 Change =>                      -1.88               -2.29
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Current Index Reflects the Equivalent of 91,235 head of cattle.
SUPPLY (Live)  45,704 Hd
Equivalent:                   $363.71             $341.88
DEMAND (Box)   45,531 Hd*
Equivalent:                   $352.19             $330.48
Live-Box Spread:              $11.52              $11.40
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $364.19
                  Weight   Price     Head      : Se 600-900#          $342.48
  Live Steer:          1485   $239.64    27,217: Current Lds:           118.4
  Live Heifer:         1334   $238.44     7,693: Previous Lds:           91.1
  Drsd Steer:           980   $379.51     9,398
  Drsd Heifer:          855   $379.32     1,396
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      Grading % Breakdown            :         Drop Credit      :       11.85
 Ch 600-900# :                 86.27%:         Steer Dressing % :      63.66%
 Ch 600-750# :                 34.87%:         Heifer Dressing %:      63.53%
 Ch 750-900# :                 51.40%:         Processing Cost  :       12.00
 Se 600-900# :                 13.73%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.58%:
 Se 750-900# :                 10.15%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 357.95                       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            15.55   $344.21   $356.39   $373.50   $370.82   $358.05
 Certified 1-3         5.80   $334.46   $346.64   $363.75   $361.07   $348.30
 Choice 1              3.35   $332.01   $344.19   $361.30   $358.62   $345.85
 Select 1            -18.01   $310.65   $322.83   $339.94   $337.26   $324.49
 Stndrd 1-3          -34.70   $293.96   $306.14   $323.25   $320.57   $307.80
 Prime 4               1.80   $330.46   $342.64   $359.75   $357.07   $344.30
 Choice 4            -12.45   $316.21   $328.39   $345.50   $342.82   $330.05
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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