NW_LS410
Des Moines, IA     Fri, Jul 25, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $359.37             $339.40
 Change =>                      -0.19               -0.55
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Current Index Reflects the Equivalent of 72,100 head of cattle.
SUPPLY (Live)  26,450 Hd
Equivalent:                   $364.06             $345.94
DEMAND (Box)   45,650 Hd*
Equivalent:                   $354.68             $332.87
Live-Box Spread:               $9.38              $13.07
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $366.68
                  Weight   Price     Head      : Se 600-900#          $344.87
  Live Steer:          1480   $239.09    14,138: Current Lds:           105.0
  Live Heifer:         1310   $237.70     5,350: Previous Lds:          128.8
  Drsd Steer:           977   $379.53     5,090
  Drsd Heifer:          862   $379.89     1,872
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      Grading % Breakdown            :         Drop Credit      :       11.73
 Ch 600-900# :                 86.34%:         Steer Dressing % :      63.48%
 Ch 600-750# :                 34.90%:         Heifer Dressing %:      63.47%
 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 = 359.37                       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   $343.84   $356.02   $373.13   $370.45   $357.68
 Certified 1-3         5.93   $336.01   $348.19   $365.30   $362.62   $349.85
 Choice 1              3.35   $333.43   $345.61   $362.72   $360.04   $347.27
 Select 1            -14.29   $315.79   $327.97   $345.08   $342.40   $329.63
 Stndrd 1-3          -33.84   $296.24   $308.42   $325.53   $322.85   $310.08
 Prime 4               0.01   $330.09   $342.27   $359.38   $356.70   $343.93
 Choice 4            -12.45   $317.63   $329.81   $346.92   $344.24   $331.47
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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