NW_LS410
Des Moines, IA     Mon, Sep 29, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $356.32             $334.69
 Change =>                      -1.69               -2.59
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Current Index Reflects the Equivalent of 96,601 head of cattle.
SUPPLY (Live)  45,814 Hd
Equivalent:                   $353.96             $332.49
DEMAND (Box)   50,787 Hd*
Equivalent:                   $358.68             $336.89
Live-Box Spread:              ($4.72)             ($4.40)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $370.68
                  Weight   Price     Head      : Se 600-900#          $348.89
  Live Steer:          1536   $232.78    20,274: Current Lds:           116.7
  Live Heifer:         1367   $233.67    11,622: Previous Lds:           94.9
  Drsd Steer:          1003   $365.09    11,613
  Drsd Heifer:          902   $363.92     2,305
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      Grading % Breakdown            :         Drop Credit      :       11.48
 Ch 600-900# :                 86.85%:         Steer Dressing % :      63.66%
 Ch 600-750# :                 35.11%:         Heifer Dressing %:      63.46%
 Ch 750-900# :                 51.74%:         Processing Cost  :       12.00
 Se 600-900# :                 13.15%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.43%:
 Se 750-900# :                  9.72%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 356.32                       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            17.98   $345.01   $357.19   $374.30   $371.62   $358.85
 Certified 1-3         5.93   $332.96   $345.14   $362.25   $359.57   $346.80
 Choice 1              3.35   $330.38   $342.56   $359.67   $356.99   $344.22
 Select 1            -17.65   $309.38   $321.56   $338.67   $335.99   $323.22
 Stndrd 1-3          -37.34   $289.69   $301.87   $318.98   $316.30   $303.53
 Prime 4               3.86   $330.89   $343.07   $360.18   $357.50   $344.73
 Choice 4            -12.82   $314.21   $326.39   $343.50   $340.82   $328.05
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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