NW_LS410
Des Moines, IA     Tue, Sep 30, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $356.56             $333.94
 Change =>                       0.24               -0.75
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Current Index Reflects the Equivalent of 96,784 head of cattle.
SUPPLY (Live)  45,869 Hd
Equivalent:                   $354.10             $332.63
DEMAND (Box)   50,915 Hd*
Equivalent:                   $359.03             $335.25
Live-Box Spread:              ($4.93)             ($2.62)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $371.03
                  Weight   Price     Head      : Se 600-900#          $347.25
  Live Steer:          1536   $232.75    20,265: Current Lds:           122.1
  Live Heifer:         1367   $233.67    11,622: Previous Lds:          116.7
  Drsd Steer:          1003   $365.06    11,677
  Drsd Heifer:          902   $363.92     2,305
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      Grading % Breakdown            :         Drop Credit      :       11.37
 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 = 356.56                       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            17.98   $345.25   $357.43   $374.54   $371.86   $359.09
 Certified 1-3         5.93   $333.20   $345.38   $362.49   $359.81   $347.04
 Choice 1              3.35   $330.62   $342.80   $359.91   $357.23   $344.46
 Select 1            -17.65   $309.62   $321.80   $338.91   $336.23   $323.46
 Stndrd 1-3          -37.34   $289.93   $302.11   $319.22   $316.54   $303.77
 Prime 4               3.86   $331.13   $343.31   $360.42   $357.74   $344.97
 Choice 4            -12.82   $314.45   $326.63   $343.74   $341.06   $328.29
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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