NW_LS410
Des Moines, IA     Fri, Sep 19, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $365.27             $342.43
 Change =>                      -3.70               -2.52
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Current Index Reflects the Equivalent of 91,877 head of cattle.
SUPPLY (Live)  43,971 Hd
Equivalent:                   $360.49             $336.95
DEMAND (Box)   47,906 Hd*
Equivalent:                   $370.05             $347.92
Live-Box Spread:              ($9.56)            ($10.97)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $382.05
                  Weight   Price     Head      : Se 600-900#          $359.92
  Live Steer:          1530   $237.85    23,080: Current Lds:           130.6
  Live Heifer:         1335   $237.71    10,064: Previous Lds:           99.0
  Drsd Steer:           990   $371.65     9,028
  Drsd Heifer:          876   $371.97     1,799
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      Grading % Breakdown            :         Drop Credit      :       11.60
 Ch 600-900# :                 86.68%:         Steer Dressing % :      63.57%
 Ch 600-750# :                 35.04%:         Heifer Dressing %:      63.43%
 Ch 750-900# :                 51.64%:         Processing Cost  :       12.00
 Se 600-900# :                 13.32%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.48%:
 Se 750-900# :                  9.84%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 365.27                       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            17.12   $353.10   $365.28   $382.39   $379.71   $366.94
 Certified 1-3         5.93   $341.91   $354.09   $371.20   $368.52   $355.75
 Choice 1              3.35   $339.33   $351.51   $368.62   $365.94   $353.17
 Select 1            -19.73   $316.25   $328.43   $345.54   $342.86   $330.09
 Stndrd 1-3          -37.91   $298.07   $310.25   $327.36   $324.68   $311.91
 Prime 4               3.00   $338.98   $351.16   $368.27   $365.59   $352.82
 Choice 4            -12.82   $323.16   $335.34   $352.45   $349.77   $337.00
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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