NW_LS410
Des Moines, IA     Wed, Sep 24, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $363.44             $341.72
 Change =>                      -1.72               -1.75
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Current Index Reflects the Equivalent of 90,847 head of cattle.
SUPPLY (Live)  42,383 Hd
Equivalent:                   $361.49             $339.03
DEMAND (Box)   48,464 Hd*
Equivalent:                   $365.39             $344.42
Live-Box Spread:              ($3.90)             ($5.39)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $377.39
                  Weight   Price     Head      : Se 600-900#          $356.42
  Live Steer:          1527   $237.36    21,607: Current Lds:           187.7
  Live Heifer:         1345   $237.66    10,505: Previous Lds:          120.4
  Drsd Steer:           995   $370.79     8,411
  Drsd Heifer:          874   $372.03     1,860
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      Grading % Breakdown            :         Drop Credit      :       11.50
 Ch 600-900# :                 86.99%:         Steer Dressing % :      63.69%
 Ch 600-750# :                 35.16%:         Heifer Dressing %:      63.61%
 Ch 750-900# :                 51.82%:         Processing Cost  :       12.00
 Se 600-900# :                 13.01%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.40%:
 Se 750-900# :                  9.62%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 363.44                       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            17.84   $351.99   $364.17   $381.28   $378.60   $365.83
 Certified 1-3         5.93   $340.08   $352.26   $369.37   $366.69   $353.92
 Choice 1              3.35   $337.50   $349.68   $366.79   $364.11   $351.34
 Select 1            -18.65   $315.50   $327.68   $344.79   $342.11   $329.34
 Stndrd 1-3          -37.34   $296.81   $308.99   $326.10   $323.42   $310.65
 Prime 4               3.72   $337.87   $350.05   $367.16   $364.48   $351.71
 Choice 4            -12.82   $321.33   $333.51   $350.62   $347.94   $335.17
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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