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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-04-23)

USDA U.S. Department of Agriculture - April 23, 2025

NW_LS410
Des Moines, IA     Wed, Apr 23, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $319.69             $300.94
 Change =>                       0.12               -1.56
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 95,847 head of cattle.
SUPPLY (Live)  49,114 Hd
Equivalent:                   $319.41             $299.35
DEMAND (Box)   46,733 Hd*
Equivalent:                   $319.97             $302.52
Live-Box Spread:              ($0.56)             ($3.17)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $331.97
                  Weight   Price     Head      : Se 600-900#          $314.52
  Live Steer:          1512   $211.69    23,721: Current Lds:           170.8
  Live Heifer:         1346   $211.25    11,410: Previous Lds:          133.9
  Drsd Steer:           975   $336.61    11,871
  Drsd Heifer:          878   $335.83     2,112
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.84
 Ch 600-900# :                 87.47%:         Steer Dressing % :      63.72%
 Ch 600-750# :                 35.36%:         Heifer Dressing %:      63.54%
 Ch 750-900# :                 52.11%:         Processing Cost  :       12.00
 Se 600-900# :                 12.53%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.27%:
 Se 750-900# :                  9.26%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 319.69                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -29.29    -17.11               -3.04    -15.45
-----------------------------------------------------------------------------
 Prime 1-3            16.26   $306.66   $318.84   $335.95   $332.91   $320.50
 Certified 1-3         5.68   $296.08   $308.26   $325.37   $322.33   $309.92
 Choice 1              3.35   $293.75   $305.93   $323.04   $320.00   $307.59
 Select 1            -16.23   $274.17   $286.35   $303.46   $300.42   $288.01
 Stndrd 1-3          -35.49   $254.91   $267.09   $284.20   $281.16   $268.75
 Prime 4               2.51   $292.91   $305.09   $322.20   $319.16   $306.75
 Choice 4            -12.45   $277.95   $290.13   $307.24   $304.20   $291.79
-----------------------------------------------------------------------------
*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

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