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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-04-28)

USDA U.S. Department of Agriculture - April 28, 2025

NW_LS410
Des Moines, IA     Mon, Apr 28, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $328.88             $310.69
 Change =>                       6.46                6.48
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 89,635 head of cattle.
SUPPLY (Live)  46,860 Hd
Equivalent:                   $326.99             $308.26
DEMAND (Box)   42,775 Hd*
Equivalent:                   $330.77             $313.12
Live-Box Spread:              ($3.78)             ($4.86)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $342.77
                  Weight   Price     Head      : Se 600-900#          $325.12
  Live Steer:          1511   $216.16    21,948: Current Lds:            68.0
  Live Heifer:         1382   $215.42    14,975: Previous Lds:           96.2
  Drsd Steer:           993   $341.33     8,247
  Drsd Heifer:          888   $340.81     1,690
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.84
 Ch 600-900# :                 87.50%:         Steer Dressing % :      63.40%
 Ch 600-750# :                 35.37%:         Heifer Dressing %:      63.18%
 Ch 750-900# :                 52.13%:         Processing Cost  :       12.00
 Se 600-900# :                 12.50%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.26%:
 Se 750-900# :                  9.24%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 328.88                       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            16.12   $315.71   $327.89   $345.00   $341.96   $329.55
 Certified 1-3         5.55   $305.14   $317.32   $334.43   $331.39   $318.98
 Choice 1              3.35   $302.94   $315.12   $332.23   $329.19   $316.78
 Select 1            -14.90   $284.69   $296.87   $313.98   $310.94   $298.53
 Stndrd 1-3          -35.20   $264.39   $276.57   $293.68   $290.64   $278.23
 Prime 4               2.37   $301.96   $314.14   $331.25   $328.21   $315.80
 Choice 4            -12.45   $287.14   $299.32   $316.43   $313.39   $300.98
-----------------------------------------------------------------------------
*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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