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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-05-01)

USDA U.S. Department of Agriculture - May 1, 2025

NW_LS410
Des Moines, IA     Thu, May 01, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $331.00             $312.19
 Change =>                       0.76                2.96
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 133,363 head of cattle.
SUPPLY (Live)  98,054 Hd
Equivalent:                   $330.83             $312.10
DEMAND (Box)   35,309 Hd*
Equivalent:                   $331.17             $312.28
Live-Box Spread:              ($0.34)             ($0.18)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $343.17
                  Weight   Price     Head      : Se 600-900#          $324.28
  Live Steer:          1497   $218.83    48,668: Current Lds:            99.3
  Live Heifer:         1370   $217.92    26,326: Previous Lds:           98.9
  Drsd Steer:           984   $345.89    19,308
  Drsd Heifer:          889   $346.50     3,752
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.89
 Ch 600-900# :                 87.50%:         Steer Dressing % :      63.47%
 Ch 600-750# :                 35.37%:         Heifer Dressing %:      63.29%
 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 = 331.00                       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   $317.83   $330.01   $347.12   $344.08   $331.67
 Certified 1-3         5.55   $307.26   $319.44   $336.55   $333.51   $321.10
 Choice 1              3.35   $305.06   $317.24   $334.35   $331.31   $318.90
 Select 1            -14.90   $286.81   $298.99   $316.10   $313.06   $300.65
 Stndrd 1-3          -35.20   $266.51   $278.69   $295.80   $292.76   $280.35
 Prime 4               2.37   $304.08   $316.26   $333.37   $330.33   $317.92
 Choice 4            -12.45   $289.26   $301.44   $318.55   $315.51   $303.10
-----------------------------------------------------------------------------
*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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