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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-05-02)

USDA U.S. Department of Agriculture - May 2, 2025

NW_LS410
Des Moines, IA     Fri, May 02, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $331.33             $313.19
 Change =>                       0.33                1.00
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 146,120 head of cattle.
SUPPLY (Live)  110,460 Hd
Equivalent:                   $331.75             $313.02
DEMAND (Box)   35,660 Hd*
Equivalent:                   $330.90             $313.35
Live-Box Spread:               $0.85              ($0.33)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $342.90
                  Weight   Price     Head      : Se 600-900#          $325.35
  Live Steer:          1499   $219.36    57,199: Current Lds:           100.9
  Live Heifer:         1376   $219.03    27,637: Previous Lds:           99.3
  Drsd Steer:           980   $346.37    21,711
  Drsd Heifer:          888   $346.62     3,913
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.89
 Ch 600-900# :                 87.50%:         Steer Dressing % :      63.48%
 Ch 600-750# :                 35.37%:         Heifer Dressing %:      63.30%
 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 = 331.33                       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   $318.16   $330.34   $347.45   $344.41   $332.00
 Certified 1-3         5.55   $307.59   $319.77   $336.88   $333.84   $321.43
 Choice 1              3.35   $305.39   $317.57   $334.68   $331.64   $319.23
 Select 1            -14.90   $287.14   $299.32   $316.43   $313.39   $300.98
 Stndrd 1-3          -35.20   $266.84   $279.02   $296.13   $293.09   $280.68
 Prime 4               2.37   $304.41   $316.59   $333.70   $330.66   $318.25
 Choice 4            -12.45   $289.59   $301.77   $318.88   $315.84   $303.43
-----------------------------------------------------------------------------
*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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