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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-05-14)

USDA U.S. Department of Agriculture - May 14, 2025

NW_LS410
Des Moines, IA     Wed, May 14, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $339.42             $323.26
 Change =>                       0.31                1.37
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 99,195 head of cattle.
SUPPLY (Live)  53,801 Hd
Equivalent:                   $341.48             $322.67
DEMAND (Box)   45,394 Hd*
Equivalent:                   $337.36             $323.85
Live-Box Spread:               $4.12              ($1.18)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $349.36
                  Weight   Price     Head      : Se 600-900#          $335.85
  Live Steer:          1497   $225.88    28,402: Current Lds:           128.5
  Live Heifer:         1339   $224.82    12,580: Previous Lds:          135.1
  Drsd Steer:           955   $356.04    10,558
  Drsd Heifer:          864   $356.37     2,261
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.06
 Ch 600-900# :                 87.39%:         Steer Dressing % :      63.56%
 Ch 600-750# :                 35.33%:         Heifer Dressing %:      63.45%
 Ch 750-900# :                 52.06%:         Processing Cost  :       12.00
 Se 600-900# :                 12.61%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.29%:
 Se 750-900# :                  9.32%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 339.42                       Carcass Weights
                             400-500#500-600#  600-900#  900-1000#  1000#/up
 Qlty/Yield      (1)           -29.29    -17.11               -2.68    -15.45
-----------------------------------------------------------------------------
 Prime 1-3            15.62   $325.75   $337.93   $355.04   $352.36   $339.59
 Certified 1-3         5.93   $316.06   $328.24   $345.35   $342.67   $329.90
 Choice 1              3.35   $313.48   $325.66   $342.77   $340.09   $327.32
 Select 1            -14.98   $295.15   $307.33   $324.44   $321.76   $308.99
 Stndrd 1-3          -35.41   $274.72   $286.90   $304.01   $301.33   $288.56
 Prime 4               1.87   $312.00   $324.18   $341.29   $338.61   $325.84
 Choice 4            -12.45   $297.68   $309.86   $326.97   $324.29   $311.52
-----------------------------------------------------------------------------
*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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