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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-05-15)

USDA U.S. Department of Agriculture - May 15, 2025

NW_LS410
Des Moines, IA     Thu, May 15, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $340.38             $325.61
 Change =>                       0.96                2.35
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 92,368 head of cattle.
SUPPLY (Live)  50,372 Hd
Equivalent:                   $342.85             $324.04
DEMAND (Box)   41,996 Hd*
Equivalent:                   $337.90             $327.18
Live-Box Spread:               $4.95              ($3.14)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $349.90
                  Weight   Price     Head      : Se 600-900#          $339.18
  Live Steer:          1507   $226.72    27,377: Current Lds:            76.6
  Live Heifer:         1349   $226.25    10,783: Previous Lds:          128.5
  Drsd Steer:           960   $356.32    10,121
  Drsd Heifer:          864   $356.70     2,091
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.06
 Ch 600-900# :                 87.39%:         Steer Dressing % :      63.53%
 Ch 600-750# :                 35.33%:         Heifer Dressing %:      63.41%
 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 = 340.38                       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   $326.71   $338.89   $356.00   $353.32   $340.55
 Certified 1-3         5.93   $317.02   $329.20   $346.31   $343.63   $330.86
 Choice 1              3.35   $314.44   $326.62   $343.73   $341.05   $328.28
 Select 1            -14.98   $296.11   $308.29   $325.40   $322.72   $309.95
 Stndrd 1-3          -35.41   $275.68   $287.86   $304.97   $302.29   $289.52
 Prime 4               1.87   $312.96   $325.14   $342.25   $339.57   $326.80
 Choice 4            -12.45   $298.64   $310.82   $327.93   $325.25   $312.48
-----------------------------------------------------------------------------
*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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