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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-05-16)

USDA U.S. Department of Agriculture - May 16, 2025

NW_LS410
Des Moines, IA     Fri, May 16, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $341.53             $327.08
 Change =>                       1.15                1.47
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 100,675 head of cattle.
SUPPLY (Live)  58,972 Hd
Equivalent:                   $342.57             $323.76
DEMAND (Box)   41,703 Hd*
Equivalent:                   $340.49             $330.39
Live-Box Spread:               $2.08              ($6.63)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $352.49
                  Weight   Price     Head      : Se 600-900#          $342.39
  Live Steer:          1484   $226.62    35,051: Current Lds:           101.0
  Live Heifer:         1323   $224.98    12,415: Previous Lds:           76.6
  Drsd Steer:           970   $357.70     9,363
  Drsd Heifer:          896   $357.23     2,143
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.06
 Ch 600-900# :                 87.39%:         Steer Dressing % :      63.53%
 Ch 600-750# :                 35.33%:         Heifer Dressing %:      63.49%
 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 = 341.53                       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   $327.86   $340.04   $357.15   $354.47   $341.70
 Certified 1-3         5.93   $318.17   $330.35   $347.46   $344.78   $332.01
 Choice 1              3.35   $315.59   $327.77   $344.88   $342.20   $329.43
 Select 1            -14.98   $297.26   $309.44   $326.55   $323.87   $311.10
 Stndrd 1-3          -35.41   $276.83   $289.01   $306.12   $303.44   $290.67
 Prime 4               1.87   $314.11   $326.29   $343.40   $340.72   $327.95
 Choice 4            -12.45   $299.79   $311.97   $329.08   $326.40   $313.63
-----------------------------------------------------------------------------
*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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