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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-05-20)

USDA U.S. Department of Agriculture - May 20, 2025

NW_LS410
Des Moines, IA     Tue, May 20, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $345.04             $330.03
 Change =>                       1.93                0.39
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 100,308 head of cattle.
SUPPLY (Live)  64,373 Hd
Equivalent:                   $343.34             $327.09
DEMAND (Box)   35,935 Hd*
Equivalent:                   $346.75             $332.96
Live-Box Spread:              ($3.41)             ($5.87)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $358.75
                  Weight   Price     Head      : Se 600-900#          $344.96
  Live Steer:          1473   $226.49    36,461: Current Lds:           100.9
  Live Heifer:         1323   $225.51    14,672: Previous Lds:           72.2
  Drsd Steer:           966   $357.77    11,065
  Drsd Heifer:          894   $357.69     2,175
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.05
 Ch 600-900# :                 87.46%:         Steer Dressing % :      63.47%
 Ch 600-750# :                 35.35%:         Heifer Dressing %:      63.35%
 Ch 750-900# :                 52.10%:         Processing Cost  :       12.00
 Se 600-900# :                 12.54%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.27%:
 Se 750-900# :                  9.27%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 345.04                       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            15.19   $330.94   $343.12   $360.23   $357.55   $344.78
 Certified 1-3         5.93   $321.68   $333.86   $350.97   $348.29   $335.52
 Choice 1              3.35   $319.10   $331.28   $348.39   $345.71   $332.94
 Select 1            -12.40   $303.35   $315.53   $332.64   $329.96   $317.19
 Stndrd 1-3          -34.63   $281.12   $293.30   $310.41   $307.73   $294.96
 Prime 4               1.44   $317.19   $329.37   $346.48   $343.80   $331.03
 Choice 4            -12.45   $303.30   $315.48   $332.59   $329.91   $317.14
-----------------------------------------------------------------------------
*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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