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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-05-21)

USDA U.S. Department of Agriculture - May 21, 2025

NW_LS410
Des Moines, IA     Wed, May 21, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $345.46             $331.68
 Change =>                       0.42                1.65
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 100,004 head of cattle.
SUPPLY (Live)  64,549 Hd
Equivalent:                   $343.32             $327.08
DEMAND (Box)   35,455 Hd*
Equivalent:                   $347.59             $336.28
Live-Box Spread:              ($4.27)             ($9.20)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $359.59
                  Weight   Price     Head      : Se 600-900#          $348.28
  Live Steer:          1473   $226.50    36,343: Current Lds:           122.1
  Live Heifer:         1325   $225.48    14,857: Previous Lds:          100.9
  Drsd Steer:           966   $357.74    11,174
  Drsd Heifer:          894   $357.69     2,175
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.05
 Ch 600-900# :                 87.46%:         Steer Dressing % :      63.48%
 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 = 345.46                       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   $331.36   $343.54   $360.65   $357.97   $345.20
 Certified 1-3         5.93   $322.10   $334.28   $351.39   $348.71   $335.94
 Choice 1              3.35   $319.52   $331.70   $348.81   $346.13   $333.36
 Select 1            -12.40   $303.77   $315.95   $333.06   $330.38   $317.61
 Stndrd 1-3          -34.63   $281.54   $293.72   $310.83   $308.15   $295.38
 Prime 4               1.44   $317.61   $329.79   $346.90   $344.22   $331.45
 Choice 4            -12.45   $303.72   $315.90   $333.01   $330.33   $317.56
-----------------------------------------------------------------------------
*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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