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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-05-22)

USDA U.S. Department of Agriculture - May 22, 2025

NW_LS410
Des Moines, IA     Thu, May 22, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $346.70             $332.57
 Change =>                       1.24                0.89
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 116,369 head of cattle.
SUPPLY (Live)  80,592 Hd
Equivalent:                   $344.44             $328.19
DEMAND (Box)   35,777 Hd*
Equivalent:                   $348.97             $336.95
Live-Box Spread:              ($4.53)             ($8.76)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $360.97
                  Weight   Price     Head      : Se 600-900#          $348.95
  Live Steer:          1479   $227.09    42,112: Current Lds:            80.8
  Live Heifer:         1333   $226.64    18,753: Previous Lds:          122.1
  Drsd Steer:           969   $359.16    15,453
  Drsd Heifer:          880   $359.70     4,274
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.05
 Ch 600-900# :                 87.46%:         Steer Dressing % :      63.51%
 Ch 600-750# :                 35.35%:         Heifer Dressing %:      63.41%
 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 = 346.70                       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   $332.60   $344.78   $361.89   $359.21   $346.44
 Certified 1-3         5.93   $323.34   $335.52   $352.63   $349.95   $337.18
 Choice 1              3.35   $320.76   $332.94   $350.05   $347.37   $334.60
 Select 1            -12.40   $305.01   $317.19   $334.30   $331.62   $318.85
 Stndrd 1-3          -34.63   $282.78   $294.96   $312.07   $309.39   $296.62
 Prime 4               1.44   $318.85   $331.03   $348.14   $345.46   $332.69
 Choice 4            -12.45   $304.96   $317.14   $334.25   $331.57   $318.80
-----------------------------------------------------------------------------
*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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