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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-05-23)

USDA U.S. Department of Agriculture - May 23, 2025

NW_LS410
Des Moines, IA     Fri, May 23, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $348.21             $334.97
 Change =>                       1.51                2.40
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 75,163 head of cattle.
SUPPLY (Live)  41,621 Hd
Equivalent:                   $346.87             $330.62
DEMAND (Box)   33,542 Hd*
Equivalent:                   $349.55             $339.32
Live-Box Spread:              ($2.68)             ($8.70)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $361.55
                  Weight   Price     Head      : Se 600-900#          $351.32
  Live Steer:          1480   $228.68    18,420: Current Lds:            71.2
  Live Heifer:         1344   $228.70    10,109: Previous Lds:           80.8
  Drsd Steer:           968   $360.73     9,195
  Drsd Heifer:          873   $363.15     3,897
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.18
 Ch 600-900# :                 87.46%:         Steer Dressing % :      63.52%
 Ch 600-750# :                 35.35%:         Heifer Dressing %:      63.45%
 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 = 348.21                       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   $334.11   $346.29   $363.40   $360.72   $347.95
 Certified 1-3         5.93   $324.85   $337.03   $354.14   $351.46   $338.69
 Choice 1              3.35   $322.27   $334.45   $351.56   $348.88   $336.11
 Select 1            -12.40   $306.52   $318.70   $335.81   $333.13   $320.36
 Stndrd 1-3          -34.63   $284.29   $296.47   $313.58   $310.90   $298.13
 Prime 4               1.44   $320.36   $332.54   $349.65   $346.97   $334.20
 Choice 4            -12.45   $306.47   $318.65   $335.76   $333.08   $320.31
-----------------------------------------------------------------------------
*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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