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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-06-24)

USDA U.S. Department of Agriculture - June 24, 2025

NW_LS410
Des Moines, IA     Tue, Jun 24, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $371.04             $357.00
 Change =>                       2.04               -0.32
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 73,958 head of cattle.
SUPPLY (Live)  42,232 Hd
Equivalent:                   $359.84             $343.59
DEMAND (Box)   31,726 Hd*
Equivalent:                   $382.25             $370.41
Live-Box Spread:             ($22.41)            ($26.82)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $394.25
                  Weight   Price     Head      : Se 600-900#          $382.41
  Live Steer:          1479   $235.29    21,185: Current Lds:            77.6
  Live Heifer:         1351   $234.57     6,525: Previous Lds:           87.7
  Drsd Steer:           981   $376.58    11,491
  Drsd Heifer:          875   $376.28     3,031
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.39
 Ch 600-900# :                 87.51%:         Steer Dressing % :      63.29%
 Ch 600-750# :                 35.37%:         Heifer Dressing %:      63.17%
 Ch 750-900# :                 52.13%:         Processing Cost  :       12.00
 Se 600-900# :                 12.49%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.26%:
 Se 750-900# :                  9.23%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 371.04                       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            13.48   $355.23   $367.41   $384.52   $381.84   $369.07
 Certified 1-3         5.68   $347.43   $359.61   $376.72   $374.04   $361.27
 Choice 1              3.35   $345.10   $357.28   $374.39   $371.71   $358.94
 Select 1            -12.40   $329.35   $341.53   $358.64   $355.96   $343.19
 Stndrd 1-3          -34.20   $307.55   $319.73   $336.84   $334.16   $321.39
 Prime 4              -0.27   $341.48   $353.66   $370.77   $368.09   $355.32
 Choice 4            -12.45   $329.30   $341.48   $358.59   $355.91   $343.14
-----------------------------------------------------------------------------
*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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