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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-06-26)

USDA U.S. Department of Agriculture - June 26, 2025

NW_LS410
Des Moines, IA     Thu, Jun 26, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $370.43             $354.65
 Change =>                      -0.91                0.75
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 48,720 head of cattle.
SUPPLY (Live)  14,703 Hd
Equivalent:                   $357.80             $341.56
DEMAND (Box)   34,017 Hd*
Equivalent:                   $383.05             $367.74
Live-Box Spread:             ($25.25)            ($26.18)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $395.05
                  Weight   Price     Head      : Se 600-900#          $379.74
  Live Steer:          1458   $233.66    10,169: Current Lds:            91.0
  Live Heifer:         1323   $232.30     2,756: Previous Lds:          104.8
  Drsd Steer:           931   $376.03     1,660
  Drsd Heifer:          842   $375.66       118
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.39
 Ch 600-900# :                 87.51%:         Steer Dressing % :      63.03%
 Ch 600-750# :                 35.37%:         Heifer Dressing %:      62.81%
 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 = 370.43                       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   $354.62   $366.80   $383.91   $381.23   $368.46
 Certified 1-3         5.68   $346.82   $359.00   $376.11   $373.43   $360.66
 Choice 1              3.35   $344.49   $356.67   $373.78   $371.10   $358.33
 Select 1            -12.40   $328.74   $340.92   $358.03   $355.35   $342.58
 Stndrd 1-3          -34.20   $306.94   $319.12   $336.23   $333.55   $320.78
 Prime 4              -0.27   $340.87   $353.05   $370.16   $367.48   $354.71
 Choice 4            -12.45   $328.69   $340.87   $357.98   $355.30   $342.53
-----------------------------------------------------------------------------
*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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