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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-07-03)

USDA U.S. Department of Agriculture - July 3, 2025

NW_LS410
Des Moines, IA     Thu, Jul 03, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $363.00             $349.05
 Change =>                      -2.25               -0.64
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 99,659 head of cattle.
SUPPLY (Live)  62,299 Hd
Equivalent:                   $348.24             $331.67
DEMAND (Box)   37,360 Hd*
Equivalent:                   $377.75             $366.44
Live-Box Spread:             ($29.51)            ($34.77)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $389.75
                  Weight   Price     Head      : Se 600-900#          $378.44
  Live Steer:          1473   $229.69    33,093: Current Lds:           102.8
  Live Heifer:         1332   $228.44    13,204: Previous Lds:          112.4
  Drsd Steer:           960   $369.36    13,287
  Drsd Heifer:          865   $369.00     2,715
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.62
 Ch 600-900# :                 87.44%:         Steer Dressing % :      63.73%
 Ch 600-750# :                 35.35%:         Heifer Dressing %:      63.63%
 Ch 750-900# :                 52.09%:         Processing Cost  :       12.00
 Se 600-900# :                 12.56%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.28%:
 Se 750-900# :                  9.28%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 363.00                       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            13.41   $347.12   $359.30   $376.41   $373.73   $360.96
 Certified 1-3         5.68   $339.39   $351.57   $368.68   $366.00   $353.23
 Choice 1              3.35   $337.06   $349.24   $366.35   $363.67   $350.90
 Select 1            -12.73   $320.98   $333.16   $350.27   $347.59   $334.82
 Stndrd 1-3          -34.49   $299.22   $311.40   $328.51   $325.83   $313.06
 Prime 4              -0.34   $333.37   $345.55   $362.66   $359.98   $347.21
 Choice 4            -12.45   $321.26   $333.44   $350.55   $347.87   $335.10
-----------------------------------------------------------------------------
*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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