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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-07-18)

USDA U.S. Department of Agriculture - July 18, 2025

NW_LS410
Des Moines, IA     Fri, Jul 18, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $361.45             $342.31
 Change =>                       0.33               -0.98
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 109,332 head of cattle.
SUPPLY (Live)  61,536 Hd
Equivalent:                   $361.35             $345.13
DEMAND (Box)   47,796 Hd*
Equivalent:                   $361.55             $339.49
Live-Box Spread:              ($0.20)              $5.64
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $373.55
                  Weight   Price     Head      : Se 600-900#          $351.49
  Live Steer:          1469   $237.70    34,869: Current Lds:           102.8
  Live Heifer:         1343   $236.53    11,317: Previous Lds:          138.8
  Drsd Steer:           960   $379.43    12,664
  Drsd Heifer:          867   $379.38     2,686
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.70
 Ch 600-900# :                 85.93%:         Steer Dressing % :      63.40%
 Ch 600-750# :                 34.74%:         Heifer Dressing %:      63.25%
 Ch 750-900# :                 51.19%:         Processing Cost  :       12.00
 Se 600-900# :                 14.07%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.67%:
 Se 750-900# :                 10.40%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 361.45                       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            13.55   $345.71   $357.89   $375.00   $372.32   $359.55
 Certified 1-3         5.93   $338.09   $350.27   $367.38   $364.70   $351.93
 Choice 1              3.35   $335.51   $347.69   $364.80   $362.12   $349.35
 Select 1            -12.38   $319.78   $331.96   $349.07   $346.39   $333.62
 Stndrd 1-3          -33.84   $298.32   $310.50   $327.61   $324.93   $312.16
 Prime 4              -0.20   $331.96   $344.14   $361.25   $358.57   $345.80
 Choice 4            -12.45   $319.71   $331.89   $349.00   $346.32   $333.55
-----------------------------------------------------------------------------
*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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