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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-07-21)

USDA U.S. Department of Agriculture - July 21, 2025

NW_LS410
Des Moines, IA     Mon, Jul 21, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $361.57             $341.50
 Change =>                       0.12               -0.81
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 88,360 head of cattle.
SUPPLY (Live)  42,050 Hd
Equivalent:                   $363.08             $344.95
DEMAND (Box)   46,310 Hd*
Equivalent:                   $360.07             $338.05
Live-Box Spread:               $3.01               $6.90
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $372.07
                  Weight   Price     Head      : Se 600-900#          $350.05
  Live Steer:          1482   $238.36    21,620: Current Lds:            75.2
  Live Heifer:         1327   $237.79     6,683: Previous Lds:          102.8
  Drsd Steer:           975   $379.46    10,302
  Drsd Heifer:          865   $379.55     3,445
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.70
 Ch 600-900# :                 86.34%:         Steer Dressing % :      63.66%
 Ch 600-750# :                 34.90%:         Heifer Dressing %:      63.66%
 Ch 750-900# :                 51.44%:         Processing Cost  :       12.00
 Se 600-900# :                 13.66%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.57%:
 Se 750-900# :                 10.10%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 361.57                       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            13.76   $346.04   $358.22   $375.33   $372.65   $359.88
 Certified 1-3         5.93   $338.21   $350.39   $367.50   $364.82   $352.05
 Choice 1              3.35   $335.63   $347.81   $364.92   $362.24   $349.47
 Select 1            -14.29   $317.99   $330.17   $347.28   $344.60   $331.83
 Stndrd 1-3          -33.84   $298.44   $310.62   $327.73   $325.05   $312.28
 Prime 4               0.01   $332.29   $344.47   $361.58   $358.90   $346.13
 Choice 4            -12.45   $319.83   $332.01   $349.12   $346.44   $333.67
-----------------------------------------------------------------------------
*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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