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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-07-22)

USDA U.S. Department of Agriculture - July 22, 2025

NW_LS410
Des Moines, IA     Tue, Jul 22, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $361.74             $340.40
 Change =>                       0.17               -1.10
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 87,576 head of cattle.
SUPPLY (Live)  42,091 Hd
Equivalent:                   $362.98             $344.85
DEMAND (Box)   45,485 Hd*
Equivalent:                   $360.50             $335.94
Live-Box Spread:               $2.48               $8.91
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $372.50
                  Weight   Price     Head      : Se 600-900#          $347.94
  Live Steer:          1483   $238.37    21,577: Current Lds:           135.9
  Live Heifer:         1327   $237.80     6,769: Previous Lds:           75.2
  Drsd Steer:           975   $379.50    10,300
  Drsd Heifer:          865   $379.55     3,445
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.79
 Ch 600-900# :                 86.34%:         Steer Dressing % :      63.65%
 Ch 600-750# :                 34.90%:         Heifer Dressing %:      63.65%
 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 = 361.74                       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   $346.21   $358.39   $375.50   $372.82   $360.05
 Certified 1-3         5.93   $338.38   $350.56   $367.67   $364.99   $352.22
 Choice 1              3.35   $335.80   $347.98   $365.09   $362.41   $349.64
 Select 1            -14.29   $318.16   $330.34   $347.45   $344.77   $332.00
 Stndrd 1-3          -33.84   $298.61   $310.79   $327.90   $325.22   $312.45
 Prime 4               0.01   $332.46   $344.64   $361.75   $359.07   $346.30
 Choice 4            -12.45   $320.00   $332.18   $349.29   $346.61   $333.84
-----------------------------------------------------------------------------
*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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