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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-07-23)

USDA U.S. Department of Agriculture - July 23, 2025

NW_LS410
Des Moines, IA     Wed, Jul 23, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $359.36             $339.24
 Change =>                      -2.38               -1.16
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 87,406 head of cattle.
SUPPLY (Live)  41,167 Hd
Equivalent:                   $363.21             $345.08
DEMAND (Box)   46,239 Hd*
Equivalent:                   $355.52             $333.39
Live-Box Spread:               $7.69              $11.69
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $367.52
                  Weight   Price     Head      : Se 600-900#          $345.39
  Live Steer:          1487   $238.61    20,894: Current Lds:           163.8
  Live Heifer:         1327   $237.89     6,578: Previous Lds:          135.9
  Drsd Steer:           975   $379.51    10,250
  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 %:      63.66%
 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 = 359.36                       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   $343.83   $356.01   $373.12   $370.44   $357.67
 Certified 1-3         5.93   $336.00   $348.18   $365.29   $362.61   $349.84
 Choice 1              3.35   $333.42   $345.60   $362.71   $360.03   $347.26
 Select 1            -14.29   $315.78   $327.96   $345.07   $342.39   $329.62
 Stndrd 1-3          -33.84   $296.23   $308.41   $325.52   $322.84   $310.07
 Prime 4               0.01   $330.08   $342.26   $359.37   $356.69   $343.92
 Choice 4            -12.45   $317.62   $329.80   $346.91   $344.23   $331.46
-----------------------------------------------------------------------------
*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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