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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-09-15)

USDA U.S. Department of Agriculture - September 15, 2025

NW_LS410
Des Moines, IA     Mon, Sep 15, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $374.90             $353.27
 Change =>                      -2.16               -0.64
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 90,457 head of cattle.
SUPPLY (Live)  42,999 Hd
Equivalent:                   $363.28             $339.74
DEMAND (Box)   47,458 Hd*
Equivalent:                   $386.53             $366.80
Live-Box Spread:             ($23.25)            ($27.06)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $398.53
                  Weight   Price     Head      : Se 600-900#          $378.80
  Live Steer:          1512   $239.43    23,903: Current Lds:           101.0
  Live Heifer:         1357   $239.51     9,156: Previous Lds:          127.8
  Drsd Steer:           990   $376.49     7,963
  Drsd Heifer:          894   $375.54     1,977
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.59
 Ch 600-900# :                 86.68%:         Steer Dressing % :      63.62%
 Ch 600-750# :                 35.04%:         Heifer Dressing %:      63.54%
 Ch 750-900# :                 51.64%:         Processing Cost  :       12.00
 Se 600-900# :                 13.32%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.48%:
 Se 750-900# :                  9.84%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 374.90                       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            17.12   $362.73   $374.91   $392.02   $389.34   $376.57
 Certified 1-3         5.93   $351.54   $363.72   $380.83   $378.15   $365.38
 Choice 1              3.35   $348.96   $361.14   $378.25   $375.57   $362.80
 Select 1            -19.73   $325.88   $338.06   $355.17   $352.49   $339.72
 Stndrd 1-3          -37.91   $307.70   $319.88   $336.99   $334.31   $321.54
 Prime 4               3.00   $348.61   $360.79   $377.90   $375.22   $362.45
 Choice 4            -12.82   $332.79   $344.97   $362.08   $359.40   $346.63
-----------------------------------------------------------------------------
*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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