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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-09-18)

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

NW_LS410
Des Moines, IA     Thu, Sep 18, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $368.97             $344.95
 Change =>                      -0.97               -2.32
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 76,466 head of cattle.
SUPPLY (Live)  28,766 Hd
Equivalent:                   $364.13             $340.59
DEMAND (Box)   47,700 Hd*
Equivalent:                   $373.81             $349.31
Live-Box Spread:              ($9.68)             ($8.72)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $385.81
                  Weight   Price     Head      : Se 600-900#          $361.31
  Live Steer:          1510   $239.46    18,017: Current Lds:            99.0
  Live Heifer:         1357   $239.73     7,634: Previous Lds:          141.9
  Drsd Steer:           969   $376.93     2,760
  Drsd Heifer:          891   $375.22       355
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.60
 Ch 600-900# :                 86.68%:         Steer Dressing % :      63.50%
 Ch 600-750# :                 35.04%:         Heifer Dressing %:      63.41%
 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 = 368.97                       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   $356.80   $368.98   $386.09   $383.41   $370.64
 Certified 1-3         5.93   $345.61   $357.79   $374.90   $372.22   $359.45
 Choice 1              3.35   $343.03   $355.21   $372.32   $369.64   $356.87
 Select 1            -19.73   $319.95   $332.13   $349.24   $346.56   $333.79
 Stndrd 1-3          -37.91   $301.77   $313.95   $331.06   $328.38   $315.61
 Prime 4               3.00   $342.68   $354.86   $371.97   $369.29   $356.52
 Choice 4            -12.82   $326.86   $339.04   $356.15   $353.47   $340.70
-----------------------------------------------------------------------------
*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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