USDA U.S. Department of Agriculture - September 22, 2025
NW_LS410
Des Moines, IA Mon, Sep 22, 2025 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $365.41 $344.52
Change => 0.14 2.09
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Current Index Reflects the Equivalent of 90,897 head of cattle.
SUPPLY (Live) 42,432 Hd
Equivalent: $361.42 $338.96
DEMAND (Box) 48,465 Hd*
Equivalent: $369.39 $350.09
Live-Box Spread: ($7.97) ($11.13)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $381.39
Weight Price Head : Se 600-900# $362.09
Live Steer: 1528 $237.40 21,638: Current Lds: 108.5
Live Heifer: 1345 $237.66 10,505: Previous Lds: 130.6
Drsd Steer: 995 $370.82 8,429
Drsd Heifer: 874 $372.03 1,860
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Grading % Breakdown : Drop Credit : 11.56
Ch 600-900# : 86.99%: Steer Dressing % : 63.69%
Ch 600-750# : 35.16%: Heifer Dressing %: 63.61%
Ch 750-900# : 51.82%: Processing Cost : 12.00
Se 600-900# : 13.01%: Slaughter Cost : 50.50
Se 600-750# : 3.40%:
Se 750-900# : 9.62%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 365.41 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -29.29 -17.11 -2.68 -15.45
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Prime 1-3 17.84 $353.96 $366.14 $383.25 $380.57 $367.80
Certified 1-3 5.93 $342.05 $354.23 $371.34 $368.66 $355.89
Choice 1 3.35 $339.47 $351.65 $368.76 $366.08 $353.31
Select 1 -18.65 $317.47 $329.65 $346.76 $344.08 $331.31
Stndrd 1-3 -37.34 $298.78 $310.96 $328.07 $325.39 $312.62
Prime 4 3.72 $339.84 $352.02 $369.13 $366.45 $353.68
Choice 4 -12.82 $323.30 $335.48 $352.59 $349.91 $337.14
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*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
