USDA U.S. Department of Agriculture - September 23, 2025
NW_LS410
Des Moines, IA Tue, Sep 23, 2025 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $365.16 $343.47
Change => -0.25 -1.05
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Current Index Reflects the Equivalent of 87,484 head of cattle.
SUPPLY (Live) 42,455 Hd
Equivalent: $361.51 $339.05
DEMAND (Box) 45,029 Hd*
Equivalent: $368.80 $347.90
Live-Box Spread: ($7.29) ($8.85)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $380.80
Weight Price Head : Se 600-900# $359.90
Live Steer: 1528 $237.39 21,679: Current Lds: 120.4
Live Heifer: 1345 $237.66 10,505: Previous Lds: 108.5
Drsd Steer: 995 $370.79 8,411
Drsd Heifer: 874 $372.03 1,860
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Grading % Breakdown : Drop Credit : 11.50
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 = 365.16 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 $353.71 $365.89 $383.00 $380.32 $367.55
Certified 1-3 5.93 $341.80 $353.98 $371.09 $368.41 $355.64
Choice 1 3.35 $339.22 $351.40 $368.51 $365.83 $353.06
Select 1 -18.65 $317.22 $329.40 $346.51 $343.83 $331.06
Stndrd 1-3 -37.34 $298.53 $310.71 $327.82 $325.14 $312.37
Prime 4 3.72 $339.59 $351.77 $368.88 $366.20 $353.43
Choice 4 -12.82 $323.05 $335.23 $352.34 $349.66 $336.89
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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
