USDA U.S. Department of Agriculture - September 24, 2025
NW_LS410
Des Moines, IA Wed, Sep 24, 2025 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $363.44 $341.72
Change => -1.72 -1.75
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Current Index Reflects the Equivalent of 90,847 head of cattle.
SUPPLY (Live) 42,383 Hd
Equivalent: $361.49 $339.03
DEMAND (Box) 48,464 Hd*
Equivalent: $365.39 $344.42
Live-Box Spread: ($3.90) ($5.39)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $377.39
Weight Price Head : Se 600-900# $356.42
Live Steer: 1527 $237.36 21,607: Current Lds: 187.7
Live Heifer: 1345 $237.66 10,505: Previous Lds: 120.4
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 = 363.44 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 $351.99 $364.17 $381.28 $378.60 $365.83
Certified 1-3 5.93 $340.08 $352.26 $369.37 $366.69 $353.92
Choice 1 3.35 $337.50 $349.68 $366.79 $364.11 $351.34
Select 1 -18.65 $315.50 $327.68 $344.79 $342.11 $329.34
Stndrd 1-3 -37.34 $296.81 $308.99 $326.10 $323.42 $310.65
Prime 4 3.72 $337.87 $350.05 $367.16 $364.48 $351.71
Choice 4 -12.82 $321.33 $333.51 $350.62 $347.94 $335.17
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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