USDA U.S. Department of Agriculture - September 25, 2025
NW_LS410
Des Moines, IA Thu, Sep 25, 2025 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $360.40 $339.91
Change => -3.04 -1.81
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Current Index Reflects the Equivalent of 96,129 head of cattle.
SUPPLY (Live) 43,276 Hd
Equivalent: $360.83 $338.37
DEMAND (Box) 52,853 Hd*
Equivalent: $359.97 $341.45
Live-Box Spread: $0.86 ($3.08)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $371.97
Weight Price Head : Se 600-900# $353.45
Live Steer: 1528 $237.30 20,333: Current Lds: 157.5
Live Heifer: 1345 $237.65 10,216: Previous Lds: 187.7
Drsd Steer: 993 $369.54 10,671
Drsd Heifer: 873 $371.36 2,056
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Grading % Breakdown : Drop Credit : 11.50
Ch 600-900# : 86.99%: Steer Dressing % : 63.74%
Ch 600-750# : 35.16%: Heifer Dressing %: 63.62%
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 = 360.40 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 $348.95 $361.13 $378.24 $375.56 $362.79
Certified 1-3 5.93 $337.04 $349.22 $366.33 $363.65 $350.88
Choice 1 3.35 $334.46 $346.64 $363.75 $361.07 $348.30
Select 1 -18.65 $312.46 $324.64 $341.75 $339.07 $326.30
Stndrd 1-3 -37.34 $293.77 $305.95 $323.06 $320.38 $307.61
Prime 4 3.72 $334.83 $347.01 $364.12 $361.44 $348.67
Choice 4 -12.82 $318.29 $330.47 $347.58 $344.90 $332.13
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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
