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USDA - AMS: Beef Carcass Price Equivalent Index Value (2025-09-26)

USDA U.S. Department of Agriculture - September 26, 2025

NW_LS410
Des Moines, IA     Fri, Sep 26, 2025     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $358.01             $337.28
 Change =>                      -2.39               -2.63
-----------------------------------------------------------------------------
Current Index Reflects the Equivalent of 96,507 head of cattle.
SUPPLY (Live)  46,333 Hd
Equivalent:                   $356.58             $334.12
DEMAND (Box)   50,174 Hd*
Equivalent:                   $359.43             $340.44
Live-Box Spread:              ($2.85)             ($6.32)
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $371.43
                  Weight   Price     Head      : Se 600-900#          $352.44
  Live Steer:          1526   $234.35    21,306: Current Lds:            94.9
  Live Heifer:         1358   $235.62    11,065: Previous Lds:          157.5
  Drsd Steer:          1006   $365.28    11,567
  Drsd Heifer:          898   $365.36     2,395
-----------------------------------------------------------------------------
      Grading % Breakdown            :         Drop Credit      :       11.48
 Ch 600-900# :                 86.99%:         Steer Dressing % :      63.75%
 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%:
-----------------------------------------------------------------------------
 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 358.01                       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            17.84   $346.56   $358.74   $375.85   $373.17   $360.40
 Certified 1-3         5.93   $334.65   $346.83   $363.94   $361.26   $348.49
 Choice 1              3.35   $332.07   $344.25   $361.36   $358.68   $345.91
 Select 1            -18.65   $310.07   $322.25   $339.36   $336.68   $323.91
 Stndrd 1-3          -37.34   $291.38   $303.56   $320.67   $317.99   $305.22
 Prime 4               3.72   $332.44   $344.62   $361.73   $359.05   $346.28
 Choice 4            -12.82   $315.90   $328.08   $345.19   $342.51   $329.74
-----------------------------------------------------------------------------
*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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