NW_LS410
Des Moines, IA     Wed, Jun 03, 2026     USDA Market News

USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE

                             CHOICE              SELECT
Index                       600-900#            600-900#
 Values =>                    $385.11             $374.95
 Change =>                       0.86               -0.22
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Current Index Reflects the Equivalent of 73,730 head of cattle.
SUPPLY (Live)  36,718 Hd
Equivalent:                   $386.36             $377.47
DEMAND (Box)   37,012 Hd*
Equivalent:                   $383.86             $372.43
Live-Box Spread:               $2.50               $5.04
----------------------------  Input Breakdown   -----------------------------
         National Daily Direct Cattle          :      Boxed Beef Cutouts
        (5 day accumulated wghtd avg)          : Ch 600-900#          $395.86
                  Weight   Price     Head      : Se 600-900#          $384.43
  Live Steer:          1545   $256.81    16,433: Current Lds:            91.0
  Live Heifer:         1362   $256.71     7,231: Previous Lds:          115.5
  Drsd Steer:          1010   $405.25     9,674
  Drsd Heifer:          903   $405.22     3,380
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      Grading % Breakdown            :         Drop Credit      :       14.65
 Ch 600-900# :                 86.79%:         Steer Dressing % :      63.40%
 Ch 600-750# :                 35.08%:         Heifer Dressing %:      63.32%
 Ch 750-900# :                 51.71%:         Processing Cost  :       12.00
 Se 600-900# :                 13.21%:         Slaughter Cost   :       50.50
 Se 600-750# :                  3.45%:
 Se 750-900# :                  9.76%:
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 Equivalent Values for Outlying Beef Carcass Types
 Basis Value = 385.11                       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            12.19   $368.01   $380.19   $397.30   $394.62   $381.85
 Certified 1-3         5.55   $361.37   $373.55   $390.66   $387.98   $375.21
 Choice 1              3.35   $359.17   $371.35   $388.46   $385.78   $373.01
 Select 1             -5.01   $350.81   $362.99   $380.10   $377.42   $364.65
 Stndrd 1-3          -31.84   $323.98   $336.16   $353.27   $350.59   $337.82
 Prime 4              -1.93   $353.89   $366.07   $383.18   $380.50   $367.73
 Choice 4            -12.82   $343.00   $355.18   $372.29   $369.61   $356.84
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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