USDA MARKET NEWS--AFTERNOON CATTLE REPORT    12/05/25

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:     156
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:   3,552  WEEK TO DATE:  18,287
    STEERS DRESSED DELIVERED
          No reportable dressed trade
    STEERS DRESSED FOB
          No reportable dressed trade
    HEIFERS DRESSED DELIVERED
          No reportable dressed trade
    HEIFERS DRESSED FOB
          No reportable dressed trade

TEXAS     CONFIRMED CASH SALES - TODAY: NA Conf  WEEK TO DATE: NA Conf
    STEERS LIVE FOB
          NA Due to Confidentiality
    STEERS LIVE DELIVERED
          NA Due to Confidentiality
    HEIFERS LIVE FOB
          NA Due to Confidentiality
    HEIFERS LIVE DELIVERED
          NA Due to Confidentiality

COLORADO  CONFIRMED CASH SALES - TODAY: NA Conf  WEEK TO DATE: NA Conf
    STEERS LIVE FOB
          NA Due to Confidentiality
    STEERS LIVE DELIVERED
          NA Due to Confidentiality
    HEIFERS LIVE FOB
          NA Due to Confidentiality
    HEIFERS LIVE DELIVERED
          NA Due to Confidentiality

IOWA      CONFIRMED CASH SALES - TODAY:   1,654  WEEK TO DATE:  27,908
    STEERS DRESSED DELIVERED
          No reportable dressed trade
    STEERS DRESSED FOB
          No reportable dressed trade
    HEIFERS DRESSED DELIVERED
          No reportable dressed trade
    HEIFERS DRESSED FOB
          No reportable dressed trade

COMMENTS:  This week Northern dressed deals ranged from $340 to $345, 
$11 to $16 higher than last week's weighted averages. Private sources 
reported Texas live trade at $225 to $226.50, mostly $226, $8 higher than 
last week's weighted average. We did not pick up any trade in Kansas. 
Mandatory also did not report any business in that area, and in Texas they 
had no trade due to confidentiality.  

5-AREA LV STR AVG(NEG)PR&WT: $220.19(1586) HIDE&OFFAL: $11.74 +0.25
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD    
    SUPPLY (Live)      $331.26                $313.20          47,568
    DEMAND (Box)       $349.20                $335.39          49,291
    INDEX VALUE        $340.23  +1.25         $324.29  +0.54   96,347
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $361.20  -1.52         $347.39  -2.93
 125.12 LDS CH CUTS / 14.28 LDS SEL CUTS /  0.00 LDS TRIM / 12.24 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $13.81  TOTAL LOAD COUNT 152
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/28 $370.27 -1.65
 CUTTER 90%  350# UP C/O: $308.62 -2.16
 NAT'L BONELESS BF TRIM:  20.03 lds / Not fully established
90% TRIM: 06 lds: Wtd Avg: $393.96  / Sharply lower
FI KILL(WTD) FRI 115(590)  WK AGO 109(479)  YR AGO 118(603)
             SAT  10(600)  WK AGO  19(498)  YR AGO  11(614)
            -PREVIOUS DAY BREAKDOWN: THURSDAY  SH98 / CB23-                     
                
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  11/22/25   1,498      13,987
  Week Ending:  11/15/25   2,169      12,852
   Change from prev week:   -671      +1,135