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                 USDA MARKET NEWS--AFTERNOON CATTLE REPORT    11/26/14

              VOLUME   USDA TOTAL RANGE  DTN PRACTICAL RANGE    DTN WT AVG
   
KANSAS    CONFIRMED CASH SALES - TODAY:   5,418   WEEK T0 DATE:   5,688
STEERS    2,915       172.00-173.00       172.00-173.00      172.97
HEIFERS   1,012       170.00-173.00       170.00-173.00      172.74

NEBRASKA  CONFIRMED CASH SALES - TODAY:   2,873   WEEK TO DATE:   3,025
STEERS    299         267.00-267.00       267.00-267.00      267.00
HEIFERS    70         267.00-267.00       267.00-267.00      267.00

TEXAS     CONFIRMED CASH SALES - TODAY:     143   WEEK TO DATE:     143
STEERS     35         173.00-173.00       173.00-173.00      173.00
HEIFERS   108         172.00-173.00       172.00-173.00      172.29

COLORADO  CONFIRMED CASH SALES - TODAY:     134   WEEK TO DATE:     134
STEERS    No reportable trade
HEIFERS   109         173.00-173.00       173.00-173.00      173.00

IOWA      CONFIRMED CASH SALES - TODAY:   2,201   WEEK TO DATE:   3,507
STEERS    306         267.00-268.00       267.00-268.00       267.71
HEIFERS   No reportable trade

COMMENTS: Light to moderate business developed in parts of Nebraska
and Kansas with live prices near steady with last week. More movement may be
necessary on Friday.

5 AREA LV STR AVE PR&WT:  $172.08(1369)           / HIDE & OFFAL: $16.48 + 0.05
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF HEAD
 LIVE BASED           251.43              238.28               52,424
 BOX BASED            245.13              232.00               54,800
 AVE INDEX            248.28  +0.09       235.14  +0.13       107,224
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                      256.13  +0.26       244.00  +0.33
  71.89 LDS CH CUTS /  30.40 LDS SEL CUTS / 38.00  LDS TRIM / 53.28 LDS GROUND
BOXED BEEF TREND:  Firm on lite-mod demand; lite offerings
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/21 $251.58 +4.25
 CUTTER 90%  350# UP C/O: $234.61 +.69
 NAT'L BONELESS BF TRIM:  44.48 lds / Lower on lite-mod dem; mod-heavy offers
 90% TRIM:   0 lds/ WT AVG: $xxxxx / xxxxxxxxxxxxxxxx
*ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*.
FI KILL(WTD) WED 115(347) WK AGO 106(329) YR AGO 124(373)  MIX: TUE SH95/CB22
                   Revised Tuesday 117(232)
                       WEEKLY CANADIAN CATTLE IMPORTS.
                         FEEDERS     SLAUGHTER S&H
Week Ending:  11/15/14   16,448         10,574
Week Ending:  11/08/14   17,176          8,959
Change from prev week:   -  728        + 1,615


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