USDA MARKET NEWS--AFTERNOON CATTLE REPORT    11/07/25

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:     570  WEEK TO DATE:   2,653
    STEERS LIVE FOB
          35          228.00-228.00       228.00-228.00       228.00
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB          
          208         229.00-230.00       229.00-230.00       229.50
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:     635  WEEK TO DATE:  24,005
    STEERS DRESSED DELIVERED
          308         355.00-355.00       355.00-355.00       355.00
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          205         355.00-355.00       355.00-355.00       355.00
    HEIFERS DRESSED FOB
          No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:   4,957
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade

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:     235  WEEK TO DATE:  26,183
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable dressed trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS: Just a little very light scattered trade was reported 
today. This week, Northern dressed deals have had a range of $355 to $365, 
mostly $360, $2 higher than last week's weighted average basis Nebraska. 
Southern live business has been done at $230 to $235, mostly $232, $4 below 
the prior week's weighted averages.

5-AREA LV STR AVG(NEG)PR&WT: $228.94(1570) HIDE&OFFAL: $11.40 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD    
    SUPPLY (Live)      $349.05                $329.40          63,921
    DEMAND (Box)       $364.40                $349.09          47,042
    INDEX VALUE        $356.72  -0.95         $339.25  +0.01  110,963
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $376.40  -1.57         $361.09  +0.33
  101.06 LDS CH CUTS / 13.65 LDS SEL CUTS /  5.59 LDS TRIM / 16.72 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $15.31  TOTAL LOAD COUNT  137
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/31 $376.26 +5.40
 CUTTER 90%  350# UP C/O: $320.01 +1.65
 NAT'L BONELESS BF TRIM:  36.73 lds / Gen stdy on mod dem & lt offers
 90% TRIM: 04 lds: Wtd Avg: $407.31 / Sharply higher on a light test
FI KILL(WTD) FRI  96(552)  WK AGO  98(555)  YR AGO 116(612)
             SAT   3(555)  WK AGO   4(559)  YR AGO   9(621)
            -PREVIOUS DAY BREAKDOWN:  THURSDAY  SH90 / CB22- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  10/25/25   2,143      13,510
  Week Ending:  10/18/25   1,069       9,288
   Change from prev week: +1,074      -4,222