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

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

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

TEXAS     CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:     197
    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:   1,179  WEEK TO DATE:   1,249
    STEERS DRESSED DELIVERED
          No reportable dressed trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable dressed trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  A rather quiet day with just a handful of live trade 
reported by Mandatory in IA at $227. A few asking prices were noted in the 
South at $232-plus. Bids remain very elusive. Significant trade volume will 
likely be delayed until Wednesday or later.

5-AREA LV STR AVG(NEG)PR&WT: $228.00(1325) HIDE&OFFAL: $11.38 -0.02
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD    
    SUPPLY (Live)      $347.42                $327.77          57,596
    DEMAND (Box)       $367.22                $348.08          43,831
    INDEX VALUE        $357.32  +0.97         $337.93  +0.21  101,427
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $379.22  +1.90         $360.08  +0.38
   84.76 LDS CH CUTS / 18.39 LDS SEL CUTS /  6.33 LDS TRIM / 13.09 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $19.14  TOTAL LOAD COUNT  123
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/07 $377.86 +1.60
 CUTTER 90%  350# UP C/O: $317.78 -0.99
 NAT'L BONELESS BF TRIM:  24.65 lds / Weak to slightly lr on lt dem & offers
 90% TRIM: 04 lds: Wtd Avg: $404.92 / Unevely steady
FI KILL(WTD) TUE 116(229)  WK AGO 118(227)  YR AGO 122(235)
             -PREVIOUS DAY BREAKDOWN:  MONDAY  SH92 / CB21- 
                 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