USDA MARKET NEWS--AFTERNOON CATTLE REPORT    11/05/25

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:     862  WEEK TO DATE:     985
    STEERS LIVE FOB
          409         232.00-232.00       232.00-232.00       232.00
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB          
          70          232.00-232.00       232.00-232.00       232.00
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:  18,032  WEEK TO DATE:  18,130
    STEERS DRESSED DELIVERED
          5,327       355.00-360.00       355.00-360.00       358.82
    STEERS DRESSED FOB
          1,341       358.00-362.00       358.00-362.00       359.63
    HEIFERS DRESSED DELIVERED
          1,683       357.00-360.00       357.00-360.00       359.42
    HEIFERS DRESSED FOB
          No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:   3,331  WEEK TO DATE:   3,366
    STEERS LIVE FOB
          797         232.00-232.00       232.00-232.00       232.00
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          240         232.00-232.00       232.00-232.00       232.00
    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:  13,194  WEEK TO DATE:  13,454
    STEERS DRESSED DELIVERED
          3,146       355.00-365.00       355.00-365.00       358.61
    STEERS DRESSED FOB
          360         360.00-360.00       360.00-360.00       360.00
    HEIFERS DRESSED DELIVERED
          69          358.00-358.00       358.00-358.00       358.00
    HEIFERS DRESSED FOB
          178         360.00-360.00       360.00-360.00       360.00

COMMENTS:  A light to moderate business was reported in North today 
with dressed deals at mostly $360, $2 higher than last week's weighted 
average basis Nebraska. A rather light trade was also reported in the South 
with live deals marked at $232, $4 below the prior week's weighted averages.

5-AREA LV STR AVG(NEG)PR&WT: $235.00(1350) HIDE&OFFAL: $11.40 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD    
    SUPPLY (Live)      $352.34                $332.70          16,920
    DEMAND (Box)       $366.26                $348.25          43,277
    INDEX VALUE        $359.30  +0.98         $340.47  +0.14   60,197
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $378.26  +0.68         $360.25  -1.00
   74.35 LDS CH CUTS / 12.23 LDS SEL CUTS / 10.55 LDS TRIM / 19.51 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $18.01  TOTAL LOAD COUNT  117
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/31 $376.26 +5.40
 CUTTER 90%  350# UP C/O: $320.01 +2.21
 NAT'L BONELESS BF TRIM:  26.82 lds / Shrply hr on gd dem & mod offers
 90% TRIM: 08 lds: Wtd Avg: $405.79 / Sharply higher
FI KILL(WTD) WED 117(344)  WK AGO 119(343)  YR AGO 125(371)
             -PREVIOUS DAY BREAKDOWN:  TUESDAY SH94 / CB24- 
                 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