USDA MARKET NEWS--AFTERNOON CATTLE REPORT    12/02/25

          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:       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: 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:     222  WEEK TO DATE:     222
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  It was another rather quiet day with the cash trade at a 
virtual standstill. A few early asking prices were noted in parts of Texas at 
$225, but bids remain very elusive. Significant trade volume will likely be 
delayed until later in the week.

5-AREA LV STR AVG(NEG)PR&WT: $215.00(1673) HIDE&OFFAL: $11.52 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD    
    SUPPLY (Live)      $319.59                $301.53          47,937
    DEMAND (Box)       $352.72                $338.78          51,065
    INDEX VALUE        $336.16  -2.28         $320.15  -3.76   99,002
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $364.72  -4.17         $350.78  -7.10
  79.50 LDS CH CUTS / 13.63 LDS SEL CUTS /  6.91 LDS TRIM / 15.00 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $13.94  TOTAL LOAD COUNT 115
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/28 $370.27 -1.65
 CUTTER 90%  350# UP C/O: $312.93 +0.37
 NAT'L BONELESS BF TRIM:  15.54 lds / Shrply lr on lt dem & lt-mod offers
90% TRIM: 06 lds: Wtd Avg: $399.62  / Unevenly steady
FI KILL(WTD) TUE 122(237)  WK AGO 125(245)  YR AGO 127(243)
             -PREVIOUS DAY BREAKDOWN: TUESDAY  SH98 / CB17-                     
                
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  11/15/25   2,169      12,852
  Week Ending:  11/08/25   2,247      12,485
   Change from prev week:    -78        +367