USDA MARKET NEWS--AFTERNOON CATTLE REPORT    12/11/25

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:   3,512  WEEK TO DATE:   3,653
    STEERS LIVE FOB
          2,078       230.00-230.00       230.00-230.00       230.00
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          718         227.00-230.00       227.00-230.00       229.31
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:   4,261  WEEK TO DATE:  21,187
    STEERS DRESSED DELIVERED
          386         355.00-355.00       355.00-355.00       355.00
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          200         355.00-355.00       355.00-355.00       355.00
    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:   4,380  WEEK TO DATE:  27,634
    STEERS DRESSED DELIVERED
          120         355.00-355.00       355.00-355.00       355.00
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          78          355.00-355.00       355.00-355.00       355.00
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  A light trade was reported in Kansas today at $230, $6 
higher than last week's weighted average. Private sources reported light 
sales in Texas also at $230, $6 higher than last week.  

Another round of light transactions was reported sold in parts of North at 
$355, $12 higher than last week's weighted average. Light to moderate 
business took place in parts of the North late yesterday (NE 16,926 head; IA 
23,219 head) with live deals sporting a range of $350 to $355. It looks like 
most of these deals were done around $352 to $354, $9 to $11 higher than last 
week's weighted average basis Nebraska.

5-AREA LV STR AVG(NEG)PR&WT: $226.32(1586) HIDE&OFFAL: $11.77 +0.02
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD    
    SUPPLY (Live)      $336.16                $319.25          98,749
    DEMAND (Box)       $346.11                $331.46          53,006
    INDEX VALUE        $341.14  +1.23         $325.36  +1.15  151,755
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $358.11  -1.25         $343.46  -1.42
  74.03 LDS CH CUTS / 17.73 LDS SEL CUTS / 45.71 LDS TRIM / 13.42 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $14.65  TOTAL LOAD COUNT 151
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/05 $366.40 -3.87
 CUTTER 90%  350# UP C/O: $308.14 -1.01
 NAT'L BONELESS BF TRIM:  98.53 lds / Mostly shrply lr on lt dem & hvy offers
90% TRIM: 21 lds: Wtd Avg: $394.12  / Moderately lower
FI KILL(WTD) THU 123(484)  WK AGO 121(475)  YR AGO 125(489)
            -PREVIOUS DAY BREAKDOWN: Wednesday SH101 / CB22-                    
                 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  11/29/25   1,392      12,199
  Week Ending:  11/22/25   1,498      13,987
   Change from prev week:   -106      -1,788