USDA MARKET NEWS--AFTERNOON CATTLE REPORT    11/19/25

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:   1,632  WEEK TO DATE:   1,632
    STEERS LIVE FOB
          525         222.00-224.00       222.00-224.00       223.79
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB          
          539         222.00-224.00       222.00-224.00       223.81
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:  11,534  WEEK TO DATE:  11,534
    STEERS DRESSED DELIVERED
          5,098       338.00-347.00       338.00-347.00       343.46
    STEERS DRESSED FOB
          953         347.00-347.00       347.00-347.00       347.00
    HEIFERS DRESSED DELIVERED
          1,028       340.00-347.00       340.00-347.00       342.34
    HEIFERS DRESSED FOB
          No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:   1,045  WEEK TO DATE:   1,045
    STEERS LIVE FOB
          41          224.00-224.00       224.00-224.00       224.00
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          286         224.00-224.00       224.00-224.00       224.00
    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:   5,132  WEEK TO DATE:   6,036
    STEERS DRESSED DELIVERED
          1,687       340.00-347.00       340.00-347.00       344.34
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          265         340.00-345.00       340.00-345.00       344.25
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  A light trade was reported in most areas today. Northern 
dressed deals were marked at mostly $345, $6 lower than last week's weighted 
average. Southern live business was marked at mostly at $224, $4 lower than 
the prior week's weighted average.

5-AREA LV STR AVG(NEG)PR&WT: $220.00(1625) HIDE&OFFAL: $11.57 +0.03
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD    
    SUPPLY (Live)      $340.03                $320.72          44,331
    DEMAND (Box)       $359.23                $341.55          50,693
    INDEX VALUE        $349.63  -0.54         $331.13  -0.89   95,024
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $371.23  -0.72         $353.55  -1.40
  131.65 LDS CH CUTS / 32.46 LDS SEL CUTS /  7.16 LDS TRIM /  7.76 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $17.68  TOTAL LOAD COUNT  179
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/14 $375.03 -2.83
 CUTTER 90%  350# UP C/O: $316.11 +0.25
 NAT'L BONELESS BF TRIM:  22.13 lds / Unevenly stdy on lt dem & offers
 90% TRIM: 13 lds: Wtd Avg: $402.52 / Steady to firm
FI KILL(WTD) WED 120(357)  WK AGO 122(351)  YR AGO 125(372)
             -PREVIOUS DAY BREAKDOWN: TUESDAY  SH97 / CB24- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  11/08/25   2,247      12,485
  Week Ending:  11/01/25   1,188      14,885
   Change from prev week: +1,059      -2,400