USDA MARKET NEWS--AFTERNOON CATTLE REPORT    11/28/25

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:    3,175   WEEK TO DATE:   3,347
    STEERS LIVE FOB
          2,368      216.00-220.50     216.00-220.50    220.05
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB          
            271      220.00-220.00     220.00-220.00    220.00
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:     0  WEEK TO DATE:  23,538
    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:    1,968  WEEK TO DATE:   4,629
    STEERS LIVE FOB
       1,118             215.00-220.00   215.00-220.00     219.62
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
         248             220.00-220.00   220.00-220.00     220.00
    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: 1,1012   WEEK TO DATE:  14,076
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable dressed trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS: There was a tick more cash cattle trade noted in the South at 
$220, which is $5.00 higher than the prices seen earlier this week but still 
$2.00 to $4.00 lower than last week's weighted average. Earlier in the week, 
Northern dressed cattle were trading at mostly $330, which is $13.00 lower 
than last week's weighted average.

5-AREA LV STR AVG(NEG)PR&WT: $207.56(1665) HIDE&OFFAL: $11.52 -0.04
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD    
    SUPPLY (Live)      $319.95                $300.72          55,526
    DEMAND (Box)       $354.82                $339.05         152,186
    INDEX VALUE        $337.99  -2.61         $319.88  -4.11  207,712
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $366.82  -1.46         $351.05  -4.46
  63.08 LDS CH CUTS /  5.50 LDS SEL CUTS /  7.35 LDS TRIM / 5.83 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $15.77  TOTAL LOAD COUNT  82
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/21 $371.92 -3.11
 CUTTER 90%  350# UP C/O: $315.36 +0.80
 NAT'L BONELESS BF TRIM:  13.32 lds / lower on lite demand/lite-mod offers
90% TRIM: 4 lds: Wtd Avg: $402.57
FI KILL(WTD) FRI 112(482)  WK AGO 105(578)  YR AGO 114(488)
             -PREVIOUS DAY BREAKDOWN: THR  SH0/ CB1                             
        
                 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