USDA MARKET NEWS--AFTERNOON CATTLE REPORT    11/04/25

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:       0
    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:       0  WEEK TO DATE:       0
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    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:       0  WEEK TO DATE:       0
    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:  Another quiet day with the cash cattle trade at a 
complete standstill. Bids and asking prices are not established. Significant 
trade volume will likely be delayed until the second half of the week.

5-AREA LV STR AVG(NEG)PR&WT: $No Test      HIDE&OFFAL: $11.40 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD    
    SUPPLY (Live)      $351.05                $331.41          24,413
    DEMAND (Box)       $365.58                $349.25          44,773
    INDEX VALUE        $358.32  +0.03         $340.33  +1.53   69,186
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $377.58  -1.67         $361.25  +1.32
  117.07 LDS CH CUTS / 18.46 LDS SEL CUTS / 10.17 LDS TRIM / 20.92 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $16.33  TOTAL LOAD COUNT  167
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/31 $376.26 +5.40
 CUTTER 90%  350# UP C/O: $317.80 -2.60
 NAT'L BONELESS BF TRIM:  38.08 lds / Shrply hr on gd dem & mod offers
 90% TRIM: 13 lds: Wtd Avg: $401.55 / Sharply lower
FI KILL(WTD) TUE 118(227)  WK AGO 119(224)  YR AGO 125(246)
             -PREVIOUS DAY BREAKDOWN:  MONDAY  SH89 / CB20- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  10/18/25   1,069       9,288
  Week Ending:  10/11/25   3,014      10,492
   Change from prev week: -1,945      -1,204