USDA MARKET NEWS--AFTERNOON CATTLE REPORT    12/18/25

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:      50  WEEK TO DATE:     609
    STEERS LIVE FOB
          50          220.00-220.00       220.00-220.00       220.00
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:   7,532  WEEK TO DATE:   7,532
    STEERS DRESSED DELIVERED
          4,105       355.00-358.00       355.00-358.00       357.39
    STEERS DRESSED FOB
          163         358.00-358.00       358.00-358.00       358.00
    HEIFERS DRESSED DELIVERED
          1,006       358.00-358.00       358.00-358.00       358.00
    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:   6,889  WEEK TO DATE:   7,597
    STEERS DRESSED DELIVERED
          1,027       355.00-363.00       355.00-363.00       357.79
    STEERS DRESSED FOB
          320         358.00-358.00       358.00-358.00       358.00
    HEIFERS DRESSED DELIVERED
          200         355.00-358.00       355.00-358.00       356.80
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS: A light trade was reported in the North today with dressed 
deals at $355 to $363, mostly $358, $4 higher than last week's weighted 
average basis Nebraska. The South remained fairly quiet with just a few bids 
noted in parts of KS at $227. A more significant trade volume will be delayed 
until sometime Friday.

5-AREA LV STR AVG(NEG)PR&WT: $228.00(1676) HIDE&OFFAL: $11.83 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $349.89                $333.40          43,323
    DEMAND (Box)       $345.28                $331.97          45,899
    INDEX VALUE        $347.59  +2.04         $332.69  +0.22   89,222
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $357.28  +1.19         $343.97  -2.46
  63.40 LDS CH CUTS / 10.73 LDS SEL CUTS /  0.00 LDS TRIM / 14.44 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $13.31  TOTAL LOAD COUNT  89
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/12 $361.52 -4.88
 CUTTER 90%  350# UP C/O: $309.02 +0.40
 NAT'L BONELESS BF TRIM:  15.96 lds / Not Fully Established
90% TRIM: 08 lds: Wtd Avg:  $392.22 / Unevenly Steady
FI KILL(WTD) THU 123(472)  WK AGO 123(484)  YR AGO 122(484)
            -PREVIOUS DAY BREAKDOWN: WEDNESDAY  SH97 / CB21-                    
                 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  12/06/25   2,421      12,221
  Week Ending:  11/29/25   1,392      12,199
   Change from prev week: +1,029         +22