USDA MARKET NEWS--AFTERNOON CATTLE REPORT    12/16/25

          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: 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:       0  WEEK TO DATE:      36
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  Another very quiet day with the cash cattle trade at a 
complete standstill. Some early asking prices were noted in parts of the 
South at $233-plus, but they have yet to be established in the North. Bids 
remain very elusive. Significant trade volume will be delayed until Wednesday 
or more likely a little later in the week.

5-AREA LV STR AVG(NEG)PR&WT: $No Test      HIDE&OFFAL: $11.82 +0.06
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $346.98                $330.49          81,493
    DEMAND (Box)       $346.88                $337.10          49,191
    INDEX VALUE        $346.93  -0.32         $333.80  +0.88  130,684
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $358.88  -0.58         $349.10  +1.80
  68.69 LDS CH CUTS / 13.62 LDS SEL CUTS / 27.63 LDS TRIM /  9.47 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $ 9.78  TOTAL LOAD COUNT 119
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/12 $361.52 -4.88
 CUTTER 90%  350# UP C/O: $307.38 -0.66
 NAT'L BONELESS BF TRIM:  48.57 lds / Mostly shrply lr on lt dem & hvy offers
90% TRIM: 09 lds: Wtd Avg:  $390.53 / Weak to lower
FI KILL(WTD) TUE 121(231)  WK AGO 123(238)  YR AGO 123(240)
             -PREVIOUS DAY BREAKDOWN:  MONDAY  SH91 / CB19-                     
                
                 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