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           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    10/15/25

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:     215
    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:      22
    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 in the country with the cash 
trade at a complete standstill. A few early asking prices were noted in 
parts of the South at $240-plus, but they are still not established in the 
North. Significant trade volume will likely be delayed until tomorrow and/or 
Friday.

5-AREA LV STR AVG(NEG)PR&WT: $No Test      HIDE&OFFAL: $11.16 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD    
    SUPPLY (Live)      $354.41                $333.27          44,173
    DEMAND (Box)       $354.48                $337.16          55,124
    INDEX VALUE        $354.44  +1.07         $335.21  -0.66   99,297
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $366.48  +2.06         $349.16  -1.39
  102.21 LDS CH CUTS / 15.09 LDS SEL CUTS / 20.85 LDS TRIM / 17.92 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $17.32  TOTAL LOAD COUNT 156
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/10 $367.21 -5.27
 CUTTER 90%  350# UP C/O: $331.42 +0.52
 NAT'L BONELESS BF TRIM:  41.44 lds / Gen stdy on mod dem & hvy offers
 90% TRIM: 28 lds: Wtd Avg: $424.34 / Firm to higher
FI KILL(WTD) WED 122(348)  WK AGO 118(335)  YR AGO 125(369)
             -PREVIOUS DAY BREAKDOWN: TUESDAY  SH96 / CB24- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  10/04/25   2,355      10,875
  Week Ending:  09/27/25   2,756       8,734
   Change from prev week:   -401      +2,141