USDA MARKET NEWS--AFTERNOON CATTLE REPORT    12/23/25

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:   1,789  WEEK TO DATE:   2,044
    STEERS LIVE FOB
          334         229.00-229.00       229.00-229.00       229.00
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          1,083       229.00-229.00       229.00-229.00       229.00
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:   1,602  WEEK TO DATE:   1,602
    STEERS DRESSED DELIVERED
          1,469       356.00-356.00       356.00-356.00       356.00
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          133         356.00-356.00       356.00-356.00       356.00
    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:     520  WEEK TO DATE:     618
    STEERS DRESSED DELIVERED
          No reportable dressed trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  A light trade was reported in parts of the South today at 
$229, $2 higher than last week's weighted average basis Kansas. Light trade 
was also reported in Nebraska at $356 to $357, steady to $1 lower than last 
week's weighted average.

5-AREA LV STR AVG(NEG)PR&WT: $229.00(1165) HIDE&OFFAL: $11.77 +0.01
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $347.69                $332.27          28,383
    DEMAND (Box)       $343.77                $337.59          42,229
    INDEX VALUE        $345.73  -3.57         $334.93  -0.57   70,612
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $355.77  -7.10         $349.59  -1.10
 107.91 LDS CH CUTS / 10.09 LDS SEL CUTS /  8.94 LDS TRIM / 11.30 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $ 6.18  TOTAL LOAD COUNT 138
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/19 $357.82 -3.70
 CUTTER 90%  350# UP C/O: $309.73 +1.09
 NAT'L BONELESS BF TRIM:  54.43 lds / Unevenly stdy w/mod dem & mod offers
90% TRIM: 19 lds: Wtd Avg:  $394.63 / Sharply higher
FI KILL(WTD) TUE 123(244)  WK AGO 121(231)  YR AGO  42(161)
             -PREVIOUS DAY BREAKDOWN:  MONDAY SH100 / 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