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           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    07/18/25

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:     984  WEEK TO DATE:   6,892
    STEERS LIVE FOB
          114         230.00-230.00       230.00-230.00       230.00
    STEERS LIVE DELIVERED
          259         240.00-240.00       240.00-240.00       240.00
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          470         240.00-240.00       240.00-240.00       240.00

NEBRASKA  CONFIRMED CASH SALES - TODAY:   4,526  WEEK TO DATE:  15,162
    STEERS DRESSED DELIVERED
          1,364       376.00-382.00       380.00-380.00       378.24
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          681         376.00-382.00       380.00-380.00       379.88
    HEIFERS DRESSED FOB
          No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:     396  WEEK TO DATE:   2,697
    STEERS LIVE FOB
          261         230.00-230.00       230.00-230.00       230.00
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          135         230.00-230.00       230.00-230.00       230.00
    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:   6,287  WEEK TO DATE:  11,716
    STEERS DRESSED DELIVERED
          667         376.00-380.00       376.00-380.00       379.18
    STEERS DRESSED FOB
          110         380.00-380.00       380.00-380.00       380.00
    HEIFERS DRESSED DELIVERED
          200         380.00-382.00       380.00-381.00       381.20
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  A light trade was reported today in most areas. This week 
Northern dressed transactions were marked at mostly $380, about $1 higher 
than last week's weighted average basis Nebraska. Southern live deals were 
done at mostly $230, steady to $1 higher than the previous week's weighted 
averages.
 
5-AREA LV STR AVG(NEG)PR&WT:  $236.39(1483)  HIDE&OFFAL: $11.70 +0.02
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD    
    SUPPLY (Live)      $361.35                $345.13          61,536
    DEMAND (Box)       $361.55                $339.49          47,796
    INDEX VALUE        $361.45  +0.33         $342.31  -0.98  109,332
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $373.55  +0.27         $351.49  -2.35
   71.58 LDS CH CUTS / 18.84 LDS SEL CUTS /  0.00 LDS TRIM / 12.36 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $22.06  TOTAL LOAD COUNT  103
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/11 $387.54 -1.10
 CUTTER 90%  350# UP C/O: $325.74 +0.07
 NAT'L BONELESS BF TRIM:   8.65 lds / Not fully established
 90% TRIM: 00 lds: Wtd Avg: No Test / Sharply hr on a light test
FI KILL(WTD) FRI 101(559)  WK AGO 101(565)  YR AGO 101(579)
             SAT   4(563)  WK AGO   3(568)  YR AGO  10(589)
            *PREVIOUS DAY BREAKDOWN:  THURSDAY  SH97 / CB21*
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  07/05/25   1,852       6,786
  Week Ending:  06/28/25   1,708      12,007
   Change from prev week:   +144      -5,221