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

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:   1,569  WEEK TO DATE:   2,410
    STEERS LIVE FOB
          1,230       230.00-237.50       230.00-237.50       235.50
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          233         230.00-230.00       230.00-230.00       230.00
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:   4,592  WEEK TO DATE:   4,592
    STEERS DRESSED DELIVERED
          2,655       376.00-382.00       376.00-382.00       378.94
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          403         380.00-380.00       380.00-380.00       380.00
    HEIFERS DRESSED FOB
          No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:     201  WEEK TO DATE:   2,545
    STEERS LIVE FOB
          201         226.00-230.00       228.00-230.00       228.23
    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:   6,818  WEEK TO DATE:   7,350
    STEERS DRESSED DELIVERED
          1,448       375.00-380.00       375.00-380.00       378.38
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          389         375.00-380.00       375.00-380.00       376.94
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  At the time of this close a light trade had been reported 
in parts of the North at mostly $380, about $1 higher than last week's 
weighted average basis Nebraska. Some very light Southern business was 
reported by Mandatory at mostly $230, generally steady with the rest of the 
week's very light sales, and steady to $1 higher than last week's weighted 
averages.

UPDATE:
16:45 - A light trade is developing in the South at $232, $1 to $2 higher 
than last week's weighted averages.

17:35 - It looks like business is completed for the week, but trade volume 
totals remain rather light for the week. Southern live deals had a range of 
$226 to $237.50, mostly $230 to $232, steady to $2 higher. Northern dressed 
sales had a range of $375 to $382, mostly $380, roughly $1 higher, basis 
Nebraska. 
 
5-AREA LV STR AVG(NEG)PR&WT:  $231.12(1453)  HIDE&OFFAL: $11.73 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD    
    SUPPLY (Live)      $364.06                $345.94          26,450
    DEMAND (Box)       $354.68                $332.87          45,650
    INDEX VALUE        $359.37  -0.19         $339.40  -0.55   72,100
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $366.68  -1.41         $344.87  -2.13
   66.69 LDS CH CUTS / 20.85 LDS SEL CUTS / 10.76 LDS TRIM /  6.71 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $21.81  TOTAL LOAD COUNT 105
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/18 $376.86 -10.68
 CUTTER 90%  350# UP C/O: $325.58 +0.31
 NAT'L BONELESS BF TRIM:  22.27 lds / Light demand & moderate offerings
 90% TRIM: 00 lds: Wtd Avg: No Test / Sharply lower
FI KILL(WTD) FRI  96(544)  WK AGO 101(559)  YR AGO 112(595)
             SAT   5(549)  WK AGO   4(563)  YR AGO  10(605)
             *PREVIOUS DAY BREAKDOWN: THURSDAY SH94 / CB20*
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  07/12/25   1,736       7,629
  Week Ending:  07/05/25   1,852       6,786
   Change from prev week:   -116        +843