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           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    11/11/26  

DTN COMMENTS:

No cash cattle trade developed throughout the day as packers continue sit on 
more inventory and will try to work the cash market lower again later in the 
week. 

KANSAS    
CONFIRMED CASH SALES-TODAY:Confidential
              WEEK TO DATE:
                           Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB              *           -
  STEERS LIVE DELIVERED        *           -
  HEIFERS LIVE FOB             *           -
  HEIFERS LIVE DELIVERED       *           -
 * = No reportable trade.

NEBRASKA   
CONFIRMED CASH SALES-TODAY:*
              WEEK TO DATE:*
                           Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB              *
  STEERS LIVE DELIVERED        *
  STEERS DRESSED DELIVERED     *
  STEERS DRESSED FOB           *           -
  HEIFERS LIVE FOB             *
  HEIFERS DRESSED DELIVERED    *
  HEIFERS DRESSED FOB          *           -
 * = No reportable trade.

IOWA\MINNESOTA   
CONFIRMED CASH SALES-TODAY:     74
              WEEK TO DATE:     74
                           Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB               74   210.00-210.00   210.00
  STEERS LIVE DELIVERED        *           -
  STEERS DRESSED DELIVERED     *           -
  STEERS DRESSED FOB           *           -
  HEIFERS LIVE FOB             *           -
  HEIFERS LIVE DELIVERED       *           -
  HEIFERS DRESSED DELIVERED    *           -
  HEIFERS DRESSED FOB          *           -
 * = No reportable trade.

 5 Area Daily Weighted Average  
   11/11/26            Avg    Avg
Steers Live FOB      Price Weight
Total All Grades        ---    ---

By-Product Drop Value      11/11/26
                      Est. Change
HIDE & OFFAL:     14.47  -0.05

BEEF CARCASS EQUIVALENT INDEX  11/11/26
 (600-900#)         CHOICE   Chg  SELECT      Chg    # HEAD
 AVG INDEX          $334.75  -1.32 $319.42     -2.04 96,298
 LIVE BASED         $321.25        $303.37           59,512
 BOX BASED          $348.26        $335.47           36,786
Live-Box Spread     -27.01         -32.10

DAILY BOXED BEEF CUTOUT AND BOXED BEEF C11/10/26
BEEF CUTOUTS        CHOICE   Chg  SELECT      Chg
 (600-900#)         $362.98   0.24 $351.62     -2.11
CH/SE SPREAD:       $11.36
            TOTAL   CH CUT SE CUT     TRIM   GROUND
LOADS:      111.12    83.01  11.07     6.09    10.95

MONDAYS: 
COMPREHENSIVE WKLY CUTOUT VALUE 
           WEEK ENDING     11/09/2 $366.62

5-DAY ROLLING CUTTER COW CUTOUT  11/11/26
                            Value   Change
 CUTTER 90%  350# UP C/O:   293.20    -3.46

NATL BONELESS BEEF TRIM:   11/11/26
    loads    30.16
90% TRIM ld     10         WT AVG:  Change
                            367.95      ---

FI SLAUGHTER (KILL)       Week to
                             Kill     Date
                    Wed        107      325
             11/11  Prev Wk    121      320
                    Yr AGO     325      349

     -PREVIOUS DAY BREAKDOWN:
    STEERS/ HEIFERS      89    COWS/BULLS         22
WEEKLY CANADIAN CATTLE IMPORTS: 
                          FEEDER  SLAUGHTER S&H
Week Ending         10/31/2  2,787   11,040
Week Ending         10/24/2  3,796    9,005
Change Fm Previous Week     -1,009    2,035