USDA MARKET NEWS--AFTERNOON CATTLE REPORT    11/03/26  

DTN COMMENTS:
Some light dressed cattle trade was noted Tuesday afternoon in Nebraska at 
$340, and the bulk of those sales were committed for delivery for the week of 
11/23/2026. It's too soon to say what the exact weekly trend will be, but it's 
safe to assume that it will be lower. And it's never a good sign when trade 
breaks out this early in the week for feedlot managers -- when cattle trade 
early in the week prices are typically lower. 


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:  2,307
              WEEK TO DATE:  2,307
                           Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB              *           -
  STEERS LIVE DELIVERED        *
  STEERS DRESSED DELIVERED   1,790   340.00-340.00   340.00
  STEERS DRESSED FOB           *           -
  HEIFERS LIVE FOB             *           -
  HEIFERS DRESSED DELIVERED    268   340.00-340.00   340.00
  HEIFERS DRESSED FOB          *           -
 * = No reportable trade.

IOWA\MINNESOTA   
CONFIRMED CASH SALES-TODAY:    615
              WEEK TO DATE:    615
                           Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB              495   215.00-215.00   215.00
  STEERS LIVE DELIVERED        *           -
  STEERS DRESSED DELIVERED     120   340.00-340.00   340.00
  STEERS DRESSED FOB           *           -
  HEIFERS LIVE FOB             *           -
  HEIFERS LIVE DELIVERED       *           -
  HEIFERS DRESSED DELIVERED    *           -
  HEIFERS DRESSED FOB          *           -
 * = No reportable trade.

 5 Area Daily Weighted Average  
   11/03/26            Avg    Avg
Steers Live FOB      Price Weight
Total All Grades        ---    ---

By-Product Drop Value      11/03/26
                      Est. Change
HIDE & OFFAL:     14.68  -0.01

BEEF CARCASS EQUIVALENT INDEX  11/03/26
 (600-900#)         CHOICE   Chg  SELECT      Chg    # HEAD
 AVG INDEX          $342.70   0.11 $329.94      1.73 98,254
 LIVE BASED         $332.17        $313.51           56,643
 BOX BASED          $353.23        $346.37           41,611
Live-Box Spread     -21.06         -32.86

DAILY BOXED BEEF CUTOUT AND BOXED BEEF C11/03/26
BEEF CUTOUTS        CHOICE   Chg  SELECT      Chg
 (600-900#)         $365.23   0.19 $358.37      3.43
CH/SE SPREAD:        $6.86
            TOTAL   CH CUT SE CUT     TRIM   GROUND
LOADS:      140.26   104.29   9.10    12.85    14.02

MONDAYS: 
COMPREHENSIVE WKLY CUTOUT VALUE 
           WEEK ENDING     11/02/2 $370.82

5-DAY ROLLING CUTTER COW CUTOUT  11/03/26
                            Value   Change
 CUTTER 90%  350# UP C/O:   296.93    -0.67

NATL BONELESS BEEF TRIM:   11/03/26
    loads    17.13
90% TRIM ld      0         WT AVG:  Change
                               ---      ---

FI SLAUGHTER (KILL)       Week to
                             Kill     Date
                    Tue        110      214
              11/3  Prev Wk    110      216
                    Yr AGO     119      230

     -PREVIOUS DAY BREAKDOWN:
    STEERS/ HEIFERS      85    COWS/BULLS         19
WEEKLY CANADIAN CATTLE IMPORTS: 
                          FEEDER  SLAUGHTER S&H
Week Ending         10/17/2  2,811    9,368
Week Ending         10/10/2  4,202    9,108
Change Fm Previous Week     -1,391      260