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                 USDA MARKET NEWS--AFTERNOON CATTLE REPORT    11/25/14

              VOLUME   USDA TOTAL RANGE  DTN PRACTICAL RANGE    DTN WT AVG
   
KANSAS    CONFIRMED CASH SALES - TODAY:       0   WEEK T0 DATE:       0
STEERS    No reportable trade
HEIFERS   No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:      72   WEEK TO DATE:      72
STEERS    No reportable trade
HEIFERS   No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:     404   WEEK TO DATE:     469
STEERS    No reportable trade
HEIFERS   No reportable trade

COLORADO  CONFIRMED CASH SALES - TODAY:       0   WEEK TO DATE:       0
STEERS    No reportable trade
HEIFERS   No reportable trade

IOWA      CONFIRMED CASH SALES - TODAY:      71   WEEK TO DATE:     915
STEERS     33         267.00-267.00       267.00-267.00       267.00
HEIFERS   No reportable trade

COMMENTS: The feedlot trade remained at a standstill Tuesday, with both
both bids and asking prices poorly defined. Cash activity is expected to
surface sometime Wednesday.

5 AREA LV STR AVE PR&WT:  $170.00(1450)           / HIDE & OFFAL: $16.43 + 0.10
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF HEAD
 LIVE BASED           251.50              238.35               52,145
 BOX BASED            244.87              231.67               53,576
 AVE INDEX            248.19  +0.51       235.01  +0.63       105,721
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                      256.87  +1.17       243.67  +1.42
  74.55 LDS CH CUTS /  41.37 LDS SEL CUTS / 15.98  LDS TRIM / 22.16 LDS GROUND
BOXED BEEF TREND:  Higher on mod-fairly good dem; lite-mod offers
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/21 $251.58 +4.25
 CUTTER 90%  350# UP C/O: $233.92 -.18
 NAT'L BONELESS BF TRIM:  80.21 lds / Lower on lite-mod dem; mod offers
 90% TRIM:  39 lds/ WT AVG: $295.32 / Generally steady
*ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*.
FI KILL(WTD) TUE 113(228) WK AGO 112(223) YR AGO 124(249)  MIX: MON SH94/CB21

                       WEEKLY CANADIAN CATTLE IMPORTS.
                         FEEDERS     SLAUGHTER S&H
Week Ending:  11/08/14   17,176          8,959+
Week Ending:  10/25/14   15,968         11,688
Change from prev week:   +1,995         -2,017


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