USDA MARKET NEWS--AFTERNOON CATTLE REPORT    02/23/26

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:      0
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:       0
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:       0
    STEERS LIVE FOB
          No reportable trade
    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:       0  WEEK TO DATE:       0
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  A typically quiet Monday with the cash trade at a 
complete standstill. Bids and asking prices have not been established, and 
significant trade volume will be delayed until much later in the week.

5-AREA LV STR AVG(NEG)PR&WT: $246.96(1572) HIDE&OFFAL: $11.96 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $374.38                $365.21          60,122
    DEMAND (Box)       $357.22                $352.31          38,171
    INDEX VALUE        $365.80  +2.66         $358.76  +3.28   98,293
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $369.22  +2.52         $364.31  +3.57
  44.02 LDS CH CUTS /  7.54 LDS SEL CUTS /  9.84 LDS TRIM / 13.94 LDS GROUND
DAILY CHOICE/SELECT SPREAD   $4.91  TOTAL LOAD COUNT  75
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/20 $367.12 +0.25
 CUTTER 90%  350# UP C/O: $329.13 -2.69
 NAT'L BONELESS BF TRIM:  49.26 lds / Unevenly stdy with lt dem & mod offers
90% TRIM: 24 lds: Wtd Avg: $426.22  / Sharply lower
FI KILL(WTD) MON 106(106)  WK AGO  87( 87)  YR AGO  97( 97)
            -PREV DAY BREAKDOWN: FRI SH68/CB21  SAT SH0/CB0- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  02/07/26   1,401      12,568
  Week Ending:  01/31/26   1,634       9,483
   Change from prev week:   -233      +3,085