USDA MARKET NEWS--AFTERNOON CATTLE REPORT    09/16/26  

DTN COMMENTS:

Some light (very light) cash cattle trade was noted in the North at $350  
but not enough cattle traded to say that any sort of an accurate test has been 
established yet for the week. But with the boards recent pressure, its 
anyones guess at this point whether or not the market will be able to 
achieve higher prices as initially hoped for.

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:     385
              WEEK TO DATE:     385
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB               *           -
  STEERS DRESSED DELIVERED     350    348.00-352.00   349.43
  STEERS DRESSED FOB            *           -
  HEIFERS LIVE FOB              *           -
  HEIFERS DRESSED DELIVERED     35    348.00-348.00   348.00
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

IOWA\MINNESOTA   
CONFIRMED CASH SALES-TODAY:     535
              WEEK TO DATE:     745
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB               *           -
  STEERS LIVE DELIVERED         *           -
  STEERS DRESSED DELIVERED     423    352.00-355.00   352.55
  STEERS DRESSED FOB            *           -
  HEIFERS LIVE FOB              *           -
  HEIFERS LIVE DELIVERED        *           -
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

 5 Area Daily Weighted Average  
   09/16/26             Avg    Avg
Steers Live FOB       Price Weight
Total All Grades         ---    ---

By-Product Drop Value       09/16/26
                       Est. Change
HIDE & OFFAL:      15.11   0.10

BEEF CARCASS EQUIVALENT INDEX ~ 09/16/26
 (600-900#)         CHOICE    Chg  SELECT      Chg    # HEAD
 AVG INDEX          $347.97   -0.21 $327.01     -0.96 94,245
 LIVE BASED         $332.14         $311.45           54,078
 BOX BASED          $363.81         $342.57           40,167
Live-Box Spread      -31.67         -31.12

DAILY BOXED BEEF CUTOUT AND BOXED BEEF CU09/16/26
BEEF CUTOUTS        CHOICE    Chg  SELECT      Chg
 (600-900#)         $375.81   -0.27 $354.57     -1.79
CH/SE SPREAD:        $21.24
            TOTAL    CH CUT SE CUT     TRIM   GROUND
LOADS:      119.40     73.06  14.58    16.01    15.75

MONDAYS: 
COMPREHENSIVE WKLY CUTOUT VALUE 
           WEEK ENDING      ####### $377.26

5-DAY ROLLING CUTTER COW CUTOUT  09/16/26
                             Value   Change
 CUTTER 90%  350# UP C/O:    334.38    -4.76

NATL BONELESS BEEF TRIM:    09/16/26
    loads    57.91
90% TRIM ld     24          WT AVG:  Change
                             428.00      ---

FI SLAUGHTER (KILL)        Week to
                              Kill     Date
                    Wed         102      313
              9/16  Prev Wk     109      220
                    Yr AGO      118      350

     -PREVIOUS DAY BREAKDOWN:
    STEERS/ HEIFERS       87    COWS/BULLS         21
WEEKLY CANADIAN CATTLE IMPORTS: 
                          FEEDER   SLAUGHTER S&H
Week Ending         09/05/26  1,038    8,198
Week Ending         08/29/26  1,317    8,298
Change Fm Previous Week        -279     -100