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           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    09/22/26  

DTN COMMENTS:

No cash cattle trade developed throughout the day and both bids and asking 
prices remain elusive at this point as well. Its likely that trade will 
again be delayed until Thursday or Friday.

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 DRESSED DELIVERED      *           -
  STEERS DRESSED FOB            *           -
  HEIFERS LIVE FOB              *           -
  HEIFERS DRESSED DELIVERED     *           -
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

IOWA\MINNESOTA   
CONFIRMED CASH SALES-TODAY:     *
              WEEK TO DATE:      94
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB               *           -
  STEERS LIVE DELIVERED         *           -
  STEERS DRESSED DELIVERED      *           -
  STEERS DRESSED FOB            *           -
  HEIFERS LIVE FOB              *           -
  HEIFERS LIVE DELIVERED        *           -
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

 5 Area Daily Weighted Average  
   09/22/26             Avg    Avg
Steers Live FOB       Price Weight
Total All Grades      222.00  1,600

By-Product Drop Value       09/22/26
                       Est. Change
HIDE & OFFAL:      15.11   0.01

BEEF CARCASS EQUIVALENT INDEX ~ 09/22/26
 (600-900#)         CHOICE    Chg  SELECT      Chg    # HEAD
 AVG INDEX          $348.44    1.26 $327.49      1.03 89,472
 LIVE BASED         $329.99         $309.14           54,197
 BOX BASED          $366.89         $345.85           35,275
Live-Box Spread      -36.90         -36.71

DAILY BOXED BEEF CUTOUT AND BOXED BEEF CU09/22/26
BEEF CUTOUTS        CHOICE    Chg  SELECT      Chg
 (600-900#)         $378.89    2.54 $357.85      2.08
CH/SE SPREAD:        $21.04
            TOTAL    CH CUT SE CUT     TRIM   GROUND
LOADS:      106.27     83.56   6.35     4.96    11.40

MONDAYS: 
COMPREHENSIVE WKLY CUTOUT VALUE 
           WEEK ENDING      ####### $379.13

5-DAY ROLLING CUTTER COW CUTOUT  09/22/26
                             Value   Change
 CUTTER 90%  350# UP C/O:    328.34    -1.08

NATL BONELESS BEEF TRIM:    09/22/26
    loads    10.02
90% TRIM ldN/A              WT AVG:  Change
                                ---      ---

FI SLAUGHTER (KILL)        Week to
                              Kill     Date
                    Tue         105      210
              9/22  Prev Wk     108      211
                    Yr AGO      119      229

     -PREVIOUS DAY BREAKDOWN:
    STEERS/ HEIFERS       85    COWS/BULLS         20
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