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           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    09/17/26  

DTN COMMENTS:

Throughout the day trade at $350 was noted in the North, but otherwise the cash 
market was rather uneventful. Dressed trade at $350 is steady with last 
weeks weighted average, and most of the cattle traded today were marked for 
delivery for the weeks of September 21st or September 28th. Bids of $220 were 
offered throughout the day in the South, but no Southern live deals were noted. 
More than anything the boards sharp deterioration on Thursday kept the cash 
market from trading higher, and whenever its a Cattle on Feed report week, 
the cash market typically sees some more cautiousness than normal ahead of the 
reports unveiling.

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:  11,617
              WEEK TO DATE:  19,429
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB            1,521    220.00-223.00   222.18
  STEERS DRESSED DELIVERED   6,316    348.00-355.00   350.09
  STEERS DRESSED FOB           222    350.00-350.00   350.00
  HEIFERS LIVE FOB             352    223.00-223.00   223.00
  HEIFERS DRESSED DELIVERED  1,671    350.00-350.00   350.00
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

IOWA\MINNESOTA   
CONFIRMED CASH SALES-TODAY:   7,589
              WEEK TO DATE:  13,807
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB            2,961    220.00-223.00   222.08
  STEERS LIVE DELIVERED         *           -
  STEERS DRESSED DELIVERED   2,318    348.00-355.00   350.00
  STEERS DRESSED FOB            76    348.00-348.00   348.00
  HEIFERS LIVE FOB           1,421    220.00-223.00   221.73
  HEIFERS LIVE DELIVERED        *           -
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

 5 Area Daily Weighted Average  
   09/17/26             Avg    Avg
Steers Live FOB       Price Weight
Total All Grades      222.17  1,590

By-Product Drop Value       09/17/26
                       Est. Change
HIDE & OFFAL:      15.06  -0.05

BEEF CARCASS EQUIVALENT INDEX ~ 09/17/26
 (600-900#)         CHOICE    Chg  SELECT      Chg    # HEAD
 AVG INDEX          $345.86   -2.11 $325.39     -1.62105,849
 LIVE BASED         $331.57         $310.89           66,652
 BOX BASED          $360.15         $339.88           39,197
Live-Box Spread      -28.58         -28.99

DAILY BOXED BEEF CUTOUT AND BOXED BEEF CU09/17/26
BEEF CUTOUTS        CHOICE    Chg  SELECT      Chg
 (600-900#)         $372.15   -3.66 $351.88     -2.69
CH/SE SPREAD:        $20.27
            TOTAL    CH CUT SE CUT     TRIM   GROUND
LOADS:      101.03     68.32   9.17     3.80    19.74

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

5-DAY ROLLING CUTTER COW CUTOUT  09/17/26
                             Value   Change
 CUTTER 90%  350# UP C/O:    332.61    -1.77

NATL BONELESS BEEF TRIM:    09/17/26
    loads     6.34
90% TRIM ldN/A              WT AVG:  Change
                                ---      ---

FI SLAUGHTER (KILL)        Week to
                              Kill     Date
                    Thu         107      420
              9/17  Prev Wk     109      329
                    Yr AGO      113      464

     -PREVIOUS DAY BREAKDOWN:
    STEERS/ HEIFERS       83    COWS/BULLS         19
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

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