USDA MARKET NEWS--AFTERNOON CATTLE REPORT    09/21/26  

DTN COMMENTS:

No cash cattle trade developed throughout the day and both bids and asking 
prices remain elusive at this point. 

Last week Northern dressed cattle traded at mostly $350, which is steady with 
the previous weeks weighted average and Southern live cattle traded at 
mostly $222, which is also steady with the previous weeks weighted average.


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:      60
              WEEK TO DATE:      60
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB               60    222.00-222.00   222.00
  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  
   09/21/26             Avg    Avg
Steers Live FOB       Price Weight
Total All Grades      220.96  1,558

By-Product Drop Value       09/21/26
                       Est. Change
HIDE & OFFAL:      15.10   0.09

BEEF CARCASS EQUIVALENT INDEX ~ 09/21/26
 (600-900#)         CHOICE    Chg  SELECT      Chg    # HEAD
 AVG INDEX          $347.18    1.64 $326.46      0.60 89,074
 LIVE BASED         $330.01         $309.16           54,185
 BOX BASED          $364.35         $343.77           34,889
Live-Box Spread      -34.34         -34.61

DAILY BOXED BEEF CUTOUT AND BOXED BEEF CU09/21/26
BEEF CUTOUTS        CHOICE    Chg  SELECT      Chg
 (600-900#)         $376.35    4.41 $355.77      2.51
CH/SE SPREAD:        $20.58
            TOTAL    CH CUT SE CUT     TRIM   GROUND
LOADS:       57.50     40.11   7.20     3.01     7.18

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

5-DAY ROLLING CUTTER COW CUTOUT  09/21/26
                             Value   Change
 CUTTER 90%  350# UP C/O:    329.42    42.87

NATL BONELESS BEEF TRIM:    09/21/26
    loads    23.05
90% TRIM ld     16          WT AVG:  Change
                             419.83    74.41

FI SLAUGHTER (KILL)        Week to
                              Kill     Date
                    Mon         105      105
              9/21  Prev Wk     103      103
                    Yr AGO      109      109

     -PREVIOUS DAY BREAKDOWN:
    STEERS/ HEIFERS       81    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