USDA MARKET NEWS--AFTERNOON CATTLE REPORT    10/28/26  

DTN COMMENTS:
Some light cash cattle trade developed Wednesday afternoon in the North at $350 
to $352. And while it's early in the week to say that any sort of a trend has 
developed yet, a lower trend is obvious in that price range. Bids of $226 were 
offered throughout the day in Kansas, but no Southern trade was noted. Given 
that feedlot managers carried more supply into this week's trade, there's a 
chance that prices could indeed be lower. 


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:  4,934
              WEEK TO DATE:  4,934
                           Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB              *           -
  STEERS LIVE DELIVERED        *
  STEERS DRESSED DELIVERED   3,365   348.00-352.00   351.32
  STEERS DRESSED FOB           793   353.00-353.00   353.00
  HEIFERS LIVE FOB             314   224.00-225.00   224.36
  HEIFERS DRESSED DELIVERED    370   350.00-350.00   350.00
  HEIFERS DRESSED FOB           92   353.00-353.00   353.00
 * = No reportable trade.

IOWA\MINNESOTA   
CONFIRMED CASH SALES-TODAY:  6,156
              WEEK TO DATE:  7,130
                           Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB            3,206   224.00-225.00   224.16
  STEERS LIVE DELIVERED        *           -
  STEERS DRESSED DELIVERED   1,338   348.00-365.00   356.09
  STEERS DRESSED FOB           256   355.00-355.00   355.00
  HEIFERS LIVE FOB              72   224.00-225.00   224.56
  HEIFERS LIVE DELIVERED       420   360.00-360.00   360.00
  HEIFERS DRESSED FOB          *           -
 * = No reportable trade.

 5 Area Daily Weighted Average  
   10/28/26            Avg    Avg
Steers Live FOB      Price Weight
Total All Grades     230.00  1,535

By-Product Drop Value      10/28/26
                      Est. Change
HIDE & OFFAL:     14.87  -0.16

BEEF CARCASS EQUIVALENT INDEX  10/28/26
 (600-900#)         CHOICE   Chg  SELECT      Chg    # HEAD
 AVG INDEX          $348.23  -1.40 $331.30     -1.58 77,289
 LIVE BASED         $339.47        $319.35           35,152
 BOX BASED          $357.00        $343.25           42,137
Live-Box Spread     -17.53         -23.90

DAILY BOXED BEEF CUTOUT AND BOXED BEEF C10/28/26
BEEF CUTOUTS        CHOICE   Chg  SELECT      Chg
 (600-900#)         $369.00  -3.22 $355.25      -3.6
CH/SE SPREAD:       $13.75
            TOTAL   CH CUT SE CUT     TRIM   GROUND
LOADS:      106.70    63.57  16.65    10.08    16.40

MONDAYS: 
COMPREHENSIVE WKLY CUTOUT VALUE 
           WEEK ENDING     10/26/2 $371.93

5-DAY ROLLING CUTTER COW CUTOUT  10/28/26
                            Value   Change
 CUTTER 90%  350# UP C/O:   308.45     0.89

NATL BONELESS BEEF TRIM:   10/28/26
    loads    40.09
90% TRIM ld     10         WT AVG:  Change
                            389.90      ---

FI SLAUGHTER (KILL)       Week to
                             Kill     Date
                    Wed        109      325
             10/28  Prev Wk    110      327
                    Yr AGO     118      342

     -PREVIOUS DAY BREAKDOWN:
    STEERS/ HEIFERS      89    COWS/BULLS         21
WEEKLY CANADIAN CATTLE IMPORTS: 
                          FEEDER  SLAUGHTER S&H
Week Ending         10/17/2  2,811    9,368
Week Ending         10/10/2  4,202    9,108
Change Fm Previous Week     -1,391      260