USDA MARKET NEWS--AFTERNOON CATTLE REPORT    08/26/26  

DTN COMMENTS:

Following Tuesdays light business, packers offered bids in the cash market 
on Wednesday, but trade sat mostly idle as packers dont want to see prices 
advance and obviously feedlot managers would like to see the market move 
higher. Bids were offered throughout the day in the South at $218 to $220, but 
Southern cattle are priced at mostly $223 to $225, and northern bids were 
offered throughout the day in Nebraska at $218 to $245. More trade will need to 
develop in the South, especially before the week is over. On Tuesday, Northern 
cattle traded at mostly $345, which is $10.00 lower than the previous weeks 
weighted average.
 
KANSAS    
CONFIRMED CASH SALES-TODAY:
              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:   2,361
              WEEK TO DATE:  22,246
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB             1,618   218.00-220.00   219.51
  STEERS DRESSED DELIVERED      251   343.00-345.00   344.16
  STEERS DRESSED FOB             72   345.00-345.00   345.00
  HEIFERS LIVE FOB              *           -
  HEIFERS DRESSED DELIVERED     *           -
  HEIFERS DRESSED FOB           408   346.00-346.00   346.00
 * = No reportable trade.

IOWA\MINNESOTA   
CONFIRMED CASH SALES-TODAY:   1,492
              WEEK TO DATE:  15,643
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB             1,005   220.00-220.00   220.00
  STEERS LIVE DELIVERED         *           -
  STEERS DRESSED DELIVERED      195   345.00-350.00   349.10
  STEERS DRESSED FOB            *           -
  HEIFERS LIVE FOB              150   216.00-219.00   217.60
  HEIFERS LIVE DELIVERED        *           -
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

 5 Area Daily Weighted Average  
   08/26/26             Avg    Avg
Steers Live FOB       Price Weight
Total All Grades      218.13  1,545

By-Product Drop Value       08/26/26
                       Est. Change
HIDE & OFFAL:      14.94   0.30

BEEF CARCASS EQUIVALENT INDEX ~ 08/26/26
 (600-900#)         CHOICE    Chg  SELECT      Chg    # HEAD
 AVG INDEX          $352.55   -3.52 $331.14     -5.12135,478
 LIVE BASED         $331.96         $311.90           97,988
 BOX BASED          $373.13         $350.38           37,490
Live-Box Spread      -41.17         -38.48

DAILY BOXED BEEF CUTOUT AND BOXED BEEF CU08/26/26
BEEF CUTOUTS        CHOICE    Chg  SELECT      Chg
 (600-900#)         $385.13    -3.4 $362.68      -6.3
CH/SE SPREAD:        $22.45
            TOTAL    CH CUT SE CUT     TRIM   GROUND
LOADS:      119.08     69.37  19.95     7.69    22.07

MONDAYS: 
COMPREHENSIVE WKLY CUTOUT VALUE 
           WEEK ENDING      08/24/2 $379.03

5-DAY ROLLING CUTTER COW CUTOUT  08/26/26
                             Value   Change
 CUTTER 90%  350# UP C/O:    346.85    -8.89

NATL BONELESS BEEF TRIM:    08/26/26
    loads    34.24
90% TRIM ld     14          WT AVG:  Change
                             446.16   -13.72

FI SLAUGHTER (KILL)        Week to
                              Kill     Date
                    Wed         105      310
              8/26  Prev Wk     106      309
                    Yr AGO      118      345

     -PREVIOUS DAY BREAKDOWN:
    STEERS/ HEIFERS       87    COWS/BULLS         20
WEEKLY CANADIAN CATTLE IMPORTS: 
                          FEEDER   SLAUGHTER S&H
Week Ending         08/15/26  1,124    7,943
Week Ending         08/08/26  1,329    5,954
Change Fm Previous Week        -205    1,989