USDA MARKET NEWS--AFTERNOON CATTLE REPORT    03/04/26

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:      0
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:     248  WEEK TO DATE:     248
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          248         380.00-380.00       380.00-380.00       380.00
    HEIFERS DRESSED FOB
          No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:       0
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade

IOWA      CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:       0
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS: Yet another quiet day in cash cattle country, with only a 
handful of heifers selling in Nebraska at $380, certainly not enough to 
establish any kind of a trend for the week. Asking prices have yet to be 
fully established and significant trade volume will likely be delayed until 
Thursday and/or Friday.

5-AREA LV STR AVG(NEG)PR&WT: $No Test      HIDE&OFFAL: $12.22 +0.01
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $366.09                $356.21          41,623
    DEMAND (Box)       $376.57                $368.35          31,034
    INDEX VALUE        $371.33  +0.23         $362.28  +0.86   72,657
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $388.57  +0.52         $380.35  +1.77
  64.25 LDS CH CUTS /  8.58 LDS SEL CUTS / 13.48 LDS TRIM /  6.13 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $ 8.22  TOTAL LOAD COUNT  92
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/27 $373.86 +6.74
 CUTTER 90%  350# UP C/O: $334.90 +2.68
 NAT'L BONELESS BF TRIM:  30.30 lds / Unvnly stdy w/mod dem & mod offers
90% TRIM: 15 lds: Wtd Avg: $433.26  / Sharply higher
FI KILL(WTD) WED 111(322)  WK AGO 107(324)  YR AGO 119(345)
             -PREVIOUS DAY BREAKDOWN: TUESDAY  SH89 / CB20- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  02/21/26   1,927       9,713
  Week Ending:  02/14/26   2,328      10,415
   Change from prev week:   -401        -702