USDA MARKET NEWS--AFTERNOON CATTLE REPORT    03/25/26

          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:     238  WEEK TO DATE:     278
    STEERS DRESSED DELIVERED
          40          372.00-372.00       372.00-372.00       372.00
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:      37
    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:      96
    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:   Another quiet day in cattle feeding country, with just a 
handful of dressed trade marked at $372 in Nebraska, certainly not enough to 
establish an accurate trend for the week. A few asking prices were noted in 
parts of Texas at $238 to $240. Bids have yet to be established. Significant 
trade volume will likely be delayed until Thursday and/or Friday.

5-AREA LV STR AVG(NEG)PR&WT: $236.00(1575) HIDE&OFFAL: $12.34 +0.02
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $357.55                $346.21          41,718
    DEMAND (Box)       $379.69                $383.49          34,788
    INDEX VALUE        $368.62  -4.14         $364.85  +0.47   76,506
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $391.69  -8.22         $395.49  +0.99
  97.10 LDS CH CUTS /  8.29 LDS SEL CUTS /  6.43 LDS TRIM / 11.15 LDS GROUND
DAILY CHOICE/SELECT SPREAD  -$3.80  TOTAL LOAD COUNT 123
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/20 $398.80 +8.14
 CUTTER 90%  350# UP C/O: $345.50 +2.47
 NAT'L BONELESS BF TRIM:  44.62 lds / Unevenly stdy on lt dem & offers
90% TRIM: 16 lds: Wtd Avg: $440.52  / Mostly modestly higher
FI KILL(WTD) WED 103(315)  WK AGO 105(308)  YR AGO 122(365)
             -PREVIOUS DAY BREAKDOWN: TUESDAY  SH84 / CB23-
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  03/07/26   3,052       9,698
  Week Ending:  02/28/26   2,424      11,320
   Change from prev week:   +628      +1,622