USDA MARKET NEWS--AFTERNOON CATTLE REPORT    01/19/26

          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:       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

TEXAS     CONFIRMED CASH SALES - TODAY: NA Conf  WEEK TO DATE: NA Conf
    STEERS LIVE FOB
          NA Due to Confidentiality
    STEERS LIVE DELIVERED
          NA Due to Confidentiality
    HEIFERS LIVE FOB
          NA Due to Confidentiality
    HEIFERS LIVE DELIVERED
          NA Due to Confidentiality

COLORADO  CONFIRMED CASH SALES - TODAY: NA Conf  WEEK TO DATE: NA Conf
    STEERS LIVE FOB
          NA Due to Confidentiality
    STEERS LIVE DELIVERED
          NA Due to Confidentiality
    HEIFERS LIVE FOB
          NA Due to Confidentiality
    HEIFERS LIVE DELIVERED
          NA Due to Confidentiality

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:   It was a typical Monday with cash cattle country at a 
complete standstill. Bids and asking prices have yet to be established, and 
significant trade volume will likely be delayed until much later in the week.

5-AREA LV STR AVG(NEG)PR&WT: $232.44(1567) HIDE&OFFAL: $11.71 +0.07
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $353.23                $344.43          58,052
    DEMAND (Box)       $352.33                $348.33          44,577
    INDEX VALUE        $352.78  +1.93         $346.38  +1.30  102,629
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $364.33  +1.95         $360.33  +0.14
  43.41 LDS CH CUTS /  9.24 LDS SEL CUTS /  8.58 LDS TRIM / 20.44 LDS GROUND
DAILY CHOICE/SELECT SPREAD   $4.00  TOTAL LOAD COUNT  82
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/16 $360.93 +7.23
 CUTTER 90%  350# UP C/O: $316.59 -3.12
 NAT'L BONELESS BF TRIM:  36.78 lds / Mostly shrply lr on lt dem & mod offers
90% TRIM: 13 lds: Wtd Avg: $406.86  / Mostly sharply lower
FI KILL(WTD) MON 105(105)  WK AGO 114(114)  YR AGO 113(113)
            -PREV DAY BREAKDOWN: FRI SH69/CB23  SAT SH0/CB1- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  01/03/26     317       4,889
  Week Ending:  12/27/25     659       5,717
   Change from prev week:   -342        -828