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           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    02/03/26

          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:       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

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:      80  WEEK TO DATE:      80
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable dressed trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  Another very quiet day with the cash trade at a virtual 
standstill. Bids and asking prices have yet to be established and 
significant trade volume will likely be delayed until the second half of the 
week.

5-AREA LV STR AVG(NEG)PR&WT: $No Test      HIDE&OFFAL: $11.73 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $362.60                $353.07          64,752
    DEMAND (Box)       $358.71                $355.23          33,861
    INDEX VALUE        $360.66  +1.28         $354.15  +1.18   98,613
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $370.71  +2.50         $367.23  +2.32
  93.07 LDS CH CUTS /  7.52 LDS SEL CUTS /  8.22 LDS TRIM /  8.83 LDS GROUND
DAILY CHOICE/SELECT SPREAD   $3.48  TOTAL LOAD COUNT 118
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/30 $366.55 +2.10
 CUTTER 90%  350# UP C/O: $323.05 -0.06
 NAT'L BONELESS BF TRIM:   8.22 lds / Mostly wk/lr on lt dem & lt-mod offers
90% TRIM: 00 lds: Wtd Avg: $No Test / Not fully established
FI KILL(WTD) TUE 115(223)  WK AGO 112(212)  YR AGO 122(235)
             -PREVIOUS DAY BREAKDOWN:  MONDAY  SH91 / CB17- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  01/17/26   2,066      12,388
  Week Ending:  01/10/26   1,279      10,235
   Change from prev week:   +787      +2,153