USDA MARKET NEWS--AFTERNOON CATTLE REPORT    02/27/26

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:   3,784  WEEK TO DATE:  4,375
    STEERS LIVE FOB
          1,345       244.00-244.00       244.00-244.00       244.00
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          1,971       243.00-244.00       243.00-244.00       243.96
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:   5,879  WEEK TO DATE:  15,300
    STEERS DRESSED DELIVERED
          699         382.00-382.00       382.00-382.00       382.00
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          289         382.00-382.00       382.00-382.00       382.00
    HEIFERS DRESSED FOB
          No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:   1,224  WEEK TO DATE:   1,707
    STEERS LIVE FOB
          1,007       244.00-244.00       244.00-244.00       244.00
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          75          244.00-244.00       244.00-244.00       244.00
    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:   5,086  WEEK TO DATE:  16,530
    STEERS DRESSED DELIVERED
          622         378.00-383.00       382.00-383.00       381.04
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:   This week Northern dressed deals were marked at mostly 
$382 to $383, $5 to $6 lower than last week's weighted average. While 
Southern live business was marked at mostly $244, $5 lower than the previous 
week's weighted averages.

5-AREA LV STR AVG(NEG)PR&WT: $243.39(1589) HIDE&OFFAL: $12.15 +0.05
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $372.35                $363.18          82,424
    DEMAND (Box)       $367.84                $362.31          32,652
    INDEX VALUE        $370.10  +0.10         $362.75  +0.88  115,076
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $379.84  +1.95         $374.31  +3.52
  54.03 LDS CH CUTS /  4.41 LDS SEL CUTS /  6.80 LDS TRIM /  8.41 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $ 5.53  TOTAL LOAD COUNT  74
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/20 $367.12 +0.25
 CUTTER 90%  350# UP C/O: $333.90 +0.40
 NAT'L BONELESS BF TRIM:  22.96 lds / Shrply lr on lt dem & offers
90% TRIM: 00 lds: Wtd Avg: $No Test / Not fully established
FI KILL(WTD) FRI  86(513)  WK AGO  89(516)  YR AGO 107(568)
             SAT   3(516)  WK AGO   0(516)  YR AGO   1(569)
             -PREVIOUS DAY BREAKDOWN: THURSDAY SH82 / CB21- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  02/14/26   2,328      10,415
  Week Ending:  02/07/26   1,401      12,568
   Change from prev week:   +927      -2,153