USDA MARKET NEWS--AFTERNOON CATTLE REPORT    01/16/26

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:   6,797  WEEK TO DATE:   6,907
    STEERS LIVE FOB
          4,137       230.00-233.00       230.00-233.00       232.95
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          1,530       232.00-233.00       232.00-233.00       232.88
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:  20,676  WEEK TO DATE:  20,893
    STEERS DRESSED DELIVERED
          5,832       363.00-368.00       363.00-368.00       364.96
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          1,631       360.00-365.00       360.00-365.00       364.78
    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:  15,503  WEEK TO DATE:  16,678
    STEERS DRESSED DELIVERED
          1,677       360.00-365.00       360.00-365.00       363.70
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          454         363.00-365.00       363.00-365.00       364.69
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  A light trade developed today with Southern live deals 
marked at $233, roughly steady with last week's weighted average basis 
Kansas, Texas trade was taken from private sources. Northern dressed deals 
were marked at $365, also steady with last week's weighted averages. 

5-AREA LV STR AVG(NEG)PR&WT: $234.81(1550) HIDE&OFFAL: $11.64 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $351.31                $341.96          34,192
    DEMAND (Box)       $350.38                $348.19          46,139
    INDEX VALUE        $350.85  +1.26         $345.08  +0.69   80,331
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $362.38  +1.61         $360.19  +0.48
  58.86 LDS CH CUTS /  7.88 LDS SEL CUTS /  9.05 LDS TRIM / 11.88 LDS GROUND
DAILY CHOICE/SELECT SPREAD   $2.19  TOTAL LOAD COUNT  88
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/09 $353.70 +11.55
 CUTTER 90%  350# UP C/O: $319.71 +4.32
 NAT'L BONELESS BF TRIM:  30.50 lds / Gen stdy on lt-mod dem & mod offers
90% TRIM: 08 lds: Wtd Avg: $412.21  / Mostly sharply higher
FI KILL(WTD) FRI  92(561)  WK AGO  86(551)  YR AGO 114(599)
             SAT   1(562)  WK AGO   2(553)  YR AGO   2(601)
             -PREVIOUS DAY BREAKDOWN: THURSDAY SH93 / CB24- 
                 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