USDA MARKET NEWS--AFTERNOON CATTLE REPORT    01/22/26

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:     274
    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:      85  WEEK TO DATE:      85
    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:     223  WEEK TO DATE:     910
    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:  Just a handful of live trade reported today Iowa, but the 
rest of cattle country was relatively quiet with just a few live bids noted 
in Western Nebraska at $232, but were passed. Some dressed asking prices were 
noted in Eastern Nebraska at $370. A more significant trade volume will be 
delayed until sometime tomorrow.

5-AREA LV STR AVG(NEG)PR&WT: $233.00(1450) HIDE&OFFAL: $Not available
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $353.47                $344.67          58,650
    DEMAND (Box)       $355.45                $349.79          38,991
    INDEX VALUE        $354.46  +0.84         $347.20  -0.19   97,641
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $367.45  +1.34         $361.73  -0.72
  62.91 LDS CH CUTS /  9.40 LDS SEL CUTS /  3.81 LDS TRIM / 19.16 LDS GROUND
DAILY CHOICE/SELECT SPREAD   $5.72  TOTAL LOAD COUNT  95
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/16 $360.93 +7.23
 CUTTER 90%  350# UP C/O: $316.86 +0.03
 NAT'L BONELESS BF TRIM:  15.64 lds / Shrply hr on gd dem & lt offers
90% TRIM: 06 lds: Wtd Avg: $404.45  / Unevenly steady
FI KILL(WTD) THU 114(447)  WK AGO 117(469)  YR AGO 123(481)
            -PREVIOUS DAY BREAKDOWN:  WEDNESDAY SH92 / CB22- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  01/10/26   1,279      10,235
  Week Ending:  01/03/26     317       4,889
   Change from prev week:   +962      +5,346