USDA MARKET NEWS--AFTERNOON CATTLE REPORT    09/04/26  

DTN COMMENTS:

In the North dressed cash cattle prices were marked at $344 to $345, which is 
steady to $1.00 lower than the previous weeks weighted average, but Southern 
live cattle prices had a wide range of $219 to $223, which is $3.00 lower to 
$1.00 higher. So, it will be imperative to see where Mondays USDA reports 
come out on the exact weighted average for the week.

KANSAS    
CONFIRMED CASH SALES-TODAY: Confidential
              WEEK TO DATE:
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB               *           -
  STEERS LIVE DELIVERED         *           -
  HEIFERS LIVE FOB              *           -
  HEIFERS LIVE DELIVERED        *           -
 * = No reportable trade.

NEBRASKA   
CONFIRMED CASH SALES-TODAY:   1,126
              WEEK TO DATE:  15,678
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB              711    218.00-222.00   220.59
  STEERS DRESSED DELIVERED     180    343.00-343.00   343.00
  STEERS DRESSED FOB            *           -
  HEIFERS LIVE FOB             235    222.00-222.00   222.00
  HEIFERS DRESSED DELIVERED     *           -
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

IOWA\MINNESOTA   
CONFIRMED CASH SALES-TODAY:   2,983
              WEEK TO DATE:  16,271
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB            1,836    215.00-220.00   219.28
  STEERS LIVE DELIVERED         *           -
  STEERS DRESSED DELIVERED      *           -
  STEERS DRESSED FOB            *           -
  HEIFERS LIVE FOB              69    216.00-216.00   216.00
  HEIFERS LIVE DELIVERED        *           -
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

 5 Area Daily Weighted Average  
   09/04/26             Avg    Avg
Steers Live FOB       Price Weight
Total All Grades      218.00  1,568

By-Product Drop Value       09/04/26
                       Est. Change
HIDE & OFFAL:      14.93   Unch

BEEF CARCASS EQUIVALENT INDEX ~ 09/04/26
 (600-900#)         CHOICE    Chg  SELECT      Chg    # HEAD
 AVG INDEX          $345.38   -0.42 $325.01      2.52 94,840
 LIVE BASED         $326.59         $306.16           51,534
 BOX BASED          $364.17         $343.87           43,306
Live-Box Spread      -37.58         -37.71

DAILY BOXED BEEF CUTOUT AND BOXED BEEF CU09/04/26
BEEF CUTOUTS        CHOICE    Chg  SELECT      Chg
 (600-900#)         $376.17   -0.73 $355.87      5.15
CH/SE SPREAD:        $20.30
            TOTAL    CH CUT SE CUT     TRIM   GROUND
LOADS:       94.30     60.50   9.22    11.37    13.21

MONDAYS: 
COMPREHENSIVE WKLY CUTOUT VALUE 
           WEEK ENDING      ####### $384.01

5-DAY ROLLING CUTTER COW CUTOUT  09/04/26
                             Value   Change
 CUTTER 90%  350# UP C/O:    342.79    -1.40

NATL BONELESS BEEF TRIM:    09/04/26
    loads    50.61
90% TRIM ldN/A              WT AVG:  Change
                                ---      ---

FI SLAUGHTER (KILL)        Week to
                              Kill     Date
                    Fri          97      509
               9/4  Prev Wk     103      518
                    Yr AGO      119      487

     -PREVIOUS DAY BREAKDOWN:
    STEERS/ HEIFERS       84    COWS/BULLS         21
WEEKLY CANADIAN CATTLE IMPORTS: 
                          FEEDER   SLAUGHTER S&H
Week Ending         08/22/26  1,683    8,010
Week Ending         08/15/26  1,124    7,943
Change Fm Previous Week         559       67