USDA MARKET NEWS--AFTERNOON CATTLE REPORT    09/11/26  

DTN COMMENTS:

The market has only seen dressed cattle trade in the North so far today, but 
those cattle have traded at mostly $350, which is $5.00 to $6.00 higher than 
the previous weeks weighted average. Most of the cattle traded today in the 
North have been committed for delivery on the weeks of 9/21/2026 and 9/28/2026. 
There have been bids of $224 offered throughout the day in the South  but at 
this point in time still no Southern live cattle have traded.

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:  10,939
              WEEK TO DATE:  11,060
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB            3,080    222.00-225.00   223.69
  STEERS DRESSED DELIVERED   4,861    350.00-350.00   350.00
  STEERS DRESSED FOB           830    350.00-350.00   350.00
  HEIFERS LIVE FOB           1,100    223.00-224.00   223.70
  HEIFERS DRESSED DELIVERED    616    350.00-355.00   350.93
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

IOWA\MINNESOTA   
CONFIRMED CASH SALES-TODAY:  11,898
              WEEK TO DATE:  12,444
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB            4,388    222.00-224.00   222.35
  STEERS LIVE DELIVERED        105    221.00-221.00   221.00
  STEERS DRESSED DELIVERED   4,429    345.00-355.00   351.60
  STEERS DRESSED FOB           372    348.00-350.00   349.78
  HEIFERS LIVE FOB             761    220.00-223.00   221.87
  HEIFERS LIVE DELIVERED        *           -
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

 5 Area Daily Weighted Average  
   09/11/26             Avg    Avg
Steers Live FOB       Price Weight
Total All Grades      218.00  1,500

By-Product Drop Value       09/11/26
                       Est. Change
HIDE & OFFAL:      15.02  -0.04

BEEF CARCASS EQUIVALENT INDEX ~ 09/11/26
 (600-900#)         CHOICE    Chg  SELECT      Chg    # HEAD
 AVG INDEX          $346.01   -0.27 $324.60      1.48 65,949
 LIVE BASED         $328.08         $308.07           25,606
 BOX BASED          $363.94         $341.13           40,343
Live-Box Spread      -35.86         -33.06

DAILY BOXED BEEF CUTOUT AND BOXED BEEF CU09/11/26
BEEF CUTOUTS        CHOICE    Chg  SELECT      Chg
 (600-900#)         $375.94   -2.43 $353.13      1.07
CH/SE SPREAD:        $22.81
            TOTAL    CH CUT SE CUT     TRIM   GROUND
LOADS:      103.84     84.91   6.57     4.16     8.20

MONDAYS: 
COMPREHENSIVE WKLY CUTOUT VALUE 
           WEEK ENDING      ####### $377.19

5-DAY ROLLING CUTTER COW CUTOUT  09/11/26
                             Value   Change
 CUTTER 90%  350# UP C/O:    339.99     1.78

NATL BONELESS BEEF TRIM:    09/11/26
    loads    16.90
90% TRIM ldN/A              WT AVG:  Change
                                ---      ---

FI SLAUGHTER (KILL)        Week to
                              Kill     Date
                    Fri         106      435
              9/11  Prev Wk      97      509
                    Yr AGO      101      566

     -PREVIOUS DAY BREAKDOWN:
    STEERS/ HEIFERS       87    COWS/BULLS         22
WEEKLY CANADIAN CATTLE IMPORTS: 
                          FEEDER   SLAUGHTER S&H
Week Ending         08/29/26  1,317    8,298
Week Ending         08/22/26  1,683    8,010
Change Fm Previous Week        -366      288