USDA MARKET NEWS--AFTERNOON CATTLE REPORT    01/28/26

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:     146
    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:       0  WEEK TO DATE:       0
    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:       0  WEEK TO DATE:       0
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    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:      43  WEEK TO DATE:     330
    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:  Another very quiet day in cash cattle country with trade 
at a virtual standstill. Asking prices have not been established. A few live 
bids were noted in parts of Nebraska at $236. Significant trade volume will 
likely be delayed until Thursday and/or Friday.

5-AREA LV STR AVG(NEG)PR&WT: $No Test      HIDE&OFFAL: $11.71 +0.01
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $356.84                $347.67          58,972
    DEMAND (Box)       $357.74                $351.57          37,728
    INDEX VALUE        $357.29  +0.83         $349.62  -0.79   96,700
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $369.74  +1.63         $363.57  -1.62
  61.53 LDS CH CUTS /  7.94 LDS SEL CUTS /  5.55 LDS TRIM / 10.84 LDS GROUND
DAILY CHOICE/SELECT SPREAD   $6.17  TOTAL LOAD COUNT  86
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/23 $364.45 +3.52
 CUTTER 90%  350# UP C/O: $320.48 -0.18
 NAT'L BONELESS BF TRIM:  14.06 lds / Mstly shrply hr on mod-gd dem & lt offers
90% TRIM: 00 lds: Wtd Avg: $No Test / Not fully established
FI KILL(WTD) WED 112(324)  WK AGO 114(333)  YR AGO 125(362)
             **** REVISION ** TUE 472(898) ** REVISION ****
             -PREVIOUS DAY BREAKDOWN: TUESDAY  SH93 / CB19- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  01/17/26   2,066      12,388
  Week Ending:  01/10/26   1,279      10,235
   Change from prev week:   +787      +2,153