USDA MARKET NEWS--AFTERNOON CATTLE REPORT    03/31/26

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    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

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

IOWA      CONFIRMED CASH SALES - TODAY:      32  WEEK TO DATE:      32
    STEERS DRESSED DELIVERED
          No reportable dressed 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, just a handful of live deals were reported by 
Mandatory in Iowa at $238. Bids and asking prices have yet to be fully 
established, and significant trade volume will likely be delayed until the 
second half of the week.

5-AREA LV STR AVG(NEG)PR&WT: $No Test      HIDE&OFFAL: $12.46 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $355.36                $346.01          41,091
    DEMAND (Box)       $383.49                $380.93          37,203
    INDEX VALUE        $369.43  +0.72         $363.47  +0.98   78,294
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $395.49  +1.39         $392.93  +1.92
  68.55 LDS CH CUTS /  8.56 LDS SEL CUTS /  3.10 LDS TRIM / 15.40 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $2.56   TOTAL LOAD COUNT  96
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/27 $397.49 -1.31
 CUTTER 90%  350# UP C/O: $348.75 +1.62
 NAT'L BONELESS BF TRIM:  15.05 lds / Mstly shrply hr on mod-gd dem < offers
90% TRIM: 36 lds: Wtd Avg: $446.19  / Unevenly steady
FI KILL(WTD) TUE 108(217)  WK AGO 107(212)  YR AGO 123(226)
             -PREVIOUS DAY BREAKDOWN:  MONDAY  SH90 / CB19-
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  03/14/26   2,936       5,682
  Week Ending:  03/07/26   3,052       9,698
  Change from prev week:    -116      -4,016