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           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    05/14/26

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:   1,296  WEEK TO DATE:   9,313
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          590         265.00-265.00       265.00-265.00       265.00
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:   4,515  WEEK TO DATE:  29,298
    STEERS DRESSED DELIVERED
          1,427       415.00-415.00       415.00-415.00       415.00
    STEERS DRESSED FOB
          319         415.00-415.00       415.00-415.00       415.00
    HEIFERS DRESSED DELIVERED
          637         415.00-415.00       415.00-415.00       415.00
    HEIFERS DRESSED FOB
          108         415.00-415.00       415.00-415.00       415.00

TEXAS     CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:   3,210
    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:   2,256  WEEK TO DATE:  25,481
    STEERS DRESSED DELIVERED
          323         410.00-415.00       410.00-415.00       412.06
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable dressed trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  Another round of light trade today with dressed deals in 
Nebraska and Iowa marked at $410 to $415, just a handful of heifers were 
reported in Kansas at $265. So far this week, business has had some fairly 
wide ranges. Northern dressed deals have sported a full range of $400 to 
$415, it is looking like it was mostly $410 to $415, $7 to $12 higher than 
last week's weighted averages basis Nebraska. Southern live deals have had a 
range of $260 to $265, mostly $260 to $262, $3 to $5 higher than the prior 
week's weighted averages.

5-AREA LV STR AVG(NEG)PR&WT: $263.17(1578)  HIDE&OFFAL: $14.70 +0.68
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $389.61                $382.07         122,046
    DEMAND (Box)       $375.45                $377.00          40,152
    INDEX VALUE        $382.53  +0.11         $379.54  +0.94  162,198
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $387.45  -1.23         $389.00  +0.42
  74.81 LDS CH CUTS /  5.86 LDS SEL CUTS / 10.77 LDS TRIM /  7.58 LDS GROUND
DAILY CHOICE/SELECT SPREAD ($1.55)  TOTAL LOAD COUNT  99
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/08 $391.69 +1.29
 CUTTER 90%  350# UP C/O: $358.58 +2.81
 NAT'L BONELESS BF TRIM:  21.82 lds / Mostly modly hr on mod-gd dem &mod offer
90% TRIM: 05 lds: Wtd Avg: $458.24  / Sharply higher
FI KILL(WTD) THU 108(426)  WK AGO 109(422)  YR AGO 122(460)
            -PREVIOUS DAY BREAKDOWN: Wednesday  SH86 / CB22-
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  05/02/26   4,003       6,817
  Week Ending:  04/25/26   2,454      10,048
  Change from prev week:  -1,101      +1,941

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