USDA MARKET NEWS--AFTERNOON CATTLE REPORT    02/17/26

          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

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:       0  WEEK TO DATE:      36
    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 quiet day with the cash cattle trade at a 
complete standstill. Bids and asking prices have yet to be established. 
Significant trade volume will likely be delayed until Wednesday or later.

5-AREA LV STR AVG(NEG)PR&WT: $No Test      HIDE&OFFAL: $11.90 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $371.67                $362.32          50,871
    DEMAND (Box)       $352.76                $348.22          32,403
    INDEX VALUE        $362.21  -1.50         $355.27  -0.49   83,274
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $364.76  -3.01         $360.22  -1.01
  94.68 LDS CH CUTS /  9.85 LDS SEL CUTS /  7.45 LDS TRIM /  7.49 LDS GROUND
DAILY CHOICE/SELECT SPREAD   $4.54  TOTAL LOAD COUNT 119
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/13 $366.87 +0.37
 CUTTER 90%  350# UP C/O: $324.12 -5.05
 NAT'L BONELESS BF TRIM:  25.56 lds / Modly/shrply lr on lt dem & lt-mod offer
90% TRIM: 04 lds: Wtd Avg:  $416.59 / Sharply lower
FI KILL(WTD) TUE 115(202)  WK AGO 116(223)  YR AGO 118(210)
             -PREVIOUS DAY BREAKDOWN:  MONDAY  SH69 / CB18- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  01/31/26   1,634       9,483
  Week Ending:  01/24/26   1,974      11,381
   Change from prev week:   -340      -1,898