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           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    08/20/26  

DTN COMMENTS:

The cash cattle market saw bids offered throughout the day in both regions, but 
the days movement was light. So far this week the only strong test has been 
in the North where dressed cattle have traded at $355 to $356, which is $9.00 
to $10.00 lower than last weeks weighted average, and some live sales have 
been marked in the North at $255 as well. The South has yet to trade cattle, 
although bids were offered throughout the day in Kansas at $255. But given that 
packers were able to secure more inventory in recent weeks and with Friday 
releasing the monthly Cattle on Feed report  this weeks trade could be 
light in volume and slow to develop. Its also worth noting that the majority 
of the cattle that traded on Wednesday were marked for delivery on the week of 
September 7th. 

KANSAS    
CONFIRMED CASH SALES-TODAY:
              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:   1,849
              WEEK TO DATE:  17,208
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB               923   225.00-227.00   225.98
  STEERS DRESSED DELIVERED      532   355.00-356.00   355.71
  STEERS DRESSED FOB            *           -
  HEIFERS LIVE FOB              246   226.00-226.00   226.00
  HEIFERS DRESSED DELIVERED      78   356.00-356.00   356.00
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

IOWA\MINNESOTA   
CONFIRMED CASH SALES-TODAY:   2,750
              WEEK TO DATE:  20,864
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB               939   225.00-226.00   225.44
  STEERS LIVE DELIVERED         *           -
  STEERS DRESSED DELIVERED      818   355.00-356.00   355.15
  STEERS DRESSED FOB            *           -
  HEIFERS LIVE FOB              530   226.00-226.00   226.00
  HEIFERS LIVE DELIVERED        *           -
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

 5 Area Daily Weighted Average  
   08/20/26             Avg    Avg
Steers Live FOB       Price Weight
Total All Grades      225.23  1,566

By-Product Drop Value       08/20/26
                       Est. Change
HIDE & OFFAL:      14.40   0.08

BEEF CARCASS EQUIVALENT INDEX ~ 08/20/26
 (600-900#)         CHOICE    Chg  SELECT      Chg    # HEAD
 AVG INDEX          $358.50   -4.17 $335.88     -1.85104,050
 LIVE BASED         $339.08         $320.02           68,653
 BOX BASED          $377.93         $351.74           35,397
Live-Box Spread      -38.85         -31.72

DAILY BOXED BEEF CUTOUT AND BOXED BEEF CU08/20/26
BEEF CUTOUTS        CHOICE    Chg  SELECT      Chg
 (600-900#)         $389.93   -5.06 $363.74     -0.43
CH/SE SPREAD:        $26.19
            TOTAL    CH CUT SE CUT     TRIM   GROUND
LOADS:      114.01     88.85  14.17     4.13     6.86

MONDAYS: 
COMPREHENSIVE WKLY CUTOUT VALUE 
           WEEK ENDING      08/17/2 $371.14

5-DAY ROLLING CUTTER COW CUTOUT  08/20/26
                             Value   Change
 CUTTER 90%  350# UP C/O:    350.33    -0.26

NATL BONELESS BEEF TRIM:    08/20/26
    loads    12.16
90% TRIM ld      0          WT AVG:  Change
                                ---      ---

FI SLAUGHTER (KILL)        Week to
                              Kill     Date
                    Thu         103      412
              8/20  Prev Wk     106      416
                    Yr AGO      117      451

     -PREVIOUS DAY BREAKDOWN:
    STEERS/ HEIFERS       86    COWS/BULLS         20
WEEKLY CANADIAN CATTLE IMPORTS: 
                          FEEDER   SLAUGHTER S&H
Week Ending         08/08/26  1,329    5,954
Week Ending         08/01/26  1,416    6,373
Change Fm Previous Week         -87     -419

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