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           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    08/18/26  

DTN COMMENTS:
No cash cattle trade developed throughout the day and both bids and asking 
prices remain elusive at this point. Late Monday afternoon, news broke that 
workers at the Cargill plant in Fort Morgan, Colorado, have agreed to come back 
to work after the union voted to ratify a contract that will increase wages. 
The plant has been closed since May but hopes to be processing cattle the week 
of Sept. 7. The plant has historically employed around 2,000 workers and has 
the capacity to process more than 4,000 head per day. This news has obviously 
come as a breath of fresh bullish air to the marketplace and is helping drive 
the cattle contracts higher.


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:   1,429
              WEEK TO DATE:   1,429
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB               *           -
  STEERS DRESSED DELIVERED      540   359.00-359.00   359.00
  STEERS DRESSED FOB            *           -
  HEIFERS LIVE FOB              *           -
  HEIFERS DRESSED DELIVERED     824   359.00-359.00   359.00
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

IOWA\MINNESOTA   
CONFIRMED CASH SALES-TODAY:     380
              WEEK TO DATE:     380
                            Volume  USDA TOTAL RANGE Wtd Avg
  STEERS LIVE FOB               380   226.00-226.00   226.00
  STEERS LIVE DELIVERED         *           -
  STEERS DRESSED DELIVERED      *           -
  STEERS DRESSED FOB            *           -
  HEIFERS LIVE FOB              *           -
  HEIFERS LIVE DELIVERED        *           -
  HEIFERS DRESSED FOB           *           -
 * = No reportable trade.

 5 Area Daily Weighted Average  
   08/18/26             Avg    Avg
Steers Live FOB       Price Weight
Total All Grades         ---    ---

By-Product Drop Value       08/18/26
                       Est. Change
HIDE & OFFAL:      14.28   Unch

BEEF CARCASS EQUIVALENT INDEX ~ 08/18/26
 (600-900#)         CHOICE    Chg  SELECT      Chg    # HEAD
 AVG INDEX          $360.95    5.69 $338.99      0.92 80,652
 LIVE BASED         $342.75         $323.69           43,730
 BOX BASED          $379.15         $354.29           36,922
Live-Box Spread      -36.40         -30.60

DAILY BOXED BEEF CUTOUT AND BOXED BEEF CU08/18/26
BEEF CUTOUTS        CHOICE    Chg  SELECT      Chg
 (600-900#)         $391.15   11.58 $366.29      2.03
CH/SE SPREAD:        $24.86
            TOTAL    CH CUT SE CUT     TRIM   GROUND
LOADS:      118.43     75.24  11.81    12.53    18.85

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

5-DAY ROLLING CUTTER COW CUTOUT  08/18/26
                             Value   Change
 CUTTER 90%  350# UP C/O:    356.45     4.06

NATL BONELESS BEEF TRIM:    08/18/26
    loads    26.76
90% TRIM ld      8          WT AVG:  Change
                             461.23     5.76

FI SLAUGHTER (KILL)        Week to
                              Kill     Date
                    Tue         106      203
              8/18  Prev Wk     108      204
                    Yr AGO      118      218

     -PREVIOUS DAY BREAKDOWN:
    STEERS/ HEIFERS       82    COWS/BULLS         15
WEEKLY CANADIAN CATTLE IMPORTS: 
                          FEEDER   SLAUGHTER S&H
Week Ending         08/01/26  1,416    6,373
Week Ending         07/25/26  1,826    6,367
Change Fm Previous Week        -410        6

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