USDA MARKET NEWS--AFTERNOON CATTLE REPORT    02/19/26

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:      80  WEEK TO DATE:     80
    STEERS LIVE FOB
          80          247.00-247.00       247.00-247.00       247.00
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:   7,162  WEEK TO DATE:   7,162
    STEERS DRESSED DELIVERED
          5,009       388.00-388.50       388.00-388.00       388.02
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          940         387.00-388.00       387.00-388.00       387.94
    HEIFERS DRESSED FOB
          No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:     184
    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:  13,487  WEEK TO DATE:  13,724
    STEERS DRESSED DELIVERED
          2,921       380.00-388.00       386.00-388.00       387.70
    STEERS DRESSED FOB
          140         382.00-386.00       384.00-386.00       384.00
    HEIFERS DRESSED DELIVERED
          338         388.00-388.00       388.00-388.00       388.00
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  At the time of this close only a small amount of trade 
had been reported. Northern dressed deals were marked at $388, $7 higher 
than last week's weighted average, basis Nebraska. Private sources reported 
some very scattered Southern live business marked at $249, $1 higher than 
the previous week. We will continue to watch for more business to develop 
and will report it here as we find it.

UPDATE

16:10 - A more significant live trade is now being reported in both the 
North and the South at steady money with what is noted above.

5-AREA LV STR AVG(NEG)PR&WT: $241.01(1543) HIDE&OFFAL: $11.96 +0.04
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $371.58                $362.23          50,993
    DEMAND (Box)       $354.70                $348.74          36,281
    INDEX VALUE        $363.141 +0.73         $355.48  +0.44   87,274
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $366.70  +1.53         $360.74  +0.95
  75.66 LDS CH CUTS /  4.41 LDS SEL CUTS / 21.32 LDS TRIM /  4.78 LDS GROUND
DAILY CHOICE/SELECT SPREAD   $5.96  TOTAL LOAD COUNT 106
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/13 $366.87 +0.37
 CUTTER 90%  350# UP C/O: $331.82 +0.60
 NAT'L BONELESS BF TRIM:  46.08 lds / Shrply lr on lt dem & hvy offers
90% TRIM: 14 lds: Wtd Avg: $431.35  / Sharply higher
FI KILL(WTD) FRI  89(516)  WK AGO  86(540)  YR AGO 108(550)
             SAT   0(516)  WK AGO   1(541)  YR AGO  15(565)
             -PREVIOUS DAY BREAKDOWN: THURSDAY SH90 / CB22- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  02/07/26   1,401      12,568
  Week Ending:  01/31/26   1,634       9,483
   Change from prev week:   -233      +3,085