USDA MARKET NEWS--AFTERNOON CATTLE REPORT    02/18/26

          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:     139  WEEK TO DATE:     139
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          139         249.00-249.00       249.00-249.00       249.00
    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 near 
standstill. Bids and asking prices are still not fully established. 
Significant trade volume will likely be delayed until Thursday 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)      $371.64                $362.29          51,042
    DEMAND (Box)       $351.80                $348.63          33,080
    INDEX VALUE        $361.72  -0.49         $355.46  +0.19   84,122
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $363.80  -0.96         $360.63  +0.41
  79.49 LDS CH CUTS /  9.16 LDS SEL CUTS / 12.00 LDS TRIM /  9.96 LDS GROUND
DAILY CHOICE/SELECT SPREAD   $3.17  TOTAL LOAD COUNT 111
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/13 $366.87 +0.37
 CUTTER 90%  350# UP C/O: $330.86 +6.74
 NAT'L BONELESS BF TRIM:  66.73 lds / Shrply lr on lt dem & mod offers
90% TRIM: 08 lds: Wtd Avg:  $428.47 / Sharply higher
FI KILL(WTD) WED 113(315)  WK AGO 116(339)  YR AGO 118(328)
             -PREVIOUS DAY BREAKDOWN: TUESDAY  SH92 / CB23- 
                 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