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           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    01/14/26

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:     110
    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: 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

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:      78
    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:  All was quiet in cash cattle country again today with 
trade at a complete standstill. Bids and asking prices are still not 
established. Significant trade volume will be delayed until Thursday and/or 
Friday.

5-AREA LV STR AVG(NEG)PR&WT: $No Test      HIDE&OFFAL: $11.64 +0.02
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $350.34                $341.00          60,659
    DEMAND (Box)       $346.53                $345.65          53,648
    INDEX VALUE        $348.44  +0.25         $343.32  +0.21  114,307
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $358.53  +0.54         $357.65  +0.47
  82.76 LDS CH CUTS / 10.52 LDS SEL CUTS / 22.10 LDS TRIM / 14.02 LDS GROUND
DAILY CHOICE/SELECT SPREAD   $0.88  TOTAL LOAD COUNT  129
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/09 $353.70 +11.55
 CUTTER 90%  350# UP C/O: $313.06 -4.66
 NAT'L BONELESS BF TRIM:  54.29 lds / Unevenly stdy on mod-gd dem & hvy offers
90% TRIM: 10 lds: Wtd Avg: $401.41  / Mostly sharply lower
FI KILL(WTD) WED 117(352)  WK AGO 115(348)  YR AGO 122(363)
             **** REVISION ** TUE 121(235) ** REVISION ****
             -PREVIOUS DAY BREAKDOWN: TUESDAY  SH97 / CB24- 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  01/03/26     317       4,889
  Week Ending:  12/27/25     659       5,717
   Change from prev week:   -342        -828

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“88 HEDGE” is a dba of CIH Trading, LLC listed with the NFA. The information contained in this publication is taken from sources believed to be reliable but is not guaranteed by 88 Hedge or CIH Trading, LLC, nor any affiliates, as to accuracy or completeness, and is intended for purposes of information and education only. Nothing therein should be considered as a trading recommendation. There is a risk of loss in futures and option trading. Past performance is not indicative of future results.
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