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

          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:       0  WEEK TO DATE:     139
    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:      38  WEEK TO DATE:      74
    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 remained quiet in cash cattle country again today 
with trade at a virtual standstill. Bids and asking prices are still not 
fully established. Significant trade volume will be delayed until sometime 
tomorrow.

5-AREA LV STR AVG(NEG)PR&WT: $No Test      HIDE&OFFAL: $11.92 +0.01
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $371.65                $362.30          50,888
    DEMAND (Box)       $353.17                $347.79          32,786
    INDEX VALUE        $362.341 +0.69         $355.04  -0.42   83,674
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $365.17  +1.37         $359.79  -0.84
  68.51 LDS CH CUTS / 13.69 LDS SEL CUTS /  6.03 LDS TRIM /  9.12 LDS GROUND
DAILY CHOICE/SELECT SPREAD   $5.38  TOTAL LOAD COUNT  97
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/13 $366.87 +0.37
 CUTTER 90%  350# UP C/O: $331.22 +0.36
 NAT'L BONELESS BF TRIM:  22.05 lds / Shrply hr on gd dem & lt-mod dem
90% TRIM: 00 lds: Wtd Avg: $No Test / Not fully established
FI KILL(WTD) THU 112(427)  WK AGO 115(454)  YR AGO 114(442)
            -PREVIOUS DAY BREAKDOWN: WEDNESDAY  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