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USDA Ogallala, NE Feeder Cattle Weighted Average

USDA Ogallala, NE Feeder Cattle Weighted Average 06/04 20:00 AMS_1850 MARS Ogallala Livestock Auction - Ogallala, NE Ogallala-Ogallala,NE Livestock Weighted Average Report for 06/04/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 8629 2681 0 First reported sale in several weeks a market comparison is not applicable. Demand was good with several buyers in attendance at the 75 annual customer appreciation sale. Bulk of Thursday's receipts would have been placed on summer grass and sold later in the summer on a video sale but due to the very dry conditions in the area they are being sold to save grass for cow/calf pairs on the ranch. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 1019-1019 1019 300-300 300 8 380-380 380 587.5-587.5 587.5 13 452-452 452 526-526 526 Fancy 10 479-479 479 487.5-487.5 487.5 NHTC 56 478-490 481 487.5-495 489.55 154 501-532 524 470-483 479.89 70 553-596 561 437.5-472.5 465.59 NHTC 127 552-599 582 440-467.5 451.32 113 603-644 628 419-439 423.86 126 640-646 644 420-435 429.32 NHTC 23 656-656 656 425-425 425 Fancy 86 657-657 657 425-425 425 NHTC 296 653-692 677 400-412.5 407.57 71 708-708 708 412-412 412 NHTC 380 701-735 709 382-394 388.1 416 753-797 767 335.5-374 364.54 393 807-844 836 334-349 342.87 305 857-874 867 326-342 334.32 77 900-900 900 344-344 344 59 962-962 962 307.5-307.5 307.5 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 597-597 597 427.5-427.5 427.5 12 635-635 635 363-363 363 177 717-748 742 363-370.5 368.98 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 25 1013-1013 1013 315-315 315 53 1064-1064 1064 320-320 320 6 395-395 395 600-600 600 13 412-412 412 590-590 590 15 461-461 461 539-539 539 45 523-524 523 530-555 541.68 93 559-575 564 510-517 515.01 10 574-574 574 507.5-507.5 507.5 NHTC 207 607-647 628 462-487.5 472.19 133 653-690 667 435-463 452.9 96 709-714 710 426-439 435.46 NHTC 83 712-712 712 440-440 440 Fancy 334 703-739 727 412.5-429 419.51 391 751-797 778 387-411 396.53 84 804-804 804 386-386 386 NHTC 416 806-836 814 372.5-392 386.03 65 852-852 852 378-378 378 Fancy 633 860-893 885 351-369.5 358.76 265 930-943 937 335-355 348.01 447 952-986 969 331-340 334.82 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 492-492 492 492.5-492.5 492.5 7 503-503 503 527.5-527.5 527.5 52 570-589 577 468-491 478.54 26 607-642 630 415-432.5 426.66 89 677-697 689 411-432 422.89 84 730-739 734 390.5-404 394.02 27 781-785 784 368-372 370.52 54 808-821 812 360-370 365.64 58 854-898 871 331-352 343.42
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is downgraded to sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 199,942 contracts as of June 2 and were net-sellers of 102,060 contracts during the CFTC reporting period as traders rapidly moved to secure profits on long positions amid a good start to the U.S. growing season in terms of weather.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 111,394 contracts as of June 2 and were net-buyers of 120,125 contracts through the CFTC reporting period. The July 2026 contract is priced 9 1/4 cents lower than the September 2026 contract, still among the highest degree of carry between the two contracts through their...

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Commentary

DTN Closing Livestock Comments

Weaker Tones Follow Livestock Complex through Monday's Close

Without greater fundamental support having developed throughout the day, traders kept the livestock contracts trading lower through Monday's end.

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