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USDA Ogallala, NE Feeder Cattle Weighted Average

USDA Ogallala, NE Feeder Cattle Weighted Average 11/12 16:25 AMS_1850 MARS Ogallala Livestock Auction - Ogallala, NE Ogallala-Ogallala,NE Livestock Weighted Average Report for 11/12/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 4062 2723 4310 Compared to last week, steers were 7.00 - 14.00 higher and heifers were 8.00 - 18.00 higher. Demand was good to moderate with a good selection feeders offered. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 454-454 454 442-442 442 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 1072-1072 1072 271.5-271.5 271.5 29 312-312 312 542.5-542.5 542.5 49 358-390 376 495-510 503.58 Thin Fleshed 23 387-395 391 443-468 455.92 198 406-447 441 453-473 469 83 474-494 486 425-432.5 429.6 144 503-546 529 394-418 402.33 135 553-593 574 365-375.5 367.94 5 577-577 577 412.5-412.5 412.5 Replacement 54 606-648 620 340-366 355.18 8 670-670 670 355-355 355 84 725-740 738 341-348 347.18 61 759-759 759 336-336 336 61 841-841 841 326.5-326.5 326.5 41 859-862 860 303.5-327.5 311.71 61 903-937 917 316-323 319.17 29 960-960 960 309-309 309 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 446-446 446 427.5-427.5 427.5 14 475-475 475 400-400 400 32 538-538 538 390-390 390 17 630-630 630 300-300 300 5 991-991 991 281-281 281 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 26 330-330 330 600-600 600 10 352-352 352 580-580 580 Thin Fleshed 28 372-395 380 542.5-550 545.28 86 402-429 421 538-560 545.22 137 466-479 470 513-533 519.39 80 492-492 492 487-487 487 Fleshy 177 523-534 529 456-483 477.33 35 542-542 542 452-452 452 Fleshy 99 544-544 544 485-485 485 Fancy 294 551-599 584 445-462.5 447.48 Fancy 215 575-599 588 427-437.5 430.93 204 604-642 628 392-416 410.99 192 651-687 664 376-399 389.87 91 700-725 705 360-382 377.77 67 838-838 838 355.5-355.5 355.5 22 872-872 872 341.5-341.5 341.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 24 421-422 422 522.5-525 523.54 19 491-494 493 425-451 438.72 41 541-546 542 410-414 410.88 42 568-582 572 400-413.5 409.58 19 606-624 615 376-380 378.13 11 659-659 659 368-368 368 16 830-830 830 333-333 333
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Market Strategies

CORN Strategies Snapshot

TREND: The trend in most active corn futures is considered sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 137,595 contracts as of Nov. 3, net-sellers of 63,677 contracts as traders reduced their net-length from early September by 75% as of the most recent CFTC report.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 137,516 contracts as of Nov. 3, and were net-buyers of 52,161 contracts through the CFTC reporting period. The December 2026 contract is priced 13 1/2 cents lower than the March 2027 contract, weakening (more carry) slightly through the week but in an overall strengthening trend since early August. National average corn basis firmed...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a successful week for the livestock contracts! All three of the livestock markets ended the week Friday afternoon in a better position than what the market opened at on Monday morning -- praise God!

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