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USDA Valentine, NE Wtd Avg

USDA Valentine, NE Wtd Avg 11/12 17:00 AMS_1856 MARS Valentine Livestock Auction - Valentine, NE Valentine-Valentine,NE Livestock Weighted Average Report for 11/12/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2695 1990 1820 Compared with last weeks auction at Valentine Livestock Auction 500 to 600 lbs steers traded steady to 25.00 higher with no comparable offerings for heifers. A high demand for replacement quality breeding stock should be noted. Next Auction Dates: Nov 16th Special Bred Female & Regular Sale, Nov 19th Special Spring Calf Sale featuring weaned & non-weaned --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 392-398 394 420-440 428.07 37 406-446 427 420-440 429.77 111 454-495 478 420-435 424.69 95 507-542 528 382.5-410 401.69 132 551-582 562 438-452.5 443.23 Replacement 92 557-587 569 390-420 403.7 217 601-632 618 427-469 438.87 Replacement 87 604-649 623 365-400 380.23 36 663-689 679 362-372.5 367.1 48 691-691 691 426-426 426 Replacement 11 730-730 730 360-360 360 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 450-450 450 402.5-402.5 402.5 16 560-560 560 377.5-377.5 377.5 6 676-676 676 320-320 320 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 372-395 384 525-575 549.25 30 409-445 428 505-540 523.62 35 460-488 475 491-513 499.46 141 505-538 525 452.5-485 471.07 283 550-594 570 432-454 443.73 454 600-649 623 401-425 412.64 220 650-675 665 385-408 396.48 78 704-704 704 402.5-402.5 402.5 Fancy 118 707-739 731 377-388 382.49 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 17 416-416 416 440-440 440 11 492-492 492 425-425 425 91 520-549 535 427.5-452.5 438.17 22 598-598 598 423-423 423 28 636-649 642 384-395 389.98
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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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