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USDA Sheldon, IA Weighted Average

USDA Sheldon, IA Weighted Average 07/17 15:50 AMS_2154 MARS Sheldon Livestock Slaughter Cattle - Sheldon, IA Sheldon Livestock Auction-Sheldon,IA Livestock Weighted Average Report for 07/17/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 320 492 371 Compared to the sale last Thursday, Choice slaughter steers 2.00 higher. Steers over 1500 lbs 6.00 higher. Choice slaughter heifers 2.00 higher. Dairy steers 5.00 higher. Mostly smaller packages in the offering today. Good demand. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1195-1450 1323 218-225 221.16 Average BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 12 1352-1647 1524 234-240.75 238.26 Average BEEF/DAIRY STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1740-1748 1747 228-233 228.83 Average DAIRY BULLS - 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1760-1770 1765 176-176 176 Average DAIRY HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1201-1201 1201 195-195 195 Average Return to Feed 5 1250-1400 1341 176-181 179.86 Average DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 25 1433-1720 1575 213-217 214.78 Average DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 14 1155-1349 1252 205-206 205.46 Average Natural 5 1315-1348 1341 204.5-208 205.19 Average Return to Feed 9 1637-1637 1637 208.5-208.5 208.5 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1203-1203 1203 238.5-238.5 238.5 Average Certified Prgms 55 1260-1533 1340 238-242.5 240.36 Average 5 1564-1610 1573 238-244 242.77 Average Heavy Weight HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 15 1149-1149 1149 235.75-235.75 235.75 Average Return to Feed 6 1224-1265 1238 228.5-231 230.15 Average Certified Prgms 17 1333-1563 1397 236-237 236.13 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 32 1348-1476 1409 238-242 240.48 Average STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 31 1535-1598 1578 241-247.5 244.54 Average 12 1635-1734 1693 242.5-248 243.72 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1065-1200 1156 234-239 237.34 Average Return to Feed 3 1208-1420 1279 228-233 229.85 Average STEERS - Select and Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1503-1503 1503 232-232 232 Average 6 1638-1695 1648 234-240.5 239.39 Average Heavy Weight
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for September corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 129,457 contracts as of July 15, a decrease of 12,305 contracts as traders reversed recent selling activity in light of the bullish July 11 WASDE report from USDA.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 157,267 contracts as of July 15, a decrease of 8,397 contracts week-over-week. The September 2025 contract is priced 18 3/4 cents lower than the December 2025 contract, a spread that widened moderately over the past week. DTN's National Cash Index indicated corn basis improved slightly over the last week, firming one cent to 12 cents under the September board.

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

New highs were made across the cattle complex Monday with no sign of slowing down. Price weakness has been a buying opportunity. Fund traders continue to add to their long positions. Hog futures struggled during the day but managed to close with minor gains.

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