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USDA Dunlap, IA Weighted Average

USDA Dunlap, IA Weighted Average 06/05 14:20 AMS_2155 MARS Dunlap Livestock Feeder Cattle - Dunlap, IA Dunlap Livestock Auction-Dunlap,IA Livestock Weighted Average Report for 06/05/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 798 836 0 Compared to the auction two weeks ago: Too light a test for steers in the previous sale. Heifers 600 lbs sharply higher, after a substantial jump in the CME feeder cattle futures yesterday. Limited number of yearlings today. Two loads, three half loads and plenty of smaller packages in the offering today. Good demand both online and in the arena. The next feeder auction will be June 26. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 429-429 429 534-534 534 27 505-505 505 448-500 476.89 63 561-587 566 433-452 447.11 56 607-645 617 392-431 410.12 88 661-676 675 376-384 383.55 12 718-731 728 356-360 359.01 12 769-769 769 357-357 357 14 800-810 808 325-346 341.54 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 544-544 544 436-436 436 9 574-590 579 400-403 401.98 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 13 1075-1075 1075 300-300 300 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 413-440 427 502.5-555 529.58 11 468-492 477 499-525 515.24 46 503-528 515 480-500 490.88 13 580-585 582 436-456 443.73 90 612-631 617 436-470 460.53 45 650-658 652 437.25-458 439.16 112 712-749 732 400-429 411.34 10 765-765 765 399-399 399 10 813-840 832 358-370 361.52 4 961-961 961 319-319 319 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 63 637-637 637 399.5-399.5 399.5 10 732-732 732 382-382 382
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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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