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USDA WY,W.NE,SW SD&W.ND Fdr Cattle

USDA WY,W.NE,SW SD&W.ND Fdr Cattle 07/18 12:15 AMS_3237 MARS Wyoming-Nebraska Direct Cattle Report Direct Livestock - Cattle-N/A,OK Livestock Weighted Average Report for 07/14/2025 - Final This Week Last Reported -------------------------------------------------------------------------------- Total Receipts: -------------------------------------------------------------------------------- FEEDER CATTLE(F.O.B.): 2613 480 FEEDER CATTLE(Delivered): 661 -------------------------------------------------------------------------------- No comparable sales from last week's light receipts. However, a higher undertone was noted. Demand was good with several buyers in the market and looking to procure cattle. Video and auction sales are very active throughout the week. As feedlots and yearling operators sell cattle and most are making several hundred per head, the cattlemen are reinvesting on a historical short supply of yearlings and calves and are willing to take a huge risk at all time high prices. This market isn't for weak at heart individuals! Nebraska feedlot live sales sold steady to 1.00 lower at 240.00 and dressed sales steady at 380.00. Supply included: 100% Feeder Cattle (43.3% Steers, 56.7% Heifers). Feeder cattle supply over 600 lbs was 93%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 2-3% shrink or equivalent, with a 10-12 cent slide > 600 lbs. and up to 20 cent slide < 600 lbs. -------------------------------------------------------------------------------- FEEDER CATTLE -------------------------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Oct - Nov160 875 875 295.00 295.00 Sep 1625 895 895 302.09 302.09 70 980 980 285.00 285.00 STEERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Oct - Nov400 925 925 310.00 310.00 Sep 180 875 875 308.00 308.00 Current 248 875 875 326.00 326.00 211 765 765 332.00 332.00 180 820 820 323.50 323.50 Nov 200 535 535 416.00 416.00
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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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