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USDA Lamoni, IA Weighted Average

USDA Lamoni, IA Weighted Average 05/14 15:50 AMS_2158 MARS Lamoni Livestock Feeder Cattle - Lamoni, IA Lamoni Livestock Auction-Lamoni,IA Livestock Weighted Average Report for 05/14/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1974 986 0 Feeder Calf and Yearling Cattle Auction - No comparison to last week's auction will be stated on yearling cattle. Today's offering consisted of 2 very large consignments of reputation, green, home-raised yearling cattle with very few offered last week. However, compared to the previous auction, both lighter weight feeder steers and heifers sold fully steady with a somewhat lower undertone. Demand was very good for today's moderate offering. Internet bidding active. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 498-498 498 452.5-452.5 452.5 3 858-858 858 282-282 282 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 293-293 293 660-660 660 Unweaned 20 364-364 364 600-600 600 Unweaned 10 381-381 381 565-565 565 48 451-482 475 479-495.5 488.38 35 504-520 518 455-490 485.13 55 563-568 565 435-442 437.43 17 602-604 603 415-416 415.41 198 675-694 676 377-385.5 385.19 7 708-708 708 346-346 346 228 776-798 786 346.5-350.5 348.78 3 847-847 847 326-326 326 14 909-909 909 340-340 340 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 538-538 538 429-429 429 17 595-599 597 401-413 408.04 6 697-697 697 356-356 356 11 905-905 905 319-319 319 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 414-414 414 580-580 580 43 483-499 491 506-537.5 524.55 10 509-533 521 462.5-487.5 475.29 32 570-583 580 468-485 472.97 65 610-626 615 450-456 454.21 37 660-693 682 398-436 415.93 238 705-725 718 440.25-440.75 440.58 13 772-788 777 374-380 375.87 338 801-824 810 377.5-399.25 391 4 868-868 868 359-359 359 16 909-909 909 350-350 350 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 638-638 638 425-425 425 26 700-738 726 396-415 406.25 9 834-834 834 359-359 359
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 383,537 contracts as of May 12 and were net-sellers of 49,847 contracts during the CFTC reporting period as traders booked profits on length amid renewed peace efforts in the Middle East and few issues for U.S. planting thus far.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 259,956 contracts as of May 12 and were net-buyers of 108,892 contracts through the CFTC reporting period. The July 2026 contract is priced 7 1/2 cents lower than the September 2026 contract, widening (more carry) through the week and to the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex ended the day mixed, with the cattle contracts able to rally mildly through the day's end, while the lean hog contracts continue to struggle. Still no cash cattle trade has developed.

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