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USDA Dunlap, IA Weighted Average

USDA Dunlap, IA Weighted Average 03/31 11:05 AMS_2164 MARS Dunlap Livestock Slaughter Cattle - Dunlap, IA Dunlap Livestock Auction-Dunlap,IA Livestock Weighted Average Report for 03/31/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 109 129 101 Compared to the Slaughter Cattle Auction one week ago, both choice slaughter steers and heifers were 4.00 to 6.00 higher. Demand was very good for today's light offering. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 37 1100-1570 1361 228-237.75 233.89 Average HEIFERS - Select 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 1170-1170 1170 240-240 240 Average Return to Feed HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1117-1160 1131 225-245 231.84 Average Return to Feed 3 1395-1480 1443 218-223 221.32 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 36 1270-1589 1488 234-238.5 236.92 Average 1 1625-1625 1625 228.5-228.5 228.5 Average Heavy Weight STEERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1320-1487 1459 229-229.5 229.42 Average 1 1600-1600 1600 234.75-234.75 234.75 Average Heavy Weight STEERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 13 1030-1115 1071 232-254 245.34 Average Return to Feed
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for May corn is revised to higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 375,360 contracts as of March 24, and were net-buyers of 63,018 contracts during the CFTC reporting period as prices rallied on bullish influence from energy markets due to the ongoing war in the Middle East.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 314,222 contracts as of March 24, and were net-sellers of 58,599 contracts through the CFTC reporting period. The May 2026 contract is priced 11 3/4 cents lower than the July 2026 contract, widening (more carry) through the week, and still among the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Livestock futures started the Thursday session with very limited interest, allowing prices to hold limited gains in cattle futures through early hours of trade, but softness developed in feeder cattle and lean hog trade during late morning trade.

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