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USDA Sheldon, IA Weighted Average

USDA Sheldon, IA Weighted Average 08/06 14:05 AMS_2154 MARS Sheldon Livestock Slaughter Cattle - Sheldon, IA Sheldon Livestock Auction-Sheldon,IA Livestock Weighted Average Report for 08/06/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 470 545 0 Compared to the sale two weeks ago: Choice slaughter steers 2.00 higher, with steers over 1500 lbs 3.00-4.00 higher. Choice slaughter heifers 3.00 higher. The auction consisted of one full load, three half loads and many smaller strings. Good demand for this offering of high quality cattle. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1568-1568 1568 239-239 239 Average BEEF/DAIRY HEIFERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1220-1520 1387 224-229 226.85 Average BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1650-1816 1776 235-239.5 238.54 Average BEEF/DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1053-1053 1053 227-227 227 Average Certified Prgms 7 1556-1602 1576 225-228 226.31 Average DAIRY HEIFERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 26 1626-1634 1629 209-217 213.53 Average DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 11 1347-1675 1512 228-232 229.67 Average 5 1460-1865 1682 237-239 237.62 High DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 14 1571-1722 1658 222-225 223.74 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1319-1365 1328 237.5-242 241.08 Average Certified Prgms 58 1278-1552 1428 240-244 242.49 Average 9 1677-1686 1681 238.5-242.75 240.86 Average Heavy Weight HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 39 1255-1408 1303 233-237.75 236.28 Average 4 1494-1494 1494 236-236 236 Average Certified Prgms STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1308-1308 1308 241.5-241.5 241.5 Average Certified Prgms 37 1339-1490 1422 238.5-244 241.01 Average STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 21 1520-1593 1559 241-245 242.49 Average 99 1606-1813 1673 240.5-244.25 242.34 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1235-1285 1260 244-246 244.98 Average Return to Feed 13 1250-1483 1439 230-237.75 234.58 Average STEERS - Select and Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 20 1574-1593 1580 235-238.5 236.06 Average 7 1525-1653 1635 238-239 238.13 Average Certified Prgms
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CORN Strategies Snapshot

TREND: The trend in most active corn futures is sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 255,068 contracts as of Aug. 4, and were net-buyers of 748 contracts during the CFTC reporting period as traders continued to hold a bullish price outlook for late summer with conditions across the U.S. Corn Belt turning hot and dry through the second half of July.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 208,345 contracts as of Aug. 4, and were net-sellers of 4,414 contracts through the CFTC reporting period. The September 2026 contract is priced 23 cents lower than the December 2026 contract, steady through the week but still among the...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex ended the day mixed, with the cattle contracts able to end the day mostly higher, but only the lean hog nearby contracts ended the day stronger. Some light cleanup trade was noted throughout the day in the cash market, but prices held steady with the week's weighted average.

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