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

USDA WY,W.NE,SW SD&W.ND Fdr Cattle 05/15 10:50 AMS_3237 MARS Wyoming-Nebraska Direct Cattle Report Direct Livestock - Cattle-N/A,OK Livestock Weighted Average Report for 05/11/2026 - Final This Week Last Reported -------------------------------------------------------------------------------- Total Receipts: -------------------------------------------------------------------------------- FEEDER CATTLE(Delivered): 315 130 N/A(): 325 -------------------------------------------------------------------------------- No comparable offering for a market comparison. Demand was good. Drought conditions prevail in the two reporting areas in this report. Several head of would be grass cattle have been sold in the recent weeks due to no moisture in the area for grass growth, limited water and shortage of feed resources. Tough situations many ranchers and cattlemen are faced with. Marketings have moved forward as these would have been sold on summer video sales or come on direct trade later this year. Now they are heading to the feedlot. On bright note within the industry, feedlot sales hit record prices! Live sales sold steady to 5.00 higher from 260.00 to 265.00 and dressed sales sold 8.00 to 10.00 higher from 410.00 to 415.00. Supply included: 100% Feeder Cattle (57.1% Steers, 42.9% Heifers). Feeder cattle supply over 600 lbs was 100%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 2-3% shrink or equivalent, with up to15 cent slide > 600 lbs. -------------------------------------------------------------------------------- FEEDER CATTLE -------------------------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Current 135 825 825 339.50 339.50 STEERS - Medium and Large 1-2 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Current 180 850 850 351.50 351.50
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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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