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USDA Russell, IA Weighted Average

USDA Russell, IA Weighted Average 07/21 15:10 AMS_2159 MARS Russell Livestock Feeder Cattle - Russell, IA Russell Livestock Auction - Iowa-Russell,IA Livestock Weighted Average Report for 07/21/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1034 1627 0 No recent auction sale for comparison. Groups of six- and seven- weight steers and heifers were available today. Demand was moderate to good. Supply was moderate and included one consignor that brought nearly 200 head. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 314-314 314 450-450 450 Unweaned 4 372-372 372 480-480 480 Fancy 16 475-488 481 404-415 408.89 16 514-526 519 367.5-387 378.36 63 553-586 584 378-389 382.94 109 617-626 626 369.5-385 370.34 94 662-692 688 346.75-373 350.51 109 720-732 722 329-342.5 340.46 72 782-782 782 321.25-321.25 321.25 18 812-812 812 310-310 310 3 913-913 913 260-260 260 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 29 606-606 606 340-340 340 22 694-694 694 330-330 330 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 325-325 325 465-465 465 Unweaned 11 428-428 428 467.5-467.5 467.5 6 461-480 471 460-470 464.9 49 557-584 571 410-444 434.59 84 662-687 672 365-403.25 395.87 28 701-740 731 343-357 348.7 37 752-789 773 339-353 344.89 10 837-837 837 327-327 327 65 878-878 878 330.25-330.25 330.25 7 900-900 900 317-317 317 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 401-446 424 400-430 414.2 6 547-547 547 415-415 415 26 558-559 558 387.5-400 391.83
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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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