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USDA Bassett, NE Weighted Average

USDA Bassett, NE Weighted Average 04/01 16:45 AMS_1852 MARS Bassett Livestock Auction - Bassett, NE Bassett-Bassett,NE Livestock Weighted Average Report for 04/01/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 4590 1985 4816 No recent test of market for an accurate comparison a trend will not be given for steers and heifers. Demand was good with several buyers and active internet bidding. A rollover auction was held with money raised will be donated to ranch wildfire relief. Next Auction Date April 15th Teilke S5 Angus Bull Auction & Special Bred Cows and Pairs Weigh Ups start at 9 am. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 1030-1030 1030 291-291 291 16 1050-1050 1050 291-291 291 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 361-361 361 585-585 585 20 402-424 414 515-525 520.63 38 450-490 475 490-497.5 492.62 70 505-528 519 450-481 469.16 119 556-571 567 447-458 455.37 256 600-642 625 407.5-435.5 417.43 58 666-666 666 398-398 398 Replacement 239 653-698 681 379-400 388.33 300 701-748 729 361-381.5 371.02 101 754-795 767 340-370 353.65 101 813-816 814 356-399 367.95 Replacement 60 845-845 845 339-339 339 21 877-877 877 333-333 333 Replacement 11 924-924 924 314-314 314 13 983-983 983 301-301 301 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 435-435 435 500-500 500 15 477-496 485 451-455 452.64 22 533-541 539 435-437.5 435.67 42 592-595 593 400-420 408.12 7 697-697 697 356-356 356 9 790-790 790 337-337 337 29 810-811 811 327-328 327.59 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 399-399 399 605-605 605 38 444-448 445 575-587.5 583.53 14 478-478 478 580-580 580 87 508-529 522 520-530 521.66 152 559-582 566 495-495 495 610 600-633 619 451-485.5 474.84 376 650-688 683 420-452 440.67 233 719-734 724 415.5-422 419.88 283 765-796 782 386.5-400 393.93 170 800-843 825 366.5-397 379.76 236 864-873 870 367-374 372.06 194 908-946 928 344-365 354.38 105 950-950 950 344.5-344.5 344.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 466-466 466 532.5-532.5 532.5 6 515-515 515 505-505 505 Unweaned 38 627-644 635 425-445 437.06 51 739-742 741 385-387.5 386.28 9 871-871 871 352-352 352
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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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