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USDA Dunlap, IA Weighted Average

USDA Dunlap, IA Weighted Average 11/04 10:40 AMS_2164 MARS Dunlap Livestock Slaughter Cattle - Dunlap, IA Dunlap Livestock Auction-Dunlap,IA Livestock Weighted Average Report for 11/04/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 130 213 228 Compared to the sale last Tuesday; Too light a test this week on Choice slaughter steers, no comparison. Upward trend noted. Choice slaughter heifers 4.00 higher, with light numbers in the previous sale. Mostly smaller strings in the offering today. Good demand. Active trade. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 11 1310-1432 1367 230-234 232.63 Average Certified Prgms 54 1252-1504 1384 230.5-234.35 233.28 Average HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1040-1205 1094 224-258 246.02 Average Return to Feed 2 1120-1140 1130 240-244 242.02 Average Certified Prgms STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1365-1485 1418 231-234 233.23 Average 11 1443-1500 1464 234.1-234.75 234.51 Average Certified Prgms STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1510-1517 1515 228-230 229.34 Average 2 1605-1655 1630 231-231 231 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 22 1220-1336 1290 235.5-258 240.46 Average Certified Prgms 5 1346-1365 1350 237-240 239.39 Average Return to Feed
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for December corn is revised to sideways.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 51,186 contracts as of September 23, an increase of 15,017 contracts during the CFTC reporting period as traders turned to selling amid technical pressure in the corn market.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 79,646 contracts as of September 23, the most recent CFTC report. The December 2025 contract is priced 12 1/2 cents lower than the March 2026 contract, another 1 1/4 cents firmer this week on thoughts of lower than expected U.S. yields and extremely strong nearby demand. DTN's National Corn Index implies a corn basis of 37 cents under the...

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Commentary

DTN Ag Host Midday Livestock

DTN Ag Host Midday Livestock

The livestock complex is trading mostly lower into midday Wednesday, with not enough fundamental support being noted in the hog complex, and too much fear and anxiety being in the cattle sector. Some light cash cattle trade has developed, but with the boards' downturn, prices could soften.

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