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USDA Erickson/Spalding Wtd Avg

USDA Erickson/Spalding Wtd Avg 05/16 16:00 AMS_1853 MARS Ericson Livestock Market - Ericson, NE Ericson-Ericson,NE Livestock Weighted Average Report for 05/16/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 518 4028 1730 REPLACEMENT CATTLE 248 0 179 Not enough comparable offerings with two weeks ago to establish a trend a trend is not applicable. Demand was moderate to good from the buyers in house with internet activity noticed. The auction started with weigh-ups in the morning then went into packages of non-weaned fall calves along with packages of yearlings and fall calves and finished with fall bred cows and cow/calf pairs. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 352-395 381 560-590 580.75 Unweaned 20 403-419 413 570-590 577.81 10 450-450 450 560-560 560 Unweaned 9 478-478 478 515-515 515 4 500-500 500 500-500 500 15 511-540 532 457.5-480 463.26 Unweaned 13 589-589 589 420-420 420 Fleshy 23 719-719 719 380-380 380 9 824-824 824 345-345 345 11 870-870 870 329-329 329 Fleshy HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 519-519 519 475-475 475 Thin Fleshed STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 411-411 411 610-610 610 Unweaned 17 450-464 454 570-580 576.99 25 490-492 491 525-540 535.79 Unweaned 13 525-525 525 505-505 505 Unweaned 14 557-557 557 490-490 490 Unweaned 9 672-672 672 422-422 422 Fleshy 21 737-737 737 399.5-399.5 399.5 Fleshy 94 857-863 859 363-365.5 364.7 Fleshy 8 950-950 950 336.5-336.5 336.5 Fleshy STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 327-327 327 665-665 665 Thin Fleshed 17 549-549 549 487.5-487.5 487.5 Thin Fleshed 12 654-692 673 413-419 415.92 --------------------------------------------------------------- REPLACEMENT CATTLE --------------------------------------------------------------- BRED COWS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 23 1031-1031 1031 3650-3900 3758.7 8 1154-1154 1154 3475-3475 3475 72 1179-1402 1300 3825-4125 4000.28 29 1252-1625 1382 2950-3350 3105.68 Broken Mouth 39 1253-1616 1402 3400-3450 3423.65 32 1510-1657 1579 3300-3475 3418.09 5 981-981 981 3185-3185 3185 Thin Fleshed COW-CALF PAIRS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 1296-1533 1415 3900-3975 3940.64 O HEIFER PAIRS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 1111-1111 1111 5050-5050 5050 O
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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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