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USDA Lamoni, IA Weighted Average

USDA Lamoni, IA Weighted Average 10/01 13:10 AMS_2158 MARS Lamoni Livestock Feeder Cattle - Lamoni, IA Lamoni Livestock Auction-Lamoni,IA Livestock Weighted Average Report for 10/01/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 612 752 1344 Compared to the sale a week ago only one weight group was comparable; steers 850 to 900 lbs. sold 11.00 higher. All other weight groups were not well compared. There were many smaller packages, however one consignor brought nearly 300 head of reputation cattle. Demand was very good today and included internet bidding. Supply was moderate. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 466-466 466 445-445 445 Unweaned HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 416-416 416 420-420 420 Unweaned 24 548-548 548 360.5-360.5 360.5 Unweaned 8 611-611 611 347-347 347 Unweaned 89 727-743 741 325-329 328.62 10 868-878 875 295-305 297.98 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 381-381 381 505-505 505 Unweaned 8 469-469 469 434-434 434 Unweaned 7 486-486 486 455-455 455 12 512-542 520 402.5-410 408.04 Unweaned 33 551-583 562 389-411 403.39 Unweaned 17 665-665 665 356-356 356 Unweaned 23 722-747 742 331-356 336.29 198 885-892 888 333-335.75 334.84 63 978-978 978 314-314 314 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 26 901-901 901 290-290 290
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CORN Strategies Snapshot

TTREND: The trend in most active corn futures is higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 509,501 contracts as of September 29, net-sellers of 26,300 contracts as traders booked profits with few bullish details emerging from trade meetings between President Trump and China's President Xi.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 448,508 contracts as of Sept. 29 and were net-buyers of 26,303 contracts through the CFTC reporting period. The December 2026 contract is priced 14 cents lower than the March 2027 contract, weakening (adding carry) through the week but in an overall strengthening trend since late July as crop size estimates...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The cattle contracts ended the day lower as traders' ambitions ahead of the week grew weary and although Southern live cattle were able to trade higher, traders did also note the weaker tone in boxed beef prices later in the week.

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