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USDA Valentine, NE Wtd Avg

USDA Valentine, NE Wtd Avg 05/08 17:20 AMS_1856 MARS Valentine Livestock Auction - Valentine, NE Valentine-Valentine,NE Livestock Weighted Average Report for 05/08/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ REPLACEMENT CATTLE 620 0 0 Majority of consigned offering in good condition, selection included Spring pairs, bred cows calving now and fall bred offerings. A few summer and winter bred offerings. Conversations of concern from buyers and sells, of short grass and not much rain in the Sandhills. Next Auction Date May 15th Special Feeder Sale, Fall weights and Yearlings --------------------------------------------------------------- REPLACEMENT CATTLE --------------------------------------------------------------- BRED COWS - Medium and Large 1 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 30 1069-1295 1091 1750-2350 1863.2 Broken Mouth 79 1057-1370 1197 2600-3275 3043.84 150 1038-1825 1228 2450-2950 2587.4 33 1205-1683 1338 2300-2900 2471.37 5 1373-1373 1373 2500-2500 2500 BRED COWS - Medium and Large 1 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 1185-1283 1224 3100-3400 3274.24 12 1222-1259 1234 2800-3000 2868 7 1285-1404 1387 2500-2975 2912.13 5 1390-1482 1450 2325-2800 2650.4 Broken Mouth BRED COWS - Medium and Large 1-2 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 17 1069-1133 1107 1800-1900 1860.22 BRED HEIFERS - Medium and Large 1 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 24 970-1093 1072 2300-3150 2951.89 COW-CALF PAIRS - Medium and Large 1 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 45 962-1433 1122 3400-3925 3736.16 O 51 1195-1584 1412 3300-4050 3762.38 O HEIFER PAIRS - Medium and Large 1 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 50 1096-1200 1153 3700-4250 4094.01 O
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is sideways.

NONCOMMERCIAL OUTLOOK: Noncommercial traders held a net-long futures position of 115,899 contracts of corn as of May 6, a decrease of 59,530 contracts week-over-week as traders continue to sell out of corn futures positions.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 75,297 contracts as of May 6, a decrease of 53,357 contracts week-over-week. The July 2025 contract is priced 20 3/4 cents higher than the September 2025 contract, a spread that weakened significantly over the past week. DTN's National Corn Basis continued to climb over the past week to 28 cents under the July board, an improvement of 2 cents week over week.

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex had a somewhat lethargic day, as the only real excitable action was in the lean hog complex. No new cash cattle trade developed throughout the day. May corn is up 2 1/2 cents per bushel and May soybean meal is down $0.60.

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