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USDA Sheldon, IA Weighted Average

USDA Sheldon, IA Weighted Average 10/01 13:55 AMS_2154 MARS Sheldon Livestock Slaughter Cattle - Sheldon, IA Sheldon Livestock Auction-Sheldon,IA Livestock Weighted Average Report for 10/01/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 543 422 0 The last covered sale was two weeks ago, no trend applicable. No implant cattle and steers over 1600 lbs bringing a premium today. Three loads, two half loads and many smaller strings of quality cattle in the offering. Good demand. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 11 1355-1650 1455 210.5-216 212.25 Average BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1604-1825 1641 213-218 213.93 Average BEEF/DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 1543-1865 1664 204-209 206.53 Average DAIRY HEIFERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1510-1600 1555 187-197 191.86 Average DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 10 1498-1585 1549 210-216.75 212.86 Average DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 1500-1758 1706 200-207 203.7 Average 1 2100-2100 2100 190-190 190 Average Heavy Weight HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 31 1311-1425 1360 217-222 220.77 Average Certified Prgms 2 1400-1400 1400 220-220 220 Average Natural 108 1268-1477 1428 216-221.75 220.37 Average 4 1601-1601 1601 216.5-216.5 216.5 Average Heavy Weight HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1137-1137 1137 223-223 223 Average Return to Feed 8 1190-1473 1349 211-224 213.5 Average Certified Prgms 19 1187-1580 1359 209.5-214.5 211.81 Average 1 1700-1700 1700 209-209 209 Average Heavy Weight STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 21 1198-1473 1396 213.5-218 216.3 Average 26 1175-1503 1418 218.5-224 221.58 Average Certified Prgms 7 1490-1490 1490 219-219 219 Average Natural STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 36 1515-1595 1558 215-218.5 216.9 Average 12 1626-1635 1632 218.5-218.75 218.58 Average Certified Prgms 106 1610-1847 1702 215-222 217.36 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1305-1320 1313 210-218.5 214.23 Average Return to Feed 1 1475-1475 1475 217-217 217 Average Certified Prgms 5 1470-1495 1480 210-212 211.19 Average STEERS - Select and Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 1560-1560 1560 211-211 211 Average 23 1642-1853 1739 211-214 212.98 Average Heavy Weight
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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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