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USDA Lexington, NE Weighted Average

USDA Lexington, NE Weighted Average 11/21 14:55 AMS_1849 MARS Lexington Livestock Market - Lexington, NE Lexington-Lexington,NE Livestock Weighted Average Report for 11/21/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 902 1205 584 Compared to last week steer calves 450-700 lbs sold steady to 10.00 lower and heifer calves 400-600 lbs sold 10.00 to 30.00 lower. Demand was moderate to good from the buyers in the crowd with internet activity noticed. A shorter consignment sheet was made of mostly bawling calves that had received fall vaccinations and few were weaned, the balance was bawling calves with spring shots only. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 388-388 388 458-458 458 33 410-432 423 410-429 417.25 45 463-480 469 374-392 379.5 75 504-544 531 351-361 357.09 88 591-595 593 357-367 363.18 47 650-691 672 326-341 332.79 Unweaned HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 332-332 332 437.5-437.5 437.5 12 562-562 562 338-338 338 5 811-811 811 260-260 260 Unweaned 8 843-843 843 280-280 280 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 350-350 350 530-530 530 19 424-447 432 460-471 466.81 50 465-488 477 451-468 457.08 32 510-530 518 434.5-438 436.55 47 580-589 586 406-421 411.05 87 601-649 630 396-405 401.54 Unweaned 38 677-677 677 370-370 370 55 680-689 687 370-374 371.08 Unweaned 54 709-738 727 345-364 352.47 Unweaned STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 28 592-592 592 378-384 382.29 10 600-600 600 370-370 370 Unweaned 8 776-776 776 300-300 300 Unweaned
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for December corn is sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 92,353 contracts as of Oct. 7, an increase of 11,046 contracts during the CFTC reporting period as traders had sold ahead of the peak of U.S. corn harvest.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 117,716 contracts as of Oct. 7, the most recent CFTC data. The December 2025 contract is priced 12 cents lower than the March 2026 contract, a spread that narrowed over the week, tying the firmest close since April. DTN's National Corn Index implies a corn basis of 36 cents under the December board, about a penny firmer week over week and the firmest for the...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex was granted some additional support ahead of the Thanksgiving holiday, as most of the contracts closed higher. Some light cash cattle trade developed, but prices held mostly steady with Tuesday's business.

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