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USDA Lexington, NE Weighted Average

USDA Lexington, NE Weighted Average 10/02 13:45 AMS_1849 MARS Lexington Livestock Market - Lexington, NE Lexington-Lexington,NE Livestock Weighted Average Report for 10/02/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 657 1709 2379 Short consignment sheet of bawling spring calves and pregnancy checked open yearling heifers on offer. Compared to two weeks ago steer calves 400-600 lbs sold steady to 10.00 higher and feeder heifers 800-1000 lbs sold steady to 5.00 lower. Demand was moderate to good from a smaller than normal number of buyers in the seats. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 34 1023-1031 1028 260-260 260 Fleshy 29 1071-1071 1071 268-268 268 Fleshy HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 338-338 338 461-461 461 8 368-368 368 457-457 457 49 463-463 463 444-444 444 8 836-836 836 307.5-307.5 307.5 44 943-948 946 298-299 298.49 7 979-979 979 293-293 293 14 982-987 985 270-280 274.99 Fleshy HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 31 411-432 425 418-421 419.03 5 469-469 469 400-400 400 54 500-533 514 364-377 371.26 12 662-662 662 332.5-332.5 332.5 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 1032-1032 1032 288-288 288 Fleshy STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 347-347 347 511-511 511 10 392-392 392 501-501 501 26 438-438 438 511-511 511 29 469-469 469 502-502 502 53 547-547 547 453-453 453 45 550-550 550 452-452 452 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 32 438-438 438 459-459 459 54 561-571 566 420-420 420 8 600-600 600 387-387 387
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Market Strategies

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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