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USDA IA Fdr Cattle Wkly Wtd Av

USDA IA Fdr Cattle Wkly Wtd Av 11/24 09:15 AMS_2167 MARS Iowa Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 11/17/2025 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 14727 3707 15724 SLAUGHTER CATTLE 1794 1616 1617 Compared to last week steers sold steady to 7.00 lower and heifers sold 4.00 to 10.00 lower. Slaughter steers and heifers sold 4.00 lower. Slaughter cows sold steady to 6.00 lower and bulls sold 8.00 lower. Demand was moderate to good. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 358-358 358 510-510 510 Unweaned 4 421-421 421 388-388 388 9 435-448 444 400-460 440.39 Unweaned 4 470-470 470 405-405 405 Unweaned 16 506-545 509 367.5-430 410.41 Unweaned 3 578-578 578 304-304 304 9 597-597 597 351-351 351 Unweaned 10 610-622 618 300-320 314.08 8 623-623 623 351-351 351 Unweaned 6 727-727 727 297-297 297 Unweaned 5 764-764 764 310-310 310 Unweaned BULLS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 657-657 657 284-284 284 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 744-744 744 285-285 285 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 1010-1010 1010 249-249 249 4 1147-1147 1147 222.5-222.5 222.5 4 245-245 245 500-500 500 9 314-318 316 447.5-455 450.86 Fancy 5 305-345 324 370-435 403.79 Unweaned 21 310-347 338 352.5-461 428.34 80 350-397 374 375-487.5 434.32 41 351-396 381 383-437.5 428.07 Unweaned 107 400-448 425 370-433 395.07 Unweaned 167 400-449 426 340-454 404.43 63 458-494 474 360-395 377.51 Unweaned 300 451-498 477 360-415 387.86 463 500-545 524 334-411 373.05 146 503-549 529 339-378 360.45 Unweaned 21 543-543 543 365-365 365 Fancy 591 550-599 573 310-377 347.91 167 550-599 576 312-368 339.92 Unweaned 529 600-649 618 293-348 329.92 142 602-640 625 300-346 324.2 Unweaned 36 648-648 648 322.5-322.5 322.5 Fancy 46 655-658 657 335-370 355.58 Fancy 162 650-687 666 280-339 326.71 Unweaned 513 650-696 672 278-360.5 334.24 4 706-706 706 270-270 270 Fleshy 14 707-707 707 311-311 311 Unweaned 52 735-735 735 342.5-342.5 342.5 Fancy 52 735-735 735 342.5-342.5 342.5 Fancy 40 753-755 754 395-397.5 396.87 Fancy 98 762-796 770 279-325 314.56 255 806-837 818 273-328 294.29 507 856-899 879 269-297.5 289.76 96 908-948 935 265-289.85 283.64 31 953-996 966 230-264 257.82 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 349-349 349 432.5-432.5 432.5 4 371-371 371 385-385 385 Unweaned 11 380-392 385 332.5-352.5 341.39 30 420-449 433 355-407.5 387.66 6 465-475 470 332-340 335.96 Unweaned 79 458-499 477 320-380 354.35 58 502-548 524 291-357 337.13 4 532-532 532 310-310 310 Unweaned 20 557-599 575 310-321 316.89 32 600-645 634 272-319 308.96 38 651-698 668 261-315 294.1 6 689-689 689 286-286 286 Unweaned STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 1038-1046 1042 228-278 252.9 13 1101-1110 1107 223-236 231.03 4 687-687 687 285-285 285 8 805-805 805 295-295 295 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 2 238-238 238 445-445 445 4 250-292 271 465-470 467.31 18 312-344 330 472.5-560 501.51 73 350-397 374 445-580 500.01 15 367-392 381 445-492.5 471.98 Unweaned 14 408-408 408 552.5-552.5 552.5 Fancy 93 400-446 426 455-545 490.99 71 425-449 439 420-515 461.98 Unweaned 326 451-499 480 375-500 449.93 86 452-499 482 355-477.5 425.72 Unweaned 16 506-506 506 481-481 481 Fancy 91 503-545 516 375-460 414.77 Unweaned 428 501-549 522 373-475 426.24 698 551-599 575 356-444 400.3 275 552-598 579 335-414 389.4 Unweaned 17 605-611 607 397-398 397.64 Fancy 337 605-644 623 338-394 374.04 Unweaned 657 602-649 626 340-408 374.15 297 653-699 672 315-371 349.6 Unweaned 110 667-691 673 345-403.5 386.12 Fancy 110 667-691 673 345-403.5 386.12 Fancy 47 700-722 707 342.5-379.5 367.44 Fancy 729 700-748 726 321-374 345.34 118 705-746 727 306-340 324.5 Unweaned 197 755-790 770 300-350 327.56 15 775-775 775 301-301 301 Fleshy 15 775-775 775 301-301 301 Fleshy 385 808-847 825 301-359 337.71 412 850-897 871 282-344 333.39 310 905-937 918 306-336 326.93 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 305-328 320 405-465 432.85 15 392-392 392 445-470 460 7 415-431 422 440-480 457.51 Unweaned 38 400-440 426 370-490 449.84 4 455-455 455 350-350 350 Fleshy 50 453-497 475 381-445 415.87 39 512-540 523 350-415 398.73 80 550-598 586 323-397.5 371.74 51 615-649 636 307.5-357 324.48 14 641-641 641 339-339 339 Unweaned 9 655-686 668 317.5-346 329.38 Unweaned 22 672-688 678 310-335 326.54 49 708-724 715 301-321 313.56 5 746-746 746 302-302 302 Unweaned 5 777-777 777 280-280 280 7 807-821 813 300-313 307.37 27 852-895 871 290-312.5 300.33 6 916-916 916 222-222 222 --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1466-1466 1466 185-185 185 Average BULLS - 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1108-1275 1174 143-162.5 154.67 Average Light Weight 4 995-1890 1294 117-122.5 119.87 Low 36 1245-2215 1768 149-208 175.57 Average 4 1595-2105 1904 213-224 219.43 High COWS - Boner 80-85% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 41 1015-1380 1154 138-216 172.45 Average Return to Feed 21 1070-1595 1336 110-142 129.57 Low 56 1010-1825 1366 141-161 150.35 Average 3 855-915 877 192.5-260 220.66 Average Light Weight COWS - Breaker 75-80% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 41 1150-1550 1329 157-193 174.23 Average Return to Feed 58 1245-1860 1523 154-170 161.32 Average 15 1355-1670 1525 120-147 135.01 Low 31 1315-1915 1619 171-190 180.37 High COWS - Lean 85-90% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 925-1235 1057 117-144 129.29 Average Return to Feed 30 820-1495 1173 71-109 96.34 Low 56 1035-1675 1267 110-140 123.78 Average DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 10 1509-1720 1587 209-216.5 212.62 Average DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 14 1350-1630 1480 191-208 201.94 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 433 1180-1580 1386 213-231.75 222.85 Average HEIFERS - Select 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1000-1201 1091 180-215 204.43 Average Return to Feed HEIFERS - Select 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1210-1215 1213 190.5-192 191.25 Average Return to Feed HEIFERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 61 1103-1495 1271 211-219.75 216.78 Average HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 1010-1195 1125 211-220.5 212.83 Average Return to Feed 10 1150-1495 1260 208-216.25 211.24 Average Certified Prgms 5 1290-1425 1358 205-210 209.05 Average 4 1551-1750 1601 205-211 206.64 Average Heavy Weight STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 13 1350-1376 1371 215-219.5 218.11 Average 6 1475-1482 1480 219-222.25 221.17 Average Certified Prgms STEERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 356 1235-1675 1489 219-230 223.19 Average 9 1710-1885 1817 211-222 214.28 Average Heavy Weight STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 19 1506-1605 1518 217-217.75 217.53 Average Certified Prgms 28 1510-1574 1560 214.6-215.35 215.23 Average 4 1602-1720 1642 214.25-215.35 214.59 Average Heavy Weight STEERS - Select 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 15 1081-1290 1171 193-217 213.99 Average Return to Feed 5 1276-1480 1358 204.5-205 204.72 Average STEERS - Select 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1650-1705 1687 203-205 203.65 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 13 1160-1335 1243 212.5-222.5 217.3 Average Return to Feed 15 1205-1457 1350 211-220 215.06 Average Certified Prgms 64 1165-1540 1386 210-219.25 215.95 Average
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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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