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USDA Knoxville, IA Weighted Average

USDA Knoxville, IA Weighted Average 09/15 15:45 AMS_2151 MARS Knoxville Regional Feeder Cattle - Knoxville, IA Knoxville Livestock Auction - Iowa-Knoxville,IA Livestock Weighted Average Report for 09/15/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1138 655 0 Today at Knoxville was the Annual Customer Appreciation Lunch. No comparison of todays auction as the previous auction was more than three weeks prior. Demand was good today and included internet bidders. Supply was heavy and included many smaller packages of mostly yearlings and unweaned calves. Two consignors brought more than 300 head. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 316-333 323 575-585 579.41 Fancy 11 358-386 369 460-497.5 471.8 24 421-430 428 450-475 458.91 25 480-495 485 409-417 413.27 4 495-495 495 400-400 400 Unweaned 35 504-504 504 428-428 428 Fancy 26 509-545 522 388-400 394.58 20 564-564 564 403-403 403 Fancy 16 560-574 567 360-376 367.9 6 579-579 579 353-353 353 Unweaned 26 602-631 609 339-354 350.19 40 650-675 664 333-342 336.74 107 701-733 719 329.5-338 330.25 13 751-783 771 309.5-325.5 315.5 87 818-827 823 309.5-334 314.87 10 853-886 872 304-330 321.68 7 907-913 910 296-311 304.55 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 347-347 347 410-410 410 7 385-385 385 445-445 445 4 583-583 583 335-335 335 Unweaned STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 355-355 355 555-555 555 Unweaned 9 385-399 394 567.5-577.5 570.75 19 416-434 431 497.5-527.5 502.07 55 462-485 472 477.5-501 488.53 10 491-491 491 432.5-432.5 432.5 Unweaned 84 508-549 537 430-441 433.54 22 560-590 571 392-422 414.21 15 602-633 611 371-394 387.25 24 610-635 616 341-390 377.38 Unweaned 11 675-675 675 362-362 362 8 677-677 677 339-339 339 Fleshy 24 716-745 739 359.5-368.5 361.32 6 755-786 771 340-361.5 350.53 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 375-375 375 525-525 525 11 431-448 436 460-472.5 468.99 10 533-533 533 388-388 388 8 587-587 587 368-368 368
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Market Strategies

CORN Strategies Snapshot

TREND: The trend in most active corn futures is revised to higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 542,999 contracts as of Sept. 8, closing in on the all-time record of 547,677 contracts set in late January of 2021. Traders were net-buyers of 6,256 contracts as bullish momentum picked up on lower U.S. yield forecasts as well as Black Sea grain supplies being cut off by recent attacks against shipping infrastructure.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 470,605 contracts as of Sept. 8 and were net-buyers of 6,216 contracts through the CFTC reporting period. The December 2026 contract is priced 15 cents lower than the March 2027...

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Cattle futures were under substantial pressure on Thursday as traders would rather liquidate positions ahead of the Cattle on Feed report than take a chance on it. Frankly, hog futures held well despite cash and cutout weakness.

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