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USDA WY,W.NE,SW SD&W.ND Fdr Cattle

USDA WY,W.NE,SW SD&W.ND Fdr Cattle 06/06 11:10 AMS_3237 MARS Wyoming-Nebraska Direct Cattle Report Direct Livestock - Cattle-N/A,OK Livestock Weighted Average Report for 06/02/2025 - Final This Week Last Reported -------------------------------------------------------------------------------- Total Receipts: -------------------------------------------------------------------------------- FEEDER CATTLE(F.O.B.): 255 FEEDER CATTLE(Delivered): 255 -------------------------------------------------------------------------------- First reported sales for a few weeks a market trend is not applicable. Demand is good to very good. Some spring calves for fall delivery starting to get sold. The lot on today's report will be weaned, all natural, NHTC and Gap certified. Some other contacts getting cattle lined up on upcoming video sales so they can have more than one offer or bid on their representative lots. Feedlot sales WOW!! Across the region this week bulk of the live sales in Nebraska sold at 240.00, 4.00 higher than last week and dressed sales sold 10.00 to 15.00 higher than last week at 380.00. The packers are out on Friday morning trying to finalize kill number for next week and for the next few weeks if the producers feel like selling. A few, 242 live fob sales have occurred. Supply included: 100% Feeder Cattle (100% Steers). Feeder cattle supply over 600 lbs was 100%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 2-3% shrink or equivalent, with a 10-12 cent slide > 600 lbs. -------------------------------------------------------------------------------- FEEDER CATTLE -------------------------------------------------------------------------------- STEERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Nov 255 625 625 370.00 370.00 NHTC Current 125 775 775 310.00 310.00 130 875 875 302.25 302.25
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial traders held a net-short futures position of 81,059 contracts as of June 3, an increase of 60,726 contracts as solid crop conditions and friendly weather kept sellers active during the CFTC reporting period.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 104,725 contracts as of June 3, an increase of 52,161 contracts, week-over-week. The July 2025 contract is priced 8 1/2 cents higher than the September 2025 contract, a spread that weakened significantly over the past week. DTN's National Cash Index indicated that corn basis firmed over the most recent week to 23 cents under the July board, an improvement of 1 cent on the...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex closed mixed as the cattle contracts remained cautious, but the lean hog complex had enough fundamental support to close fully higher. Big items to watch for on Thursday will be the morning's WASDE report and any developments in the fed cash cattle market.

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