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

USDA WY,W.NE,SW SD&W.ND Fdr Cattle 08/29 10:30 AMS_3237 MARS Wyoming-Nebraska Direct Cattle Report Direct Livestock - Cattle-N/A,OK Livestock Weighted Average Report for 08/25/2025 - Final This Week Last Reported -------------------------------------------------------------------------------- Total Receipts: -------------------------------------------------------------------------------- FEEDER CATTLE(F.O.B.): 70 1085 FEEDER CATTLE(Delivered): 700 110 -------------------------------------------------------------------------------- No comparable offerings for a market comparison. Demand was good with several buyers looking for cattle to purchase. With the southern borders shut down to imports this has made southern buyers come north to try and purchase cattle from auctions, videos and in the country from the Northern Plains. Cattle prices jump almost every day in the real world as buyers shrug off the fluctuations on the CME cattle boards. Some normal yearling cattle buyers feel like they have missed the boat and are starting to think about bawling spring calves as their next option to purchase to keep feedlot pens full. Like a wise man once said, "we don't know if these cattle are too high yet, we haven't sold them to see if they make a profit or loss." Area feedlot trade would be rather steady on the week, with live sales at 245.00 and dressed sales at 385.00 with a few up to 292.00. Supply included: 100% Feeder Cattle (90.9% Steers, 9.1% Heifers). Feeder cattle supply over 600 lbs was 100%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 3% shrink or equivalent, with a 10 cent slide > 600 lbs. -------------------------------------------------------------------------------- FEEDER CATTLE -------------------------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Current 70 750 750 340.00 340.00 STEERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Current 700 925 925 345.75 345.75
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for December corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 70,940 contracts as of August 26, a decrease of 34,270 contracts as speculators have turned to short covering amid a shift to drier weather through August for the southern and eastern Corn Belt.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 93,769 contracts as of August 26, a decrease of 30,186 contracts week over week. The December 2025 contract is priced 17 1/2 cents lower than the March 2026 contract, a spread that held even on the week but is indicative of overall comfortable supplies expected for new crop corn.

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Livestock futures ended mixed Tuesday with limited late-day pressure developing in cattle futures, offsetting early-day gains. Narrow losses in spot month October live cattle futures pulled price levels below the $240 per cwt level seen during early trade activity and caused some traders to wonder if early September could see some additional softness across the cattle market.

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