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USDA Bassett, NE Weighted Average

USDA Bassett, NE Weighted Average 09/16 19:00 AMS_1852 MARS Bassett Livestock Auction - Bassett, NE Bassett-Bassett,NE Livestock Weighted Average Report for 09/16/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2040 1780 3565 A limited number of comparable offerings from two weeks ago with 1000 lbs steers trading 4.00 higher and 900 lbs spayed heifers trading 11.00 higher. Demand was good with several buyers and active internet bidding. Next Auction Date: Sept 30th Special Feeder Cattle Auction. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 175 1004-1047 1028 285-304 292.6 15 1085-1085 1085 275-275 275 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 64 1003-1003 1003 307.25-307.25 307.25 10 1078-1078 1078 285-285 285 9 513-513 513 410-410 410 48 614-643 626 357.5-365 361.79 10 682-682 682 339.5-339.5 339.5 15 713-713 713 345-345 345 27 785-785 785 334-334 334 205 803-847 827 319-330.5 325.73 32 856-868 863 301-309 305.96 134 904-904 904 318.5-318.5 318.5 Spayed 215 906-948 921 287-315.5 305.55 137 950-966 952 304.5-309 308.43 Spayed 131 960-975 967 283-313.5 304.43 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 466 1050-1089 1069 297-315 310.47 50 1110-1110 1110 303.5-303.5 303.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 13 642-642 642 393-393 393 55 710-728 723 373-388.5 384.63 10 825-825 825 351-351 351 26 866-881 877 346-349.5 346.93 67 967-967 967 341.5-341.5 341.5
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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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