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USDA Erickson/Spalding Wtd Avg

USDA Erickson/Spalding Wtd Avg 10/24 18:00 AMS_1853 MARS Ericson Livestock Market - Ericson, NE Ericson-Ericson,NE Livestock Weighted Average Report for 10/24/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 3670 2573 2171 REPLACEMENT CATTLE 116 245 0 Compared to last week steer calves over 400 lbs sold steady to 10.00 higher and heifers calves under 600 lbs sold steady to 5.00 lower. The yearling feeder steers and heifers sold steady to 10.00 higher. Demand was good from larger than normal number of buyers in the crowd participating in the bidding and buying with an active internet also noticed throughout the day. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 1029-1029 1029 273-273 273 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 349-349 349 515-515 515 17 354-354 354 1875-1875 1875 29 371-371 371 547.5-547.5 547.5 Fancy 25 383-390 386 475-492.5 479.25 42 400-410 405 505-520 512.41 Fancy 5 436-436 436 465-465 465 83 460-460 460 505-505 505 Fancy 53 458-468 465 465-465 465 Thin Fleshed 142 458-497 482 422.5-450 439.65 222 501-548 516 417.5-441 434.47 50 523-523 523 490-490 490 Fancy 161 563-597 572 377.5-409 400.85 33 632-632 632 388-388 388 Unweaned 178 837-839 839 344.5-352 346.31 123 856-856 856 331-331 331 188 947-947 947 302-302 302 184 955-981 959 290-305 304.42 62 960-970 969 285-286 285.08 Fleshy HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 20 489-489 489 410-410 410 15 594-594 594 364-364 364 7 608-608 608 365-365 365 Unweaned 22 728-741 733 338-340 338.83 37 794-794 794 325-325 325 13 813-813 813 322-322 322 27 853-869 864 302-304 303.42 30 917-917 917 288-288 288 8 980-980 980 285-285 285 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 1003-1003 1003 308-308 308 STEERS - Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 1041-1041 1041 256-256 256 Fleshy STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 46 353-398 380 540-555 546.25 25 390-390 390 591-591 591 Thin Fleshed 13 403-403 403 572.5-572.5 572.5 Thin Fleshed 94 439-449 448 537.5-547.5 546.56 201 450-488 477 495-515 509.74 25 512-512 512 507.5-507.5 507.5 Thin Fleshed 301 508-546 531 465-493 482.96 280 555-598 584 418-450 435.7 164 600-634 622 412.5-426 419.81 Unweaned 125 650-673 658 391-409 404.07 Unweaned 25 724-724 724 361-361 361 Unweaned 120 889-889 889 357-357 357 71 915-915 915 319-319 319 Fleshy 113 973-973 973 323-323 323 Fleshy STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 306-306 306 480-480 480 34 560-579 566 402.5-415 406.26 53 773-774 774 352.5-358 355.41 19 805-805 805 346-346 346 7 806-806 806 285-285 285 Fleshy --------------------------------------------------------------- REPLACEMENT CATTLE --------------------------------------------------------------- BRED HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 997-997 997 3350-3350 3350 T1 BRED HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 79 993-1024 1005 3700-3775 3756.16 BRED HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 974-974 974 3875-3875 3875
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CORN Strategies Snapshot

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

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 286,689 contracts as of Oct.20, net-sellers of 71,678 contracts as traders rushed to secure profits following the recent bearish USDA updates and advancement of U.S. harvest.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 261,080 contracts as of Oct. 20, and were net-buyers of 65,878 contracts through the CFTC reporting period. The December 2026 contract is priced 14 cents lower than the March 2027 contract, fading (adding carry) 2 1/4 cents through the week as traders appear uncertain of where national corn productivity will land in...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Still no cash cattle trade has developed as once again packers and feedlot managers go toe to toe. What a day it was. The Cattle on Feed report was extremely bullish with placements down 12%, and the fed cash cattle market has yet to trade any cattle as packers and feedlot managers go toe to toe.

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