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USDA Bassett, NE Weighted Average

USDA Bassett, NE Weighted Average 10/29 17:10 AMS_1852 MARS Bassett Livestock Auction - Bassett, NE Bassett-Bassett,NE Livestock Weighted Average Report for 10/29/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2850 3660 6420 Today's auction started with yearlings, followed by weaned and non-weaned calves that received fall vaccinations. Compared to two weeks ago, the market showed a significant downward trend for both steers and heifers. Demand was moderate to good, with buyers focusing on quality and condition. Next auction dates are November 5th, 12th, and 19th, featuring special yearling and calf auctions. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 1063-1063 1063 288-288 288 21 350-350 350 510-510 510 41 414-429 424 472.5-477.5 474.29 42 473-475 474 430-441 434.96 63 506-548 510 425-439 437.57 181 554-572 559 457-471 463.42 70 600-649 611 360-377 373.13 94 608-637 616 365-385 377 Unweaned 11 652-652 652 353-353 353 15 815-815 815 322.5-322.5 322.5 20 894-894 894 308.5-308.5 308.5 14 974-974 974 304.5-304.5 304.5 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 18 451-481 467 417.5-422.5 419.38 20 526-526 526 400-400 400 67 558-569 563 407.5-430 417.35 20 614-644 629 353-357.5 355.2 Unweaned STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 132 1019-1038 1035 330.5-339.75 338.3 58 1055-1055 1055 333.5-333.5 333.5 150 1101-1101 1101 330.5-330.5 330.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 59 1055-1055 1055 341-341 341 28 388-388 388 540-540 540 65 406-448 423 515-519 517.42 117 451-471 463 490-512.5 501.42 265 500-549 528 443-491 462.24 93 573-573 573 475-475 475 Fancy 93 573-573 573 475-475 475 Fancy 160 609-647 630 397.5-418 401.62 Unweaned 9 639-639 639 381-381 381 49 648-648 648 429-429 429 Fancy 46 654-654 654 399-399 399 55 663-663 663 424-424 424 Fancy 143 650-686 667 380-403 394.15 Unweaned 43 707-707 707 376-376 376 Unweaned 34 757-757 757 358-358 358 36 938-938 938 333-333 333 28 962-999 990 316-321 317.21 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 27 448-448 448 475-475 475 46 452-495 483 442.5-480 470.59 17 585-587 586 410-414 412.82 5 612-612 612 358-358 358 Unweaned 12 666-666 666 355-355 355 Unweaned 15 686-686 686 355.5-355.5 355.5
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for December corn is revised to sideways.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 51,186 contracts as of September 23, an increase of 15,017 contracts during the CFTC reporting period as traders turned to selling amid technical pressure in the corn market.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 79,646 contracts as of September 23, the most recent CFTC report. The December 2025 contract is priced 13 3/4 cents lower than the March 2026 contract, steady over the week but among the narrowest the spread has been since spring of 2025. DTN's National Corn Index implies a corn basis of 39 cents under the December board, firming 2 cents...

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Commentary

DTN Ag Host Midday Livestock

DTN Ag Host Midday Livestock

It's been a quiet morning for the livestock complex as the cattle contracts are trading slightly higher, but the lean hog contracts are still trading lower as demand remains weak. There are some bids on the table for the fed cash cattle market, but no new trade has developed.

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