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USDA Huss and Lexington Livestock Video Auction

USDA Huss and Lexington Livestock Video Auction 08/26 11:45 AMS_2938 MARS Huss and Lexington Livestock Video/Internet Auction Huss Livestock-Kearney,NE Livestock Weighted Average Report for 08/26/2026 - Final This Week Last Reported -------------------------------------------------------------------------------- Total Receipts: -------------------------------------------------------------------------------- FEEDER CATTLE: -------------------------------------------------------------------------------- First reported video sale in a month, a market trend is not applicable. Demand was good. All weights less than 700 lbs will be bawlers right off the cow with fall vaccinations the time of delivery. Bulk of the cattle are in Nebraska with a couple lots from Kansas. All lots had a two weight slide with a weight stop on the top end. Supply included: 100% Feeder Cattle (81% Steers, 19% Heifers). Feeder cattle over 600 lbs was 70%. Feeder Cattle prices FOB based on net weights after a 1-3% pencil shrink or equivalent, with a 10-20 cent slide > 600 lbs and 25-30 cent slide < 600 lbs. -------------------------------------------------------------------------------- FEEDER CATTLE -------------------------------------------------------------------------------- North Central -------------------------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ----------- --------- Dec 170 660 660 356.5 356.5 STEERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ----------- --------- Dec 160 700 700 380 380 Sep 95 575 575 440 440 Oct 110 460 460 525 525 207 560-585 571 462-482.5 473.17 450 670 670 388 388 South Central -------------------------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ----------- --------- Dec 85 675 675 348 348 STEERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ----------- --------- Dec 80 700 700 378.5 378.5
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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 302,142 contracts as of August 18, and were net-buyers of 57,230 contracts during the CFTC reporting period as traders returned as avid buyers amid lower yield ideas following the August WASDE and mid-August Midwest crop tours.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 245,600 contracts as of August 18, and were net-sellers of 47,472 contracts through the CFTC reporting period. The September 2026 contract is priced 24 3/4 cents lower than the December 2026 contract, weakening through the week to the highest degree of carry between...

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Commentary

DTN Ag Host Midday Livestock

DTN Ag Host Midday Livestock

The livestock complex is trading mostly lower into midday Friday as it's simply been a disappointing week where not enough fundamental support has appeared. Some light cash cattle trade is developing in the South at $222, which is $3.00 lower than last week's weighted average.

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