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USDA Bassett, NE Weighted Average

USDA Bassett, NE Weighted Average 01/28 17:05 AMS_1852 MARS Bassett Livestock Auction - Bassett, NE Bassett-Bassett,NE Livestock Weighted Average Report for 01/28/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 6475 5605 5510 Compared with the auction two weeks ago, steer offerings 550 to 750 lbs traded unevenly steady. Heifer offerings 550 to 600 lbs traded 3.00 to 10.00 higher and 650 lbs weights trading 9.00 lower. Demand was good with several buyers at the barn and a very active internet. Next Auction Dates Feb 4th Special Feeder Cattle Auction and Bull Sale, Feb 11th Special Bred Cow and Bred Heifer Auction --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 424-424 424 505-505 505 10 453-453 453 533-533 533 150 519-548 531 458-490 476.4 145 550-592 569 425-455 447.69 65 613-613 613 428-428 428 Replacement 719 607-649 622 396-422 411.02 307 653-697 675 366-396 381.37 251 658-697 678 400-420 408.62 Replacement 135 713-722 718 448-455 451.35 Replacement 115 701-746 724 376-403 389.4 77 750-768 756 345-371 362.34 95 752-783 767 405.5-435 420.73 Replacement 46 812-832 822 335-337 335.99 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 13 482-482 482 497-497 497 39 524-549 541 436-452.5 447.84 52 633-645 642 390-395 391.04 36 727-749 738 335-365 352.04 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 176 1046-1046 1046 316-316 316 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 423-423 423 577-577 577 19 526-526 526 521-521 521 161 550-586 573 477-500 488.9 89 603-619 608 457.5-470 463.78 670 651-693 674 415-442.5 430.55 332 707-736 721 403.5-415 409.02 662 753-787 773 375-402.5 385.21 210 807-830 815 366.5-375 373.67 102 859-872 869 351-351.5 351.37 317 950-966 957 326.25-339 327.28 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 22 523-523 523 486-486 486 27 575-587 582 457.5-465 462.53 148 670-680 679 404-414 404.8
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for March corn is sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 51,704 contracts as of Jan. 20 and were net-sellers of 18,281 contracts during the CFTC reporting period following a bearish surprise in the Crop Production and WASDE reports released by USDA on Jan. 12.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 68,044 contracts as of Jan. 20 and were net-buyers of 19,121 contracts through the CFTC reporting period. The March 2026 contract is priced 7 3/4 cents lower than the May 2026 contract, mostly steady through the week. National average corn basis firmed a penny through the week to 35 cents under the March board.

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Cattle futures are finding sufficient support to push higher on the anticipation of higher cash trade. Feeder cattle led the charge, pushing through resistance. Hogs ran out of steam, correcting for the overbought status.

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