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USDA Valentine, NE Wtd Avg

USDA Valentine, NE Wtd Avg 05/07 20:00 AMS_1856 MARS Valentine Livestock Auction - Valentine, NE Valentine-Valentine,NE Livestock Weighted Average Report for 05/07/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 5880 0 0 No recent test of market for an accurate comparison a trend will not be given for steers or heifers. However, a higher undertone was noted on most weights. Demand was very good with several buyers and active internet bidding. Most cattle sold in light flesh with weigh-up in the buyers favor. Several consignments in town due to loss of pasture grass from recent fires and the lingering drought across the trade area. Ranchers have opted to sell would be yearling cattle to save grass for cow/calf pairs on the ranch. Next Auction Dates May 14th Weigh-up, Bred Cows, and May 21st Weigh-ups --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 1065-1065 1065 290-290 290 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 17 395-395 395 520-520 520 8 434-434 434 570-570 570 144 450-480 473 539-567.5 549.84 257 510-548 530 487.5-517.5 501.05 339 561-592 579 455-487.5 472.06 149 609-623 617 435-481 448.81 50 613-636 623 480-483 481.29 Fancy 61 665-665 665 471-471 471 Replacement 183 659-694 672 410-457.5 423.51 18 720-720 720 416-416 416 17 759-759 759 415-415 415 Replacement 51 790-790 790 362-362 362 53 805-810 807 363-370 366.56 Replacement 55 893-893 893 358-358 358 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 418-418 418 515-515 515 26 471-492 478 487.5-502.5 492.84 6 540-540 540 487.5-487.5 487.5 20 589-589 589 452.5-452.5 452.5 22 625-625 625 430-430 430 51 674-696 684 390-405 398.12 32 715-740 735 377.5-385 379.1 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 31 415-443 432 600-620 607.43 112 458-496 488 553-610 569.88 226 511-538 529 511-571 546.73 105 563-563 563 537-537 537 Thin Fleshed 96 567-567 567 544-544 544 Fancy 231 562-595 579 509-534 519.68 458 607-645 633 474-497 480.84 184 646-646 646 500-500 500 Fancy 265 651-692 672 445-476 459.01 530 711-743 726 421-449 442.31 78 760-796 771 382.5-423 403.89 363 801-827 806 404-416.75 415.11 70 888-898 897 367.25-372.5 367.92 120 902-945 924 365-368 366.47 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 19 451-451 451 570-570 570 59 530-544 539 510-541 519.88 38 587-596 594 486-500 489.64 10 648-648 648 445-445 445 67 683-697 687 434-436 434.58 44 720-737 723 383-416 405.99 12 750-750 750 377.5-377.5 377.5 60 828-836 832 379-387 383.11
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 383,537 contracts as of May 12 and were net-sellers of 49,847 contracts during the CFTC reporting period as traders booked profits on length amid renewed peace efforts in the Middle East and few issues for U.S. planting thus far.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 259,956 contracts as of May 12 and were net-buyers of 108,892 contracts through the CFTC reporting period. The July 2026 contract is priced 7 1/2 cents lower than the September 2026 contract, widening (more carry) through the week and to the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex ended the day mixed, with the cattle contracts able to rally mildly through the day's end, while the lean hog contracts continue to struggle. Still no cash cattle trade has developed.

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