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USDA Sheldon, IA Weighted Average

USDA Sheldon, IA Weighted Average 03/26 14:50 AMS_2154 MARS Sheldon Livestock Slaughter Cattle - Sheldon, IA Sheldon Livestock Auction-Sheldon,IA Livestock Weighted Average Report for 03/26/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 554 459 0 No comparison today, as there hasn't been a recently reported sale. The auction consisted of one load of heifers, several half loads and many smaller strings. Good demand for this offering of quality cattle. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1305-1305 1305 218-218 218 Average Return to Feed DAIRY HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1420-1738 1632 213-221 215.32 Average DAIRY HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1448-1540 1493 208-209 208.72 Average DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 15 1284-1436 1395 207-220 216.81 Average Return to Feed 31 1549-1779 1663 224-230 226.57 Average DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1302-1367 1335 205-220 212.68 Average Return to Feed 16 1559-1933 1646 211-219 214.66 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 16 1233-1548 1305 236-241.75 237.11 Average Certified Prgms 146 1260-1553 1411 234-240 236.36 Average 2 1495-1495 1495 238-238 238 Average Natural 2 1665-1680 1673 234-239 236.49 Average Heavy Weight HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 25 1231-1355 1272 227-233 232.36 Average 3 1457-1457 1457 230-230 230 Average Certified Prgms 5 1652-1655 1653 225-231 227.4 Average Heavy Weight STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 37 1328-1460 1365 236-241.5 237.92 Average 6 1484-1484 1484 237-237 237 Average Certified Prgms STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 32 1505-1590 1544 234.5-240 235.95 Average 2 1628-1628 1628 241-241 241 Average Natural 56 1600-1810 1654 236-242 238.74 Average Heavy Weight 32 1604-1738 1684 240-242.25 240.86 Average Certified Prgms STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1085-1295 1234 225-232 229.69 Average Return to Feed 4 1310-1310 1310 226-226 226 Average Certified Prgms 23 1375-1452 1427 229-234.5 233.85 Average STEERS - Select and Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 13 1559-1583 1565 231-233.75 233.04 Average 7 1641-1641 1641 233.75-233.75 233.75 Average Heavy Weight
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for May corn is revised to higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 375,360 contracts as of March 24, and were net-buyers of 63,018 contracts during the CFTC reporting period as prices rallied on bullish influence from energy markets due to the ongoing war in the Middle East.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 314,222 contracts as of March 24, and were net-sellers of 58,599 contracts through the CFTC reporting period. The May 2026 contract is priced 11 3/4 cents lower than the July 2026 contract, widening (more carry) through the week, and still among the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Livestock futures started the Thursday session with very limited interest, allowing prices to hold limited gains in cattle futures through early hours of trade, but softness developed in feeder cattle and lean hog trade during late morning trade.

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