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USDA Ogallala, NE Feeder Cattle Weighted Average

USDA Ogallala, NE Feeder Cattle Weighted Average 03/26 19:00 AMS_1850 MARS Ogallala Livestock Auction - Ogallala, NE Ogallala-Ogallala,NE Livestock Weighted Average Report for 03/26/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 6637 5638 4578 Compared to two weeks ago, steers less than 850 lbs sold 4.00 to 8.00 higher. Over 850 lbs sold 2.00 higher. Bulk of the heifers sold steady to weak except a flat 6 wt heifers sold 8.00 higher. Demand was moderate to good. Active internet buying on the day. Very large string of one iron heifers came to town due to the "Morrill" range fire in the trade area. The ranch company lost all its winter and summer grazing along with stock piles of hay and made the decision to sell their bangs vaccinated heifers. Rain is needed across the state to help revitalize the burned and non-burned Sandhills grass lands. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 117 426-426 426 522-522 522 506 468-493 480 495-511 501 59 502-502 502 508-508 508 Fancy 934 521-545 531 468-490.5 481.88 164 559-578 573 465.5-467.5 465.99 Fancy 468 550-590 574 440-457 448.4 386 600-633 613 413-431 422.82 129 654-684 671 377.5-392 385.77 164 722-745 742 352-364.5 361.14 62 749-749 749 364.5-364.5 364.5 NHTC 36 753-753 753 358-358 358 Replacement 90 750-784 774 338.5-346 341.83 32 801-801 801 380-380 380 Replacement 46 814-817 815 325-346 339.59 192 856-870 866 322.5-339 329.61 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 28 488-494 492 487.5-490 488.47 77 500-511 506 444-451 447.86 19 582-582 582 434-434 434 37 697-697 697 367-367 367 20 821-821 821 323-323 323 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 51 422-433 425 560-580 565.99 99 452-452 452 563-563 563 60 516-521 520 510-519 517.21 167 555-595 569 477.5-517.5 496.52 28 612-612 612 469-469 469 NHTC 53 617-619 618 462-470 464.56 230 657-675 667 427.5-448 437.52 267 716-744 727 390-406 403.88 51 756-756 756 394.5-394.5 394.5 NHTC 137 753-791 771 372-384 378.2 112 815-827 819 355.5-370 366.15 115 851-855 854 336-351 347.75 46 878-878 878 351-351 351 NHTC 124 908-920 914 348.5-350 349.25 NHTC 148 908-949 928 329.5-340 335.55 13 965-965 965 317-317 317 Fleshy 222 980-980 980 337-337 337 NHTC STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 26 492-492 492 530-530 530 61 688-696 690 416-422 420.31
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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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