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USDA IA Fdr Cattle Wkly Wtd Av

USDA IA Fdr Cattle Wkly Wtd Av 05/11 08:15 AMS_2167 MARS Iowa Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 05/04/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 5227 7427 9494 SLAUGHTER CATTLE 927 1741 1134 Compared to last week steers sold unevenly steady with instances 5.00 higher on some feeder cattle. Heifers less than 550 lbs sold steady, over 550 lbs sold mostly 8.00 higher. Slaughter steers sold 3.00 higher, heifers sold steady. Slaughter cows sold steady to 4.00 lower and bull sold 4.00 higher. Demand was moderate to good. Offering comprised of bawling and weaned fall calves with a few yearlings in the mix. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 402-402 402 520-520 520 5 581-581 581 363-363 363 4 708-708 708 340-340 340 Unweaned 4 788-788 788 300-300 300 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 1144-1144 1144 239-239 239 8 1156-1156 1156 250-250 250 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 337-346 341 500-515 508.24 3 348-348 348 525-525 525 Unweaned 30 356-386 373 525-590 558.85 30 356-386 373 525-590 558.85 14 391-391 391 532.5-532.5 532.5 Unweaned 104 400-448 427 490-545 519.19 17 411-435 428 520-545 537.94 Unweaned 34 462-481 472 467-502.5 486.6 Unweaned 90 468-493 485 473-515 503.13 24 519-519 519 455-455 455 Unweaned 225 501-544 523 443-500 461.54 86 565-585 570 400-445 434.38 Unweaned 259 551-599 580 410-450 438.11 33 606-612 610 395-400 396.81 Unweaned 172 605-642 615 374-427 405.46 203 653-698 672 367.5-408 379.71 7 673-673 673 320-320 320 Unweaned 66 707-712 709 372.5-374 373.05 9 732-732 732 329.5-329.5 329.5 Unweaned 85 769-796 772 325-357.25 351.24 5 786-786 786 300-300 300 Fleshy 42 800-835 817 325-341 330.75 27 851-875 854 328-332.5 328.51 8 904-945 925 285-290 287.56 3 990-990 990 307.5-307.5 307.5 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 394-398 396 450-490 472.76 22 412-439 430 450-499 485.35 36 466-493 484 415-470 459.84 48 501-548 526 400-445 427.05 16 553-555 554 360-427.5 406.35 31 612-636 628 347.5-383 366.58 5 648-648 648 359-359 359 Unweaned 13 702-716 708 340-357.5 349.34 5 778-778 778 315-315 315 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 956-956 956 325-325 325 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 278-278 278 680-680 680 3 330-330 330 660-660 660 61 354-399 376 585-637.5 614.58 18 375-398 394 625-640 627.38 Unweaned 111 400-447 441 550-600 589.86 19 449-449 449 578-578 578 Unweaned 31 462-487 476 550-572.5 556.12 Unweaned 115 452-486 477 522.5-570 547.97 40 508-542 520 465-538 504.37 Unweaned 285 501-546 526 495-552.5 521.77 37 551-586 568 466-490 474.09 Unweaned 258 552-598 572 473-515 498.07 111 607-640 621 417.5-472 455.38 Unweaned 245 606-644 624 428-474 458.75 34 655-683 663 385-404 397.98 Unweaned 198 650-698 675 400-460 431.54 111 703-747 715 389-423 414.3 133 752-789 765 380.5-411.5 393.52 6 817-817 817 377-377 377 Unweaned 212 800-849 825 368.25-388 381.02 150 850-888 864 356-377.25 374.62 54 928-928 928 361-361 361 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 363-363 363 600-600 600 6 377-377 377 500-500 500 Unweaned 8 444-444 444 562.5-562.5 562.5 37 458-489 475 480-527.5 501.68 20 504-543 516 470-511.5 495.61 51 565-588 579 425-477.5 454.86 17 638-647 643 433-437.5 435.1 20 671-693 686 376-415 387.44 7 740-740 740 370-370 370 22 806-807 806 350-354 352.54 8 864-864 864 342-342 342 7 954-954 954 310-310 310 --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 12 1377-1424 1397 250-253.25 251.87 Average BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 15 1304-1685 1454 235-250 241.49 Average BULLS - 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 910-1160 1077 200-245 222.74 Average Light Weight 14 1320-2580 1840 175-230 210.73 Average 12 1440-2525 1967 225-251 239.43 High COWS - Boner 80-85% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 27 1010-1440 1164 161-247.5 185.78 Average Return to Feed 24 1030-1670 1359 150-170 162.62 Average 4 850-995 940 167-225 191.53 Average Light Weight COWS - Breaker 75-80% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 35 1235-1760 1383 156-195 182.13 Average Return to Feed 20 1380-1755 1508 184-196 187.42 High 32 1235-1820 1545 170-182 176.73 Average 2 1465-1745 1605 147.5-162 155.38 Low COWS - Lean 85-90% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 1040-1430 1171 119-159 140.65 Average 6 710-955 858 117-142 133.21 Average Light Weight DAIRY HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1280-1343 1327 223-227 226.04 Average DAIRY HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1345-1593 1507 219-220 219.47 Average DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 44 1260-1803 1605 232-244.25 237.91 Average DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 11 1420-1800 1557 220-231 227.74 Average 3 1772-1772 1772 229-229 229 Average Certified Prgms HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 173 1210-1678 1416 254-260 257.19 Average 19 1369-1613 1478 254-259.25 257.4 Average Certified Prgms 2 1653-1653 1653 255.5-255.5 255.5 Average Heavy Weight HEIFERS - Select 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 1040-1040 1040 254-254 254 Average Return to Feed HEIFERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 8 1025-1535 1301 234-250 244.4 Average HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 19 1050-1225 1173 250-265 253.73 Average Return to Feed 11 1220-1498 1361 248-253.5 249.42 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 28 1408-1455 1445 255.5-260 256.45 Average STEERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 122 1210-1697 1481 252-261 257.35 Average 7 1703-1855 1764 240-259 253.68 Average Heavy Weight STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 1515-1554 1538 257-259.25 258.34 Average 38 1604-1797 1653 256.5-261 258.56 Average Heavy Weight 24 1586-1718 1662 255.5-261.25 257.78 Average Certified Prgms STEERS - Select 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1157-1175 1163 225-250 241.58 Average Return to Feed STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1200-1210 1207 255-259 257.67 Average Return to Feed 8 1145-1535 1469 239-250 248.04 Average STEERS - Select and Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1550-1555 1554 250-252 251.72 Average 31 1513-1854 1741 250.75-253.75 252.08 Average Certified Prgms 12 1635-1804 1790 251-252 251.08 Average Heavy Weight
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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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