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USDA Erickson/Spalding Wtd Avg

USDA Erickson/Spalding Wtd Avg 03/28 18:00 AMS_1853 MARS Ericson Livestock Market - Ericson, NE Ericson-Ericson,NE Livestock Weighted Average Report for 03/28/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2994 2511 4816 Compared to two weeks ago, steers 600-750 lbs sold steady to 5.00 lower and steers 750-900 lbs sold steady to 5.00 higher. Heifers over 600 lbs sold steady to 10.00 higher except 650-700 lbs heifers sold 10.00 to 20.00 lower. Demand was moderate to good from the buyers in the crowd with internet activity noticed. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 328-328 328 595-595 595 Unweaned 39 374-378 375 550-565 559.96 47 444-444 444 495-495 495 Unweaned 61 452-481 478 475-495 476.86 29 482-482 482 447.5-447.5 447.5 Unweaned 28 531-531 531 437-437 437 Unweaned 98 523-538 534 447.5-467.5 461.45 121 550-590 571 422.5-455 438.61 372 613-645 630 402.5-422.5 413.81 10 654-654 654 372.5-372.5 372.5 Unweaned 115 657-693 680 369-386 374.29 60 703-703 703 3050-3050 3050 Replacement 135 711-733 726 363.5-374 371.59 16 763-763 763 351-351 351 68 764-764 764 3175-3175 3175 Replacement 74 803-835 813 331.5-347 342.05 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 355-388 367 1925-1975 1943.89 23 405-445 432 495-505 501.42 5 492-492 492 452.5-452.5 452.5 24 505-506 505 432.5-435 434.17 74 827-827 827 324.5-324.5 324.5 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 594-594 594 442.5-442.5 442.5 6 810-810 810 340-340 340 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 327-327 327 2100-2100 2100 11 371-371 371 645-645 645 Thin Fleshed 12 425-429 427 555-562.5 558.77 18 443-443 443 560-560 560 Unweaned 14 464-464 464 555-555 555 24 476-476 476 575-575 575 Thin Fleshed 29 483-483 483 532.5-532.5 532.5 Unweaned 81 502-525 508 534-565 549.3 52 536-536 536 528-528 528 Unweaned 170 579-591 587 455-480 471.75 173 600-640 622 437.5-469 447.51 273 653-696 686 409-431 425.88 13 708-708 708 399-399 399 Unweaned 76 711-719 717 405-414.5 412.02 82 756-798 789 378.5-385.5 384.11 122 811-849 826 361-375 370.82 181 877-877 877 357.75-357.75 357.75 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 37 526-545 536 470-516 496.32 23 571-595 588 410-437.5 429.37 17 617-621 619 400-427 415.92
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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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