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USDA Bassett, NE Weighted Average

USDA Bassett, NE Weighted Average 10/01 14:00 AMS_1852 MARS Bassett Livestock Auction - Bassett, NE Bassett-Bassett,NE Livestock Weighted Average Report for 10/01/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1740 4455 7010 A limited number of comparable offerings from last week, with 850 lbs steers trading 13.00 higher. Demand was good with several buyers and active internet bidding. Next Auction dates Oct 8th and 15th --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 21 1000-1023 1008 304-326 318.56 6 1053-1053 1053 300-300 300 15 749-749 749 357.5-357.5 357.5 63 791-791 791 406-406 406 Replacement 49 820-820 820 352.75-352.75 352.75 17 900-939 916 330-332 331.16 323 917-938 929 335-341.5 338.35 Spayed 45 956-984 963 323-334 330.53 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 328 1003-1025 1016 345.25-346 345.54 63 829-829 829 378-378 378 424 859-885 874 380-382.25 381.27 61 917-917 917 367.5-367.5 367.5 244 956-995 964 346.25-355 353.15
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for December corn is revised to sideways.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 51,186 contracts as of September 23, an increase of 15,017 contracts during the CFTC reporting period as traders turned to selling amid technical pressure in the corn market.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 79,646 contracts as of September 23, an increase of 11,273 contracts week over week. The December 2025 contract is priced 17 cents lower than the March 2026 contract, a spread that widened slightly through the week on higher corn supplies in the September Grain Stocks report. DTN's National Corn Index implies a corn basis of 42 cents under...

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Feeder cattle futures are on fire, increasing each day this week and reaching new contract highs. Feeder cattle have provided the spillover support for live cattle. Hogs have moved in the opposite direction as fundamental weakness prevails.

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