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USDA WY,W.NE,SW SD&W.ND Fdr Cattle

USDA WY,W.NE,SW SD&W.ND Fdr Cattle 10/03 11:10 AMS_3237 MARS Wyoming-Nebraska Direct Cattle Report Direct Livestock - Cattle-N/A,OK Livestock Weighted Average Report for 09/29/2025 - Final This Week Last Reported -------------------------------------------------------------------------------- Total Receipts: -------------------------------------------------------------------------------- FEEDER CATTLE(F.O.B.): 235 FEEDER CATTLE(Delivered): 240 120 -------------------------------------------------------------------------------- No recent comparable offerings for a market comparison. However, a higher undertone was noted. Nice string of yearlings coming off native pasture on the report this week. Demand was good. Nebraska feedlots lost a little bit of leverage this week as packers have cut hours at slaughterhouses and do not need as many cattle for a week's kill. Lives sales sold 2.00 to 5.00 lower at 230.00 and dressed sales sold 5.00 lower at 360.00. Fall harvests pretty much in full swing across the state. Feedlots continue to pack in silage and high moisture corn for the next years use. Looks like the farmer/feeders will continue to be active in the cattle market as the only way to market high moisture corn once it hits the pit is through cattle. Supply included: 100% Feeder Cattle (70.5% Steers, 29.5% Heifers). Feeder cattle supply over 600 lbs was 100%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 3% shrink or equivalent, with a 10-20 cent slide > 600 lbs. -------------------------------------------------------------------------------- FEEDER CATTLE -------------------------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Current 140 925 925 320.00 320.00 STEERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Current 235 875 875 369.75 369.75 Dec 100 650 650 406.00 406.00
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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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