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

USDA WY,W.NE,SW SD&W.ND Fdr Cattle 11/21 11:00 AMS_3237 MARS Wyoming-Nebraska Direct Cattle Report Direct Livestock - Cattle-N/A,OK Livestock Weighted Average Report for 11/17/2025 - Final This Week Last Reported -------------------------------------------------------------------------------- Total Receipts: -------------------------------------------------------------------------------- FEEDER CATTLE(Delivered): 124 120 N/A(): -------------------------------------------------------------------------------- No comparable sales for a market comparison. Demand was moderate to good. Not many country cattle sitting around the two reporting areas as the cattle on the report are being shipped in from the SE part of the USA. Most feedlots continue to run well below normal operating capacity for their feedlots. Cattle on Feed being released on Friday. It will be interesting to see what the tally will be on the total "on feed" numbers. It should be substantial lower but at 2:00 CST the feeding sector will know. This report will be released next Friday 11/28/25. Supply included: 100% Feeder Cattle (100% Steers). 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 12 cent slide > 600 lbs. -------------------------------------------------------------------------------- FEEDER CATTLE -------------------------------------------------------------------------------- STEERS - Medium and Large 1-2 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Current 124 820 820 314.00 314.00
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for December corn is sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 92,353 contracts as of Oct. 7, an increase of 11,046 contracts during the CFTC reporting period as traders had sold ahead of the peak of U.S. corn harvest.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 117,716 contracts as of Oct. 7, the most recent CFTC data. The December 2025 contract is priced 12 cents lower than the March 2026 contract, a spread that narrowed over the week, tying the firmest close since April. DTN's National Corn Index implies a corn basis of 36 cents under the December board, about a penny firmer week over week and the firmest for the...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex was granted some additional support ahead of the Thanksgiving holiday, as most of the contracts closed higher. Some light cash cattle trade developed, but prices held mostly steady with Tuesday's business.

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