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USDA Denison, IA Weighted Average

USDA Denison, IA Weighted Average 01/22 17:55 AMS_2150 MARS Denison Livestock Feeder Cattle - Denison, IA Denison Livestock Auction-Denison,IA Livestock Weighted Average Report for 01/22/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2103 2010 2133 Western Iowa Preconditioned Sale. Compared to the auction last Thursday; Steers 650-850 lbs were unevenly steady, with light steers mostly 11.00-12.00 lower and yearling steers 10.00 higher. Heifers had light numbers today, showing a lower trend. Flesh condition of the cattle varied, affecting prices in both steers and heifers. The auction consisted of 7 loads, 3 half loads and many smaller strings. With buyers uncertain of the rollercoaster of the CME feeder cattle futures, demand slightly down. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 360-360 360 500-500 500 11 356-396 371 1450-1800 1672.1 25 450-493 484 428-435 430 43 510-546 534 420-442.5 424.12 104 560-597 589 373-399 389.19 56 602-628 617 360-381 378.54 96 650-698 678 341-365 348.69 119 717-743 726 336-354 344.51 38 770-787 779 311-339 327.82 47 807-837 818 325-335 331.3 12 856-856 856 320-320 320 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 398-398 398 435-435 435 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 358-358 358 2000-2000 2000 3 398-398 398 525-525 525 28 516-521 517 475-488 484.73 23 566-581 570 465-499 485.38 61 607-638 629 413-430 419.2 105 666-699 683 383-409.5 397.13 138 706-746 718 360-394 383.35 145 765-798 787 368.5-381 374.56 438 807-844 817 348-384.5 378.14 144 850-881 866 343.5-370.5 363.02 91 922-949 935 306-337 328.34 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 449-449 449 475-475 475 3 492-492 492 450-450 450 12 550-596 562 425-445 439.7 6 617-617 617 400-400 400 30 817-827 822 340-340 340
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Market Strategies

CORN Strategies Snapshot

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

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 51,704 contracts as of Jan. 20 and were net-sellers of 18,281 contracts during the CFTC reporting period following a bearish surprise in the Crop Production and WASDE reports released by USDA on Jan. 12.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 68,044 contracts as of Jan. 20 and were net-buyers of 19,121 contracts through the CFTC reporting period. The March 2026 contract is priced 7 3/4 cents lower than the May 2026 contract, mostly steady through the week. National average corn basis firmed a penny through the week to 35 cents under the March board.

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Cattle futures are finding sufficient support to push higher on the anticipation of higher cash trade. Feeder cattle led the charge, pushing through resistance. Hogs ran out of steam, correcting for the overbought status.

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