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USDA Ogallala, NE Feeder Cattle Weighted Average

USDA Ogallala, NE Feeder Cattle Weighted Average 01/22 19:00 AMS_1850 MARS Ogallala Livestock Auction - Ogallala, NE Ogallala-Ogallala,NE Livestock Weighted Average Report for 01/22/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 6974 7753 6290 Compared to last week, steers 500 -650 were steady - 22.00 higher, and 650 - 900 was 4.00 - 20.00 lower. Heifers were 3.00 - 20.00 lower. Demand was moderate to good. Nice selection was offered today. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 330-330 330 640-640 640 71 363-376 371 555-557.5 557.22 89 424-424 424 568-568 568 Thin Fleshed 46 446-446 446 525-525 525 32 477-477 477 510-510 510 Thin Fleshed 112 466-496 478 477.5-497.5 485.88 81 479-479 479 519-519 519 Fancy 107 512-539 527 456-472.5 462.67 17 560-560 560 453-453 453 Fancy 183 564-595 586 425-440 433.56 40 605-605 605 437-437 437 Replacement 266 601-639 615 400-417 414.61 50 668-668 668 402.5-402.5 402.5 Fancy 328 656-695 679 368-390 378.4 137 707-720 713 365-382 370.29 72 754-793 773 337-349 341.21 75 775-775 775 412-412 412 Replacement 64 819-840 827 332-337 333.9 30 948-948 948 297-297 297 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 25 493-499 497 472.5-477 475.21 17 525-544 536 442.5-450 445.52 62 571-594 590 408-412 408.62 55 604-635 620 382.5-383 382.76 54 698-699 699 363-365.5 364.16 86 725-747 730 351-356 355.36 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 61 1013-1013 1013 316-316 316 43 352-375 363 611-620 617.4 28 414-414 414 605-605 605 Fancy 28 448-449 449 567.5-580 575.99 182 461-482 480 567.5-588 585.21 96 513-517 515 555-558 556.22 Fancy 272 507-548 534 530-550 539.42 144 550-550 550 542-542 542 Fancy 180 550-569 563 501-527.5 521.42 79 570-573 571 492-496 492.81 Fleshy 173 611-626 619 482-498 489.76 Fancy 128 617-632 627 465-470 468.5 Thin Fleshed 353 610-644 633 435-457 446.83 236 653-694 688 398-411 406.88 22 711-711 711 410-410 410 Fancy 417 702-749 729 375-394 385 320 750-796 777 364-381 372.74 230 811-848 828 348.5-368 361.53 156 850-897 881 340-358 351.43 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 17 460-490 478 550-555 553.02 237 525-535 535 510-512 511.92 26 583-583 583 470-470 470 187 610-643 628 430-431 430.34 19 759-759 759 356-356 356
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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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