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USDA Valentine, NE Wtd Avg

USDA Valentine, NE Wtd Avg 01/23 07:10 AMS_1856 MARS Valentine Livestock Auction - Valentine, NE Valentine-Valentine,NE Livestock Weighted Average Report for 01/22/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ REPLACEMENT CATTLE 1580 0 1185 Special Bred Female and Regular sale started the day with 850 weigh-ups, then onto 49 head of Angus bulls averaging $8700. The Complete Dispersion offerings started the show with a very good demand from several bidders at the barn and internet. The majority of today's consignment were black and black white face offerings in good condition ready to calve March and April. Next Auction Date Jan 29th Special Feeder Sale --------------------------------------------------------------- REPLACEMENT CATTLE --------------------------------------------------------------- BRED COWS - Medium and Large 1 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 1296-1296 1296 2775-2775 2775 Broken Mouth 15 1335-1335 1335 3100-3100 3100 30 1228-1473 1381 3400-4800 4384.93 BRED COWS - Medium and Large 1 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 82 1122-1488 1385 4350-5600 5247.36 101 1205-1615 1402 2600-3600 3133.6 Broken Mouth 41 1297-1680 1421 3050-3950 3725.54 159 1287-1716 1442 3700-5700 4463.65 BRED COWS - Medium and Large 1-2 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 1232-1232 1232 3175-3175 3175 BRED HEIFERS - Medium and Large 1 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 1197-1197 1197 3700-4000 3850 BRED HEIFERS - Medium and Large 1 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 396 1000-1287 1131 3650-5550 4658.19 135 898-994 961 3600-4025 3926.92
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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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