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USDA Erickson/Spalding Wtd Avg

USDA Erickson/Spalding Wtd Avg 08/02 15:00 AMS_1853 MARS Ericson Livestock Market - Ericson, NE Ericson-Ericson,NE Livestock Weighted Average Report for 08/02/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1971 3515 2789 REPLACEMENT CATTLE 15 0 189 First reported sale in three weeks a trend is not applicable. Demand was good from the buyers in the crowd with internet activity noticed. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 226-226 226 1400-1400 1400 5 366-366 366 470-470 470 7 457-457 457 450-450 450 7 587-587 587 387.5-387.5 387.5 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 215-215 215 1300-1300 1300 9 434-434 434 480-480 480 31 473-473 473 475-475 475 Thin Fleshed 7 488-488 488 430-430 430 17 612-614 613 370-386 379.42 26 651-677 660 355-357.5 355.89 7 700-700 700 338-338 338 60 770-770 770 325-325 325 Replacement 62 843-843 843 306.25-306.25 306.25 119 893-895 894 299.25-299.25 299.25 117 907-911 909 296-305.5 301.59 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 480-480 480 400-400 400 11 505-505 505 405-405 405 12 793-793 793 297-297 297 5 915-915 915 288-288 288 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 519-519 519 440-440 440 8 611-611 611 397.5-397.5 397.5 16 671-671 671 380-380 380 139 702-732 720 352-365 358.69 16 795-795 795 341-341 341 343 819-844 828 334.5-349 342.31 396 860-897 888 324.75-334 328.74 231 925-930 927 323-323 323 163 954-966 957 314-335.5 320.97 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 19 471-471 471 431-431 431 Unweaned 27 485-485 485 452.5-452.5 452.5 21 857-857 857 312-312 312 --------------------------------------------------------------- REPLACEMENT CATTLE --------------------------------------------------------------- BRED COWS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 1425-1425 1425 3125-3125 3125
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for September corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 107,968 contracts as of Aug. 5, a decrease of 25,499 contracts as speculators took profits on short positions built up through the summer thus far.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 147,872 contracts as of Aug. 5, a decrease of 16,025 contracts, week-over-week. The September 2025 contract is priced 22 3/4 cents lower than the December 2025 contract, a spread that widened again through the most recent week, indicating a comfortable level of old-crop supplies. DTN's National Cash Index indicated that corn basis faded 2 cents over the most recent week to 17...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Although the cattle complex wasn't gifted an easy day where the contracts just traded higher from the day's start, the market ended up having a fruitful day as the positive development in the cash cattle market helped entice trader's into supporting the contracts.

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