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USDA Huss and Lexington Livestock Video Auction

USDA Huss and Lexington Livestock Video Auction 08/04 10:10 AMS_2938 MARS Huss and Lexington Livestock Video/Internet Auction Huss Livestock-Kearney,NE Livestock Weighted Average Report for 07/30/2025 - Final This Week Last Reported -------------------------------------------------------------------------------- Total Receipts: -------------------------------------------------------------------------------- FEEDER CATTLE: -------------------------------------------------------------------------------- Special Notes: Changed Jan delivery from 2025 to correct year of 2026. Nice run of weaned and bawling spring calves on offer for fall and winter delivery. Demand was good from the buyers in the crowd and on the internet. Supply included: 100% Feeder Cattle (73% Steers, 27% Heifers). Feeder cattle over 600 lbs was 66%. Feeder Cattle prices FOB based on net weights after a 1-3% pencil shrink or equivalent, with a 14-18 cent slide > 600 lbs and 18-40 cent slide < 600 lbs. -------------------------------------------------------------------------------- FEEDER CATTLE -------------------------------------------------------------------------------- North Central -------------------------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ----------- --------- Nov 110 420 420 451 451 Jan 155 670-690 681 350-356 352.67 Dec 82 600 600 377 377 Unweaned Oct 90 560 560 387.5 387.5 Unweaned 115 450 450 448 448 Unweaned 175 620 620 370 370 Unweaned Oct-Nov 95 590 590 376 376 Unweaned STEERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ----------- --------- Nov 200 500 500 490 490 Jan 270 710-740 732 366-381 369.77 Dec 90 640 640 391 391 Unweaned 100 740 740 375 375 200 560 560 451 451 285 670-675 671 395-400 398.85 Oct 120 450 450 491 491 Unweaned 175 610-620 615 402-417 409.65 Unweaned 600 650-670 665 380.5-406.5 386.85 Unweaned Oct-Nov 95 625 625 415.75 415.75 Unweaned 115 590 590 430.5 430.5 Unweaned
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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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