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USDA Erickson/Spalding Wtd Avg

USDA Erickson/Spalding Wtd Avg 11/07 16:00 AMS_1853 MARS Ericson Livestock Market - Ericson, NE Ericson-Ericson,NE Livestock Weighted Average Report for 11/07/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2549 1933 4216 Compared to last week steer calves 450-650 lbs sold 5.00 to 10.00 lower and heifer calves 400-600 lbs sold 5.00 to 10.00 lower except 450-500 lbs heifers selling steady to 5.00 higher. Demand was moderate to good from the buyers in the crowd with internet activity noticed. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 323-323 323 1600-1600 1600 8 347-347 347 535-535 535 41 386-390 389 490-500 498.55 183 451-498 473 427-450 441.55 138 500-535 516 392-412.5 402.75 143 559-584 573 377-395 383.99 32 588-588 588 2300-2300 2300 Replacement 26 602-602 602 2550-2550 2550 Replacement 23 603-628 618 364-376 371.42 Unweaned 346 622-632 625 371-375 372.02 Value Added 41 661-680 675 335-346 337.89 Unweaned 13 710-710 710 340-340 340 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 544-544 544 355-355 355 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 322-322 322 560-560 560 39 406-428 411 530-540 537.86 128 459-497 475 475-495 487.3 155 514-536 521 440-460 452.59 177 550-597 577 413-425 421.89 393 600-647 628 387.5-422 403.64 Unweaned 355 643-643 643 410.5-410.5 410.5 Value Added 90 657-657 657 411-411 411 Fancy 15 672-672 672 373-373 373 Unweaned 12 693-693 693 345-345 345 Fleshy 11 725-725 725 346-346 346 Fleshy 35 752-752 752 341-341 341 Fleshy STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 631-631 631 362.5-362.5 362.5 Unweaned
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Market Strategies

CORN Strategies Snapshot

TREND: The trend in most active corn futures is considered sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 137,595 contracts as of Nov. 3, net-sellers of 63,677 contracts as traders reduced their net-length from early September by 75% as of the most recent CFTC report.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 137,516 contracts as of Nov. 3, and were net-buyers of 52,161 contracts through the CFTC reporting period. The December 2026 contract is priced 13 1/2 cents lower than the March 2027 contract, weakening (more carry) slightly through the week but in an overall strengthening trend since early August. National average corn basis firmed...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a successful week for the livestock contracts! All three of the livestock markets ended the week Friday afternoon in a better position than what the market opened at on Monday morning -- praise God!

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