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USDA Russell, IA Weighted Average

USDA Russell, IA Weighted Average 06/09 16:30 AMS_2159 MARS Russell Livestock Feeder Cattle - Russell, IA Russell Livestock Auction - Iowa-Russell,IA Livestock Weighted Average Report for 06/09/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2830 5003 0 Compared to the sale two weeks ago, steers sold 4.00 to 27.00 higher. Heifers under 650 lbs. sold 2.00 to 22.00 higher, while heifers over 650 lbs. mostly sold 4.00 to 8.00 lower. Demand was very good today. Supply was heavy and included a few load lots. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 313-313 313 510-510 510 9 522-522 522 442.5-442.5 442.5 41 552-582 560 312.5-379 362.31 4 687-687 687 316-316 316 22 702-702 702 321-321 321 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 333-346 340 470-500 485.29 54 360-384 369 460-500 487.35 19 400-417 414 435-450 447.71 111 450-490 468 380-409 397.28 58 504-543 514 360-390.5 379.01 84 520-549 533 395-410 403.17 Fancy 175 551-596 577 350-387 367.05 67 605-642 617 329-360 350.2 31 613-642 619 371-384 381.39 Fancy 141 656-696 670 320-350 330.01 90 714-741 720 282-314 305 12 751-785 774 288-292 289.29 8 836-836 836 277-277 277 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 348-348 348 450-450 450 20 425-441 431 380-401 387.75 18 473-493 478 350-379 368.63 53 500-543 529 330-358 348.4 107 568-589 579 317.5-348 339.04 10 610-610 610 326-326 326 10 655-695 671 307.5-317.5 313.36 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 55 1084-1084 1084 275.85-275.85 275.85 37 355-394 379 495-515 510.06 6 406-406 406 506-506 506 Fancy 43 404-444 430 452.5-487.5 462.2 67 458-491 477 437.5-455 450.67 114 503-549 519 407.5-444 433.65 131 554-579 563 379-419 402.71 231 605-642 624 367.5-390 383.08 205 650-694 667 355-385.5 373.32 95 703-731 705 336-368.25 364.68 53 756-791 766 325-339 333.62 173 811-842 837 301-332.35 328.31 4 878-878 878 300-300 300 70 959-969 968 289-290 289.86 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 385-385 385 445-445 445 8 408-427 418 425-435 429.89 27 481-492 486 409-422 416.92 23 500-537 511 357.5-400 391.14 18 590-594 593 337.5-356 346.65 17 613-638 630 337-358 343.99 12 655-697 681 339-347.5 341.39 6 716-716 716 319-319 319
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CORN Strategies Snapshot

TREND: The trend for July corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 95,494 contracts as of June 10, an increase of 14,435 contracts as solid crop conditions and friendly weather kept sellers active during the CFTC reporting period.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 114,551 contracts as of June 10, an increase of 9,826 contracts, week-over-week. The July 2025 contract is priced 16 cents higher than the September 2025 contract, a spread that strengthened significantly over the past week. DTN's National Cash Index indicated that corn basis firmed over the most recent week to 22 cents under the July board, an improvement of 1 cent on the...

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Commentary

DTN Ag Host Midday Livestock

DTN Ag Host Midday Livestock

Traders' concerns about the livestock complex being overbought and over-extended have resurfaced today as all three of the livestock markets are trading lower into Tuesday's noon hour. Southern asking prices are noted at $238 plus, but no trade has developed yet.

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