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USDA Dunlap, IA Weighted Average

USDA Dunlap, IA Weighted Average 06/10 21:00 AMS_2164 MARS Dunlap Livestock Slaughter Cattle - Dunlap, IA Dunlap Livestock Auction-Dunlap,IA Livestock Weighted Average Report for 06/10/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 312 152 0 No comparison stated today given the low numbers last week. Very strong demand for Choice slaughter steers and heifers today. Several load lots available along with many smaller packages. Trade was active throughout the auction. Supply was moderate. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1342-1342 1342 241-241 241 Average Natural 16 1271-1482 1381 238-245.25 242.98 Average 2 1542-1542 1542 237-237 237 Average Heavy Weight HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 58 936-1073 1007 252-265.5 264.4 Average Return to Feed 8 1135-1405 1286 230-237 232.88 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 8 1479-1479 1479 245.5-245.5 245.5 Average Certified Prgms 44 1410-1577 1508 239.5-245.75 243.98 Average 1 1790-1790 1790 234-234 234 Average Heavy Weight STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1605-1605 1605 245.6-245.6 245.6 Average Natural 16 1605-1783 1697 240-247 242.65 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 73 1073-1108 1085 266-276.5 272.34 Average Return to Feed 2 1200-1200 1200 235-235 235 Average STEERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 16 910-910 910 294-294 294 Average Return to Feed
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Market Strategies

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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