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USDA Sheldon, IA Weighted Average

USDA Sheldon, IA Weighted Average 07/02 12:00 AMS_2154 MARS Sheldon Livestock Slaughter Cattle - Sheldon, IA Sheldon Livestock Auction-Sheldon,IA Livestock Weighted Average Report for 07/02/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 86 220 0 No trend, as the auction was not reported last week. Light sale today, due to Independence Day coming up. Mostly smaller strings in the offering. Good demand. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1620-1620 1620 225-225 225 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 52 1228-1361 1275 253-258.25 255.75 Average HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1100-1100 1100 251-251 251 Average Return to Feed STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1540-1540 1540 257-257 257 Average 7 1639-1639 1639 257.25-257.25 257.25 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1293-1293 1293 263-263 263 Average Return to Feed STEERS - Select and Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1610-1610 1610 248-248 248 Average Heavy Weight
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CORN Strategies Snapshot

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

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 131,463 contracts as of July 14, and were net-buyers of 30,483 contracts during the CFTC reporting period as traders returned to buying with conditions across the U.S. Corn Belt turning hot and dry through mid-July.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 94,976 contracts as of July 14, and were net-sellers of 27,322 contracts through the CFTC reporting period. The September 2026 contract is priced 22 1/2 cents lower than the December 2026 contract, falling through the week to the highest degree of carry between the two contracts through...

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