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USDA Burwell, NE Feeder Cattle Weighted Average

USDA Burwell, NE Feeder Cattle Weighted Average 01/16 15:50 AMS_1851 MARS Burwell Livestock Market - Burwell, NE Burwell-Burwell,NE Livestock Weighted Average Report for 01/16/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2950 2900 4990 Compared with last week steers traded unevenly steady. No comparable offerings for heifer. Demand was good with several buyers and active internet bidding. Next Auction Date Jan 23rd SPECIAL BRED COW & HEIFER AUCTION --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 60 1010-1010 1010 315-315 315 8 361-361 361 562.5-562.5 562.5 48 493-493 493 492-492 492 7 504-504 504 442.5-442.5 442.5 Unweaned 47 500-532 514 440-450 442.77 96 551-571 564 453-462 456.11 132 600-648 631 408-410 409.64 105 662-696 681 367-401 381.58 45 712-712 712 397-397 397 Replacement 106 709-722 716 343-383 362.78 28 765-765 765 365-365 365 66 916-916 916 308-308 308 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 471-471 471 455-455 455 15 533-533 533 427.5-427.5 427.5 27 587-594 592 402.5-414 410.2 42 600-636 624 385-395 391.33 36 693-693 693 358-358 358 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 410-443 428 492.5-542.5 517.6 18 461-480 473 490-515 505.52 66 500-507 502 480-552 532.58 9 522-522 522 490-490 490 Unweaned 149 550-597 587 472.5-482.5 478.25 121 615-643 631 440-457.5 450.01 360 650-699 683 410-440 425.42 450 711-745 727 375-405 396.76 164 761-763 762 397-404.75 400.5 Fancy 52 765-765 765 384-384 384 154 803-845 824 355-385.75 370.43 115 857-899 866 344-353.5 349.99 106 961-985 975 323-328 326.71 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 20 576-588 579 437.5-440 439 11 600-610 605 412.5-427.5 419.38 7 695-695 695 399-399 399 11 755-755 755 372-372 372
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for March corn is sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 51,704 contracts as of Jan. 20 and were net-sellers of 18,281 contracts during the CFTC reporting period following a bearish surprise in the Crop Production and WASDE reports released by USDA on Jan. 12.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 68,044 contracts as of Jan. 20 and were net-buyers of 19,121 contracts through the CFTC reporting period. The March 2026 contract is priced 7 3/4 cents lower than the May 2026 contract, mostly steady through the week. National average corn basis firmed a penny through the week to 35 cents under the March board.

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Cattle futures are finding sufficient support to push higher on the anticipation of higher cash trade. Feeder cattle led the charge, pushing through resistance. Hogs ran out of steam, correcting for the overbought status.

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