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USDA Dunlap, IA Weighted Average

USDA Dunlap, IA Weighted Average 01/16 16:05 AMS_2155 MARS Dunlap Livestock Feeder Cattle - Dunlap, IA Dunlap Livestock Auction-Dunlap,IA Livestock Weighted Average Report for 01/16/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2004 2707 2317 Western Iowa Precondition Sale. Compared to the auction last Friday; Steers 600-650 lbs 1.00-4.00 higher, 700-750 lbs mixed, 800 lbs 2.00 lower. Heifers 550 lbs 2.00 higher, 600-650 lbs mixed, 700 lbs 21.00 lower, with less numbers this week. CME feeder cattle futures down 8.00 today. Mostly half loads and smaller strings in the offering. Good demand, both in the arena and online. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 347-347 347 520-520 520 26 426-437 432 462.5-485 470.8 30 462-496 481 435-460 445.91 49 503-530 516 425.5-442 439.17 16 565-565 565 430.5-430.5 430.5 Replacement 112 550-595 583 400-425.5 409.74 123 601-648 630 365-399 380.02 42 647-647 647 434-434 434 Replacement 69 652-692 665 360-391 373.81 104 703-736 729 341-356 348.48 76 750-787 771 320-345 337.22 4 836-836 836 312-312 312 10 860-860 860 313-313 313 11 959-959 959 297.5-297.5 297.5 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 541-541 541 385-385 385 25 550-597 575 351-382 365.57 3 638-638 638 360.5-360.5 360.5 39 680-692 688 350-353 352.24 8 932-932 932 288-288 288 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 341-341 341 607.5-607.5 607.5 18 403-436 426 547.5-580 556.61 37 458-485 467 490-535 518.22 5 516-516 516 491-491 491 96 553-590 581 435-477 454.69 187 601-647 625 405-441 421.49 216 651-698 687 393-427 411.7 219 700-742 715 369-403.5 393.92 141 766-798 781 349-374.5 368.47 62 802-819 807 357.5-364.75 362.32 26 867-896 871 313-342 337.41 5 900-900 900 323-323 323 10 968-993 986 301-316 311.58 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 470-483 474 475-485 481.94 51 577-599 590 400-428 412.2 29 652-695 676 365-387 380.09
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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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