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USDA Lexington, NE Weighted Average

USDA Lexington, NE Weighted Average 01/16 20:00 AMS_1849 MARS Lexington Livestock Market - Lexington, NE Lexington-Lexington,NE Livestock Weighted Average Report for 01/16/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 5571 4540 4030 Compared to last week steers under 650 lbs sold steady to 10.00 higher and steers over 650 lbs sold steady to 8.00 lower, heifers 500-800 lbs sold unevenly steady. Demand was moderate to good from the buyers in the crowd. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 412-412 412 545-545 545 Unweaned 10 516-516 516 485-485 485 7 606-606 606 417.5-417.5 417.5 BULLS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 342-342 342 510-510 510 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 389-389 389 530-530 530 Unweaned 46 411-442 435 495-512.5 501.91 22 449-449 449 490-490 490 Unweaned 10 472-472 472 470-470 470 Fleshy 16 504-504 504 445-445 445 Unweaned 67 501-527 521 453-467 462.22 195 562-581 573 401-422 411.38 261 607-641 621 401-408 405.25 74 626-640 636 384-392.5 388.02 Fleshy 208 650-698 666 380-391 386.33 82 680-696 685 367.5-370 369.23 Fleshy 286 700-741 718 360-373 365.91 149 722-737 726 347-351.5 350.1 Fleshy 381 751-794 771 337-348.5 344.97 6 850-850 850 319.5-319.5 319.5 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 415-415 415 480-480 480 25 471-471 471 455-455 455 12 592-592 592 393-393 393 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 422-422 422 530-530 530 Fleshy 5 422-422 422 530-530 530 Fleshy 7 490-490 490 512-512 512 7 507-507 507 512-512 512 11 533-533 533 480-480 480 Fleshy 21 553-553 553 462.5-462.5 462.5 Unweaned 67 553-577 560 476-484 482.3 78 550-593 569 450-465 456.27 Fleshy 213 606-649 627 432-450 441.77 51 600-644 630 413-413 413 Fleshy 400 650-694 681 397-420 407.75 49 705-722 712 375-377 376.21 Fleshy 412 701-748 722 380-396 387.11 659 750-790 771 360-378 369.38 437 811-837 816 359-360.5 359.58 401 800-849 839 346-355 349.65 Fleshy 114 850-855 853 347-353.25 351.23 230 924-930 929 325-335 332.88 Fleshy STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 1034-1034 1034 304-304 304 8 333-333 333 590-590 590 Thin Fleshed 17 395-395 395 535-535 535 5 428-428 428 500-500 500 Unweaned 40 458-491 480 463-470 468.4 35 485-485 485 493-493 493 Unweaned 20 526-529 528 468-475 470.79 11 593-593 593 430-430 430 6 642-642 642 391-391 391 17 715-715 715 370-370 370 32 761-779 769 345-350 347.63 22 782-782 782 335-335 335 Fleshy 72 868-886 873 325-330 328.3
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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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