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USDA Sigourney, IA Weighted Average

USDA Sigourney, IA Weighted Average 01/19 17:55 AMS_2152 MARS Keoco Feeder Cattle Auction - Sigourney, IA Sigourney Livestock Auction-Sigourney,IA Livestock Weighted Average Report for 01/19/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1055 1635 1063 Compared to last Monday feeder steers weaker, feeder heifers firm. Trade active with moderate demand for the moderate offerings. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 273-273 273 500-500 500 7 305-340 319 460-485 471.27 4 362-362 362 400-400 400 Unweaned 3 375-375 375 450-450 450 17 420-448 436 402.5-452.5 427.47 24 458-475 463 380-427.5 415.46 24 513-547 527 373-386 382.17 52 551-590 577 367-405.5 381.84 106 601-649 620 366-396 372.49 75 658-694 680 340-366.5 354.77 68 700-735 710 324-353 343.1 21 782-782 782 365-365 365 Replacement 12 809-809 809 340-340 340 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 352-352 352 300-300 300 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 2 325-325 325 570-570 570 2 398-398 398 542.5-542.5 542.5 12 405-437 420 500-530 520.89 3 430-430 430 430-430 430 Unweaned 22 452-478 467 470-501 490.96 4 475-475 475 475-475 475 Unweaned 37 503-546 527 471-505 487.8 22 551-595 576 415-460 442.92 56 602-645 627 393-433 421.68 122 650-682 674 367-400 383.14 119 703-747 720 349.5-385 375.49 20 751-751 751 371.25-371.25 371.25 Fancy 42 760-794 787 341-350.5 349.03 9 800-840 821 300-325 308.22 48 808-842 828 343-353 347.07 Fancy 29 864-885 874 298-333.5 311.34 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 505-535 518 395-440 432.22 4 584-584 584 390-390 390
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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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