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USDA Bassett, NE Weighted Average

USDA Bassett, NE Weighted Average 07/23 15:20 AMS_1852 MARS Bassett Livestock Auction - Bassett, NE Bassett-Bassett,NE Livestock Weighted Average Report for 07/23/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2035 9630 3150 A limited number of comparable offerings from two weeks ago, with 1000 - 1050 lbs steers trading $13 to $23 higher. Demand was very good with several buyers and active internet bidding. Several rain showers in the area for the past couple of weeks. Sandhills pasture grasses are recovering, putting baling hay meadows on hold. Next Auction Date Aug 6th Special Feeder Cattle Auction, Weigh Ups at 9:00am --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 24 506-509 507 427.5-430 429.48 9 558-558 558 425-425 425 57 600-611 606 376-385 377.56 64 659-693 680 347-351 348.72 31 708-710 709 339-341 340.29 55 750-794 767 324.5-329.5 327.5 69 840-840 840 326.75-326.75 326.75 Spayed 51 858-888 878 306.5-311.75 310.19 260 906-910 908 324-334 329.01 Spayed 63 925-925 925 310-310 310 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 492-492 492 395-395 395 9 789-789 789 306.5-306.5 306.5 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 327 1018-1038 1033 316-318.25 317.77 300 1074-1074 1074 315.75-315.75 315.75 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 511-511 511 452.5-452.5 452.5 38 560-593 577 442.5-459 450.12 22 666-666 666 407-407 407 69 704-734 722 362.5-386 379.31 64 758-798 769 340-350 347.13 24 830-830 830 334-334 334 62 908-908 908 327.5-327.5 327.5 180 936-936 936 336.75-336.75 336.75 Fancy STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 582-582 582 402.5-402.5 402.5 30 689-689 689 379-379 379
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for September corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 107,968 contracts as of Aug. 5, a decrease of 25,499 contracts as speculators took profits on short positions built up through the summer thus far.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 147,872 contracts as of Aug. 5, a decrease of 16,025 contracts, week-over-week. The September 2025 contract is priced 22 3/4 cents lower than the December 2025 contract, a spread that widened again through the most recent week, indicating a comfortable level of old-crop supplies. DTN's National Cash Index indicated that corn basis faded 2 cents over the most recent week to 17...

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Cattle futures spent about as much time in the negative as they did in the positive Wednesday, closing mixed. That hesitancy may continue Thursday until cash is confirmed. Hogs were under pressure from the sharp losses in cutouts on Tuesday and packers showed less interest Wednesday.

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