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USDA Russell, IA Weighted Average

USDA Russell, IA Weighted Average 01/19 19:00 AMS_2159 MARS Russell Livestock Feeder Cattle - Russell, IA Russell Livestock Auction - Iowa-Russell,IA Livestock Weighted Average Report for 01/19/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 4812 5209 3992 Single digit temperatures outside today did not hinder attendance or buyers interest. Compared to the sale a week ago, steers under 650 lbs. sold 3.00 to 10.00 lower and steers heavier than 650 lbs. sold 9.00 to 21.00 lower. Heifers also sold lower. Heifers sold mostly steady to 12.00 lower. Demand was very good today, despite the cold weather. Supply was heavy and included a few load lots. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 694-694 694 325-325 325 Unweaned HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 1038-1038 1038 270-270 270 10 265-265 265 520-520 520 Unweaned 4 306-306 306 535-535 535 5 374-374 374 520-520 520 25 420-436 430 460-470 463.96 19 443-443 443 450-450 450 Unweaned 44 463-492 478 465-480 470.9 84 505-541 525 425-460 438.55 26 561-566 565 365-386 380.38 Unweaned 331 550-597 581 390-430 401.62 17 596-596 596 370-370 370 Fleshy 295 601-648 632 352.5-382 368.31 23 640-640 640 394-394 394 Fancy 168 655-687 665 350-381.25 368.35 4 675-675 675 430-430 430 Fancy 167 700-745 723 324-346 337.8 52 765-775 767 319-327 322.84 65 812-827 817 310-319 315.77 10 887-887 887 300-300 300 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 13 375-392 388 430-450 445.54 15 430-430 430 420-420 420 Unweaned 35 467-495 480 415-440 424.61 39 523-541 533 397.5-420 410.63 23 555-595 575 379-390 384.85 5 640-640 640 327-327 327 93 677-697 689 335-343 339.35 5 774-774 774 320-320 320 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 262-262 262 600-600 600 Unweaned 11 307-340 316 610-640 631.2 14 357-380 372 545-570 553.57 28 401-449 424 533-565 549.7 6 470-470 470 455-455 455 Unweaned 46 456-482 473 470-515 492.9 56 500-542 514 480-514 496.96 10 524-524 524 425-425 425 Unweaned 236 550-597 578 440-480 456.6 40 621-640 632 372-400 382.08 Unweaned 40 621-640 632 372-400 382.08 Unweaned 212 652-698 676 386-417 405.87 14 665-698 691 360-365 361.03 Fleshy 13 702-702 702 417-417 417 Fancy 380 700-747 720 373-405 390.58 579 756-797 775 351.5-387.5 365.88 163 806-847 830 332.5-354 346.22 222 852-890 869 308-335 330.46 72 926-939 936 311.75-322 313.86 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 390-390 390 525-525 525 19 435-447 444 485-497 489.09 9 448-448 448 501-501 501 Unweaned 9 470-485 475 465-512.5 481.17 6 494-494 494 390-390 390 Unweaned 12 526-548 541 437.5-472 460.81 92 557-593 576 425-437.5 432.15 16 611-648 629 382.5-397 389.14 181 656-682 671 360-377.5 365.3 22 727-743 735 341-370 358.2 6 797-797 797 345-345 345 23 843-845 844 314-315 314.3
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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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