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USDA Lamoni, IA Weighted Average

USDA Lamoni, IA Weighted Average 07/24 13:15 AMS_2158 MARS Lamoni Livestock Feeder Cattle - Lamoni, IA Lamoni Livestock Auction-Lamoni,IA Livestock Weighted Average Report for 07/24/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 757 1179 0 No recent auction sale for comparison. Mostly groups of eight-weight steers and heifers coming off the grass were available today in addition to several smaller packages. Demand was moderate to good and included active internet bidding. Supply was moderate of which one consignor brought nearly 260 head of eight-weight steers and heifers. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 647-647 647 333-333 333 3 735-735 735 272-272 272 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 1118-1118 1118 229-229 229 15 457-484 468 380.5-388 384.9 3 577-577 577 351-351 351 6 633-633 633 355-355 355 5 658-658 658 330-330 330 23 718-724 723 322.5-326.5 324.15 55 761-788 779 314.5-323 317.22 4 804-804 804 311-311 311 124 862-874 865 285-317.6 315.48 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 548-548 548 329-329 329 6 819-819 819 296-296 296 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 468-468 468 435-435 435 12 570-570 570 390-390 390 9 609-620 615 392.5-399 396.14 3 655-655 655 364-364 364 4 735-735 735 364-364 364 280 866-895 878 321-323 322.19 50 996-996 996 311.75-311.75 311.75 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 667-667 667 231-231 231
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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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