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USDA Dunlap, IA Weighted Average

USDA Dunlap, IA Weighted Average 01/20 22:00 AMS_2164 MARS Dunlap Livestock Slaughter Cattle - Dunlap, IA Dunlap Livestock Auction-Dunlap,IA Livestock Weighted Average Report for 01/20/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 140 206 0 Compared to last Tuesday, Choice slaughter steers were fully steady to 2.00 higher. Choice slaughter heifers were 2.00 to 4.00 higher. The auction consisted of a load of choice heifers and many smaller quality packages. Demand was good. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 56 1295-1455 1385 221-232.5 229.56 Average HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 33 1065-1246 1145 224-294 253.57 Average Return to Feed 4 1175-1485 1333 215-217 215.95 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 30 1220-1490 1396 223.5-232 228.58 Average 12 1587-1587 1587 231.75-231.75 231.75 Average Certified Prgms 2 1745-1755 1750 220-222 221 Average Heavy Weight STEERS - Prime 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 1620-1620 1620 215-215 215 Average Heavy Weight STEERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 1225-1225 1225 229-229 229 Average Return to Feed
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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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