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USDA Sheldon, IA Weighted Average

USDA Sheldon, IA Weighted Average 07/24 13:40 AMS_2154 MARS Sheldon Livestock Slaughter Cattle - Sheldon, IA Sheldon Livestock Auction-Sheldon,IA Livestock Weighted Average Report for 07/24/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 288 320 0 Compared to the sale last Thursday, Choice slaughter steers steady to 2.00 lower. Choice slaughter heifers mostly steady. The auction consisted of mainly smaller strings in the offering today. Demand was good throughout the sale. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1255-1423 1339 224-227 225.41 Average BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 1460-1460 1460 240-240 240 Average Certified Prgms 5 1410-1605 1536 232.5-237.25 233.86 Average BEEF/DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 10 1495-1665 1590 226.5-231 228.64 Average DAIRY HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1575-1625 1600 182.5-190 186.31 Average DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 25 1500-1773 1648 207-214 208.95 Average DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 10 1200-1362 1346 205-210 209.55 Average Return to Feed 14 1420-1690 1515 200-206 202.65 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1242-1242 1242 238-238 238 Average Certified Prgms 65 1224-1463 1319 238-244.5 240.82 Average HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 30 1175-1411 1344 231-236 232.66 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 45 1292-1490 1358 236-242.75 238.64 Average 9 1411-1426 1418 238.75-241.5 240.27 Average Certified Prgms STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1558-1558 1558 237.5-237.5 237.5 Average Certified Prgms 7 1562-1562 1562 237-237 237 Average 16 1662-1840 1684 239.5-245 242.89 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1220-1360 1334 229-235.5 230.79 Average STEERS - Select and Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1620-1620 1620 237.5-237.5 237.5 Average Heavy Weight
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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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