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USDA Valentine, NE Wtd Avg

USDA Valentine, NE Wtd Avg 07/24 14:30 AMS_1856 MARS Valentine Livestock Auction - Valentine, NE Valentine-Valentine,NE Livestock Weighted Average Report for 07/24/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1727 0 0 Compared with two weeks ago, steer offerings 850 to 950 lbs traded 2.00 to 8.00 higher, no comparable offerings for heifers. Cattle conditions were in the buyers favor with hot, humid weather in the Sandhills and scattered rain showers. Demand was very good for all offerings. Next Auction Date July 31st Regular Sale --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 44 555-596 587 387.5-393 388.68 18 638-646 640 364-380 375.52 42 658-692 685 359.5-373 362.28 87 724-735 732 347-349 347.57 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 450-450 450 410-410 410 7 513-513 513 410-410 410 9 665-665 665 340-340 340 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 632-641 637 395-413 403.94 10 710-710 710 377.5-377.5 377.5 120 755-775 758 370-383 380.02 313 844-846 845 350-353.5 351.38 655 868-894 880 336.75-349.5 343.3 156 907-931 911 328-337.5 335.88 115 970-994 982 321.5-322 321.75 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 503-503 503 445-445 445 16 551-595 573 410-420 415.19 13 624-624 624 377.5-377.5 377.5 8 722-722 722 336-336 336
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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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