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USDA WY,W.NE,SW SD&W.ND Fdr Cattle

USDA WY,W.NE,SW SD&W.ND Fdr Cattle 04/18 10:35 AMS_3237 MARS Wyoming-Nebraska Direct Cattle Report Direct Livestock - Cattle-N/A,OK Livestock Weighted Average Report for 04/14/2025 - Final This Week Last Reported -------------------------------------------------------------------------------- Total Receipts: -------------------------------------------------------------------------------- FEEDER CATTLE(Delivered): 130 N/A(): N/A(): 70 -------------------------------------------------------------------------------- No FOB cattle for a market comparison Friday. Buyer inquiry is good with several feedlots looking for cattle to procure. Nebraska feedlot live sales sold 4.00 higher at 212.00 instances up to 215.00. Dressed sales sold 5.00 to 7.00 higher from 332.00 to 335.00. Supply included: 100% Feeder Cattle (100% Steers). Feeder cattle supply over 600 lbs was 100%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 3% shrink or equivalent, with a 10 cent slide > 600 lbs. -------------------------------------------------------------------------------- FEEDER CATTLE -------------------------------------------------------------------------------- STEERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Current 130 900 900 278.00 278.00
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is sideways.

NONCOMMERCIAL OUTLOOK: Noncommercial traders held a net-long futures position of 175,429 contracts of corn as of April 29, a decrease of 44,414 contracts week-over-week as traders have returned to liquidating long positions over the past two weeks.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 128,654 contracts as of April 29, a decrease of 32,825 contracts week-over-week. The July 2025 contract is priced 29 1/4 cents higher than the September 2025 contract, a spread that weakened over the past week. DTN's National Corn Basis continued to climb over the past week to 30 cents under the July board, an improvement of 3 cents week-over-week.

...
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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a fruitful day for the livestock complex as all three of the markets ended the day stronger. It was especially a big-hitting week for the cattle complex as traders pushed the contracts higher through Friday's close thanks to the added support of yet-again record-breaking cash cattle prices.

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