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USDA Russell, IA Weighted Average

USDA Russell, IA Weighted Average 04/21 15:35 AMS_2159 MARS Russell Livestock Feeder Cattle - Russell, IA Russell Livestock Auction - Iowa-Russell,IA Livestock Weighted Average Report for 04/21/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2353 3940 0 Compared to the sale two weeks ago, steers and heifers both were higher on quality cattle. Steers sold 6.00 to 33.00 higher, while heifers sold 12.00 to sharply higher. Demand was good today. Supply was moderate to heavy and included a a few load lots. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 636-636 636 317.5-317.5 317.5 4 821-821 821 263-263 263 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 33 340-340 340 460-460 460 16 376-398 385 390-420 410.11 11 390-398 396 399-405 400.61 Unweaned 41 411-445 425 384-402 394.92 26 415-443 438 390-399 394.44 Unweaned 102 454-499 478 377-407 392.47 13 483-495 488 332.5-352.5 340.31 Unweaned 55 500-531 514 381-394 387.01 50 508-523 520 369-385 376.33 Unweaned 88 557-587 566 334-366 345.76 13 595-595 595 317-317 317 Unweaned 96 602-637 622 318-336 325.97 8 640-640 640 301-301 301 Unweaned 29 661-695 675 291-306 297.68 97 718-749 722 295-305 303.05 12 764-784 772 270-300 287.31 100 811-825 820 272-277.25 276.43 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 23 454-482 474 340-368 349.78 4 511-511 511 336-336 336 Unweaned 10 515-533 522 340-354 344.68 40 552-587 570 319-325 320.35 13 615-646 639 272.5-300 293.89 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 320-320 320 552.5-552.5 552.5 Fancy 9 320-339 333 492.5-514 499.39 22 355-382 377 471-496 475.28 32 422-446 436 438-468 449.54 53 465-483 473 421-444 434.19 45 470-489 479 402.5-415 410.16 Unweaned 100 500-541 529 370-413 388.82 22 512-543 534 335-366 353.45 Unweaned 129 555-599 573 363-398 376.3 44 564-598 577 335-356 343.11 Unweaned 40 603-648 626 338-362 345.83 11 634-634 634 331-331 331 Unweaned 13 662-678 671 328-336 331.64 Unweaned 148 656-694 672 324-355 341.49 17 702-711 706 290-291 290.47 Unweaned 5 729-729 729 305-305 305 87 760-760 760 304.5-304.5 304.5 137 808-828 818 290-302.85 300.34 120 881-884 883 288.5-289.25 288.87 116 916-943 929 276-282.75 279.44 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 390-390 390 437.5-437.5 437.5 6 418-418 418 420-420 420 18 477-495 490 372.5-383 380.16 11 536-548 545 350-360 352.68 22 628-628 628 313-313 313 10 656-660 658 316-318 317.2 8 805-805 805 261-261 261
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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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