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USDA Sheldon, IA Weighted Average

USDA Sheldon, IA Weighted Average 11/05 14:15 AMS_2154 MARS Sheldon Livestock Slaughter Cattle - Sheldon, IA Sheldon Livestock Auction-Sheldon,IA Livestock Weighted Average Report for 11/05/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 511 277 459 The last reported sale was two weeks ago. Comparison is not applicable. Lower trend noted, following the 3.50 decline with CME live cattle futures today. Larger sale, including two full loads, one half load and many smaller strings. Nice selection of dairy and dairy cross cattle. Good demand. . --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1755-1755 1755 204-204 204 Average BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 31 1433-1875 1666 204-209.5 207.66 Average BEEF/DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 1580-1875 1741 200-201 200.35 Average DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 34 1520-1885 1651 189-194.5 192.53 Average DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1270-1308 1289 190-196 193.04 Average Return to Feed 3 1415-1528 1490 183-185 184.37 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 72 1248-1431 1323 211-215.25 214.12 Average Certified Prgms 68 1294-1571 1478 210.25-214.5 211.95 Average 8 1582-1582 1582 209-209 209 Average Heavy Weight HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1178-1180 1179 201-207 202.5 Average Return to Feed 25 1234-1528 1349 202-208 206 Average 2 1550-1550 1550 205-205 205 Average Heavy Weight STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 21 1268-1464 1359 212-213.5 212.95 Average Certified Prgms 29 1340-1498 1472 210.5-213.25 212.32 Average STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 73 1503-1573 1549 208.5-213 211.86 Average 15 1621-1657 1635 210-215.5 214.17 Average Certified Prgms 34 1606-1880 1711 208-212.5 209.78 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 1040-1304 1279 212-219 212.63 Average Return to Feed 6 1335-1396 1386 207-207 207 Average STEERS - Select and Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1771-1771 1771 206-206 206 Average Heavy Weight
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Market Strategies

CORN Strategies Snapshot

TREND: The trend in most active corn futures is considered sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 137,595 contracts as of Nov. 3, net-sellers of 63,677 contracts as traders reduced their net-length from early September by 75% as of the most recent CFTC report.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 137,516 contracts as of Nov. 3, and were net-buyers of 52,161 contracts through the CFTC reporting period. The December 2026 contract is priced 13 1/2 cents lower than the March 2027 contract, weakening (more carry) slightly through the week but in an overall strengthening trend since early August. National average corn basis firmed...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a successful week for the livestock contracts! All three of the livestock markets ended the week Friday afternoon in a better position than what the market opened at on Monday morning -- praise God!

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