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USDA Valentine, NE Wtd Avg

USDA Valentine, NE Wtd Avg 11/05 16:15 AMS_1856 MARS Valentine Livestock Auction - Valentine, NE Valentine-Valentine,NE Livestock Weighted Average Report for 11/05/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1990 4005 2930 Compared with last week 500 to 650 lbs steers traded sharply lower with no comparable offerings for heifers. Demand was moderate to good, with light internet bidding throughout the day. The weather has cleared, with a sunny Fall day after several cold rainy days. Next Auction Dates Monday, Nov 9th Weigh-ups and Bred Cows, Nov 12th Special Spring Calf Sale featuring weaned & non-weaned, Nov 16th Special Bred Female & Regular Sale --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 1065-1065 1065 257.5-257.5 257.5 7 1115-1115 1115 252.5-252.5 252.5 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 17 331-331 331 490-490 490 24 371-385 382 355-457.5 436.77 114 404-441 430 425-447.5 431.32 61 458-481 467 395-412.5 409.21 86 527-545 531 377.5-392.5 389.89 41 564-586 570 376-383 379.46 26 617-617 617 355-355 355 15 915-915 915 309.5-309.5 309.5 34 950-984 963 287-303 295.68 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 526-526 526 362.5-362.5 362.5 6 590-590 590 352.5-352.5 352.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 42 381-395 386 530-595 567.18 88 408-449 430 484-537 513.68 87 455-481 464 491-526 510.27 355 504-542 529 426-454 445.39 316 555-598 583 410-438 420.11 98 603-603 603 425-425 425 129 668-677 671 385-401.5 395.57 14 700-701 701 351-361 356 12 780-780 780 332-332 332 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 35 475-489 482 460-495 479.93 52 557-595 584 355-404 390.88 45 609-642 628 389-395 391.06 97 670-695 675 365-380 369.92
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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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