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USDA Dunlap, IA Weighted Average

USDA Dunlap, IA Weighted Average 11/06 14:50 AMS_2155 MARS Dunlap Livestock Feeder Cattle - Dunlap, IA Dunlap Livestock Auction-Dunlap,IA Livestock Weighted Average Report for 11/06/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 581 746 1121 Special Calf & Yearling Sale. No trend applicable, as the previous sale was Western Iowa Precondition. Many unweaned calves in the sale. CME feeder cattle futures declining this week, resulting in lower undertones today. One full load of yearling steers, three half loads, along with smaller packages in the offering. Demand mostly moderate. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 518-518 518 356-356 356 5 720-720 720 277-277 277 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 1001-1001 1001 251-251 251 3 1083-1083 1083 236.5-236.5 236.5 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 451-486 468 376-401 388.68 24 534-540 538 347-371 352.96 27 574-574 574 338-338 338 3 578-578 578 302-302 302 Unweaned 14 609-621 617 291-303 298.77 7 682-682 682 303-303 303 13 757-757 757 317-317 317 3 865-865 865 288-288 288 48 953-993 959 264-270 269.09 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 543-543 543 316-316 316 7 771-771 771 266-266 266 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 329-329 329 1750-1750 1750 3 393-393 393 1300-1300 1300 4 525-525 525 1550-1550 1550 27 513-548 539 385-409 390.86 18 594-594 594 355-355 355 Unweaned 27 616-640 620 332-365 348.51 32 655-667 662 313-345 335.87 91 710-747 718 323-341 335.69 69 863-875 864 301-319 318.21 36 965-994 992 267-282.5 281.24 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 18 616-616 616 319-319 319
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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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