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USDA Dunlap, IA Weighted Average

USDA Dunlap, IA Weighted Average 03/20 14:30 AMS_2155 MARS Dunlap Livestock Feeder Cattle - Dunlap, IA Dunlap Livestock Auction-Dunlap,IA Livestock Weighted Average Report for 03/20/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1122 546 1256 Western Iowa Precondition Sale. No comparison, as the previous auction was not Precondition. CME feeder cattle futures up 3.00 today, after declining yesterday. The sale consisted of several half loads and smaller strings of mostly light cattle. Good demand. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 226-226 226 1625-1625 1625 10 321-321 321 1880-1880 1880 20 356-382 376 517-549 537.05 39 415-448 431 501-531 515.87 25 466-492 486 456-494 463.86 81 510-542 527 426-456 446.23 28 560-599 579 420-441 427.41 63 622-639 630 397-419.5 405.75 21 655-655 655 396-396 396 Replacement 31 652-688 668 371.5-390 376.07 80 701-739 717 350-368 360.61 10 740-740 740 380-380 380 Replacement 86 753-778 762 343.5-352.25 348.93 8 856-856 856 334.5-334.5 334.5 3 940-940 940 308-308 308 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 540-540 540 380-380 380 6 692-692 692 350-350 350 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 271-271 271 695-695 695 11 323-342 337 632.5-675 643.62 4 395-395 395 580-580 580 43 414-442 431 576-609 587.22 8 463-481 470 484-502.5 495.4 86 508-539 520 479-521 498.18 30 576-579 578 461-474 467.05 43 602-620 614 420-436 430.23 60 655-681 665 395-434 420.96 77 711-743 731 377.5-414 390.07 54 759-799 785 371-399 380.31 30 801-842 809 347-374 369.12 28 853-872 870 354-361 360.26 12 931-931 931 326-326 326 7 950-950 950 321-326 323.86 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 466-466 466 461-461 461 18 513-548 534 451-471 462.26 3 850-850 850 321-321 321
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for May corn is revised to higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 375,360 contracts as of March 24, and were net-buyers of 63,018 contracts during the CFTC reporting period as prices rallied on bullish influence from energy markets due to the ongoing war in the Middle East.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 314,222 contracts as of March 24, and were net-sellers of 58,599 contracts through the CFTC reporting period. The May 2026 contract is priced 11 3/4 cents lower than the July 2026 contract, widening (more carry) through the week, and still among the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Livestock futures started the Thursday session with very limited interest, allowing prices to hold limited gains in cattle futures through early hours of trade, but softness developed in feeder cattle and lean hog trade during late morning trade.

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