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USDA Lexington, NE Weighted Average

USDA Lexington, NE Weighted Average 11/06 15:55 AMS_1849 MARS Lexington Livestock Market - Lexington, NE Lexington-Lexington,NE Livestock Weighted Average Report for 11/06/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1835 1935 3752 Compared to last week steer calves 450-650 lbs sold steady to 15.00 higher and heifer calves 400-650 lbs sold 10.00-20.00 lower except flat 500 lbs heifers selling steady to 10.00 higher. Demand was moderate to good from the crowd of buyers in the seats with internet activity noticed. Nice offering of bawling spring calves on offer most of which had received fall vaccinations selling in packages and a few load lots. Along with packages that received only spring vaccinations and some with no vaccinations at all selling at a discount with light buyer participation. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 336-336 336 513-513 513 5 357-357 357 490-490 490 13 409-409 409 469-469 469 BULLS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 404-404 404 425-425 425 22 475-475 475 419-419 419 7 524-524 524 374-374 374 5 558-558 558 350-350 350 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 42 1032-1032 1032 290.5-290.5 290.5 20 1076-1076 1076 274-274 274 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 300-316 307 448-465 457.95 54 351-396 368 442-461 453.85 75 400-423 416 424-435 426.28 70 469-493 490 394-419.5 416.01 82 513-514 514 404-411 409.72 115 552-597 582 356.5-383 370.15 60 606-623 614 318-336 332.5 Unweaned 24 681-681 681 322-322 322 Unweaned 10 872-872 872 296-296 296 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 13 431-440 434 403-406 404.17 20 483-491 489 362-367 363.23 11 530-530 530 333-333 333 51 550-588 570 340-341 340.45 5 989-989 989 245-245 245 Fleshy STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 50 385-391 386 535-567 559.87 21 417-417 417 511-511 511 62 477-481 480 481-508 501.94 142 510-549 531 450-495 470.86 142 552-561 557 437-459 448.15 13 565-568 567 414-415 414.62 Fleshy 402 612-649 631 400-421 404.64 Unweaned 33 683-683 683 370.5-370.5 370.5 Unweaned STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 411-411 411 440-440 440 26 499-499 499 443-443 443 56 561-599 582 379-391 385.84 11 626-626 626 350-350 350
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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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