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USDA IA Fdr Cattle Wkly Wtd Av

USDA IA Fdr Cattle Wkly Wtd Av 05/04 08:45 AMS_2167 MARS Iowa Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 04/27/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 7427 9986 6768 SLAUGHTER CATTLE 1741 874 940 Compared to last week steers less than 700 lbs sold 10.00 to 15.00 higher over 700 lbs sold 5.00 to 10.00 higher. Heifers less than 600 lbs sold 20.00 higher and over 600 lbs sold steady to 10.00 higher. Slaughter steers sold 5.00 higher and heifers sold 11.00 higher. Slaughter cows sold steady to 3.00 higher and bulls sold 5.00 higher. Demand was mostly good throughout the week. With the CME cattle boards trading higher throughout the week and record prices on slaughter steers and heifers brough a lot of willing to buyers to the calf and feeder auctions. Weekly auctions comprised of weaned and bawling fall calves with a few yearlings sprinkled into the mix. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 525-525 525 447.5-447.5 447.5 7 662-662 662 377.5-377.5 377.5 3 783-783 783 342.5-342.5 342.5 HEIFERS - Medium and Large 1 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 277-293 288 610-670 629.26 7 340-340 340 570-570 570 Unweaned 4 347-347 347 600-600 600 42 355-385 378 520-625 579.95 17 378-395 392 535-570 564.04 Unweaned 79 400-446 408 445-587 560.11 292 454-487 472 475-527.5 501.2 12 478-478 478 465-465 465 Unweaned 429 503-544 514 442-481 467.49 5 528-528 528 390-390 390 Unweaned 39 561-581 569 400-427.5 411.89 Unweaned 280 550-598 573 410-450 429.52 29 584-584 584 447-447 447 Fancy 323 600-646 621 372.5-423 397.77 5 636-636 636 357.5-357.5 357.5 Fleshy 6 638-638 638 347.5-347.5 347.5 Unweaned 245 651-695 678 350-396 380.74 3 685-685 685 367.5-367.5 367.5 Unweaned 4 703-703 703 2900-2900 2900 20 704-704 704 368-368 368 Fancy 266 700-749 734 330-396 365.13 73 716-738 737 330-334.75 334.56 Fleshy 46 755-756 756 364-396 380.71 Fancy 116 752-786 759 349-373 357.92 387 811-845 825 332.25-341.75 337.85 20 828-828 828 3150-3150 3150 Replacement 89 833-833 833 352.5-356.5 354.66 Replacement 49 893-895 895 320-355.5 348.99 30 921-921 921 306-306 306 HEIFERS - Medium and Large 1-2 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 292-299 296 550-570 560.12 11 332-332 332 500-500 500 Unweaned 23 363-392 385 495-575 561.6 35 401-448 424 482.5-545 499.51 51 471-499 489 457.5-495 469.99 30 530-544 542 427.5-440 435.28 102 565-596 580 365-433 412.53 12 630-648 639 350-384 362.62 7 675-681 678 285-339 315.74 3 771-771 771 317.5-317.5 317.5 STEERS - Large 1 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 53 1071-1071 1071 325-325 325 9 1221-1221 1221 275-275 275 STEERS - Medium and Large 1 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 280-280 280 600-600 600 Unweaned 3 280-280 280 600-600 600 Unweaned 7 336-340 338 600-710 663.18 32 367-391 378 520-665 628.16 40 402-436 407 575-582.5 576.2 Unweaned 20 404-421 410 632.5-655 646.91 Fancy 93 412-448 438 575-613 596.12 8 470-471 470 475-525 506.23 Unweaned 247 450-498 473 532.5-580 555.23 301 501-549 517 493-539 523 6 575-575 575 445-445 445 Unweaned 275 552-599 576 458-513 485.28 25 600-630 615 420-455 433.57 Unweaned 289 600-641 618 444-485 458.4 10 657-657 657 415-415 415 Unweaned 262 650-696 665 421-454.5 442.16 13 700-711 706 370-392.5 375.2 Unweaned 332 710-747 731 388-423.75 417.63 44 751-797 773 377-406 388.78 77 801-821 816 373-377.5 374.16 456 850-896 867 352.5-373.75 367.74 248 918-946 938 337.5-357.25 350.39 120 955-960 958 338.5-348.5 343.4 STEERS - Medium and Large 1-2 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 364-364 364 540-540 540 Unweaned 8 366-381 372 565-600 586.54 5 415-415 415 485-485 485 Unweaned 4 428-428 428 570-570 570 54 473-499 486 457.5-520 501.02 3 490-490 490 480-480 480 Unweaned 60 506-546 532 481-496 485.99 54 563-597 584 412.5-465 447.76 57 618-642 638 372.5-441 430.57 3 698-698 698 385-385 385 40 712-744 722 367-376.5 369.94 17 770-790 783 315-356 341.77 3 821-821 821 356-356 356 12 850-871 862 345-347 345.82 --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-3 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 10 1496-1575 1512 239-249 246.16 Average BEEF/DAIRY HEIFERS - Choice 2-4 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1505-1551 1542 243.5-246 245.51 Average BEEF/DAIRY HEIFERS - Select and Choice 2-3 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1300-1740 1585 220-232 228.35 Average BEEF/DAIRY STEERS - Choice 2-3 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 36 1479-1900 1599 242.5-252.5 249.02 Average BEEF/DAIRY STEERS - Select and Choice 2-3 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 11 1250-1800 1584 230-244 237.87 Average BULLS - 1-2 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1005-1220 1098 180-229 204.24 Average Light Weight 1 1700-1700 1700 160-160 160 Low 39 1390-2360 1796 171-223 206.56 Average 20 1435-2210 1892 225-269 241.33 High COWS - Boner 80-85% (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 46 1000-1390 1192 162-305 208.19 Average Return to Feed 52 1030-1705 1369 155-173 165.98 Average 1 820-820 820 202.5-202.5 202.5 Average Light Weight COWS - Breaker 75-80% (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 44 1180-1610 1397 164-230 183.23 Average Return to Feed 56 1215-2255 1564 170-183 176.04 Average 40 1285-2085 1623 184-203.5 188.59 High 19 1485-2185 1684 150-164 156.88 Low COWS - Lean 85-90% (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 27 1000-1605 1202 122.5-162 144.25 Average 13 805-985 911 120-163 142.41 Average Light Weight DAIRY HEIFERS - Choice 2-4 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1578-1578 1578 225-225 225 Average DAIRY HEIFERS - Select and Choice 3-4 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 29 1566-1686 1624 212-216 214.27 Average DAIRY STEERS - Choice 2-3 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 105 1425-1905 1626 225-244 233.58 Average DAIRY STEERS - Choice 3 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 12 1482-1780 1594 225-231 227.6 Average DAIRY STEERS - Select 2-3 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1160-1360 1283 180-204 195.71 Average DAIRY STEERS - Select and Choice 2-3 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 13 1225-1820 1530 210-225 218.34 Average DAIRY STEERS - Select and Choice 3-4 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1274-1410 1301 235-246 243.62 Average Return to Feed 27 1543-1793 1717 218-222 219.55 Average HEIFERS - Choice 2-4 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 14 1195-1408 1334 256-261 260.13 Average Certified Prgms 302 1190-1633 1410 250-263.5 257.46 Average 10 1614-1635 1619 257-260.5 259.74 Average Heavy Weight HEIFERS - Select and Choice 2-3 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1241-1320 1258 244-252 250.66 Average Return to Feed 37 1070-1640 1313 240-250 246.64 Average HEIFERS - Select and Choice 2-4 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 1095-1222 1190 255-265.5 263.04 Average Return to Feed 56 1238-1551 1398 253-257.5 255.78 Average STEERS - Choice 2-3 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 16 1328-1499 1386 258-261 258.9 Average Certified Prgms 39 1395-1477 1450 256-261 258.82 Average STEERS - Choice 2-4 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 179 1198-1690 1484 250-260 253.94 Average 8 1705-1845 1779 235-260 246.48 Average Heavy Weight STEERS - Choice 3-4 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 26 1510-1594 1552 258-262.5 260.26 Average 69 1610-1760 1673 255-260 258.93 Average Heavy Weight 8 1693-1693 1693 263-263 263 Average Certified Prgms STEERS - Select 2-3 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 890-1221 1145 230-237.5 234.03 Average Return to Feed STEERS - Select and Choice 2-3 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 37 1002-1336 1238 245-277 261.56 Average Return to Feed 20 1255-1492 1388 250-262 252.01 Average Certified Prgms 61 1102-1575 1438 238-254.5 248.57 Average STEERS - Select and Choice 3-4 (Per Unit/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1540-1560 1550 253-255 254.01 Average 16 1742-1742 1742 253-253 253 Average Heavy Weight
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 383,537 contracts as of May 12 and were net-sellers of 49,847 contracts during the CFTC reporting period as traders booked profits on length amid renewed peace efforts in the Middle East and few issues for U.S. planting thus far.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 259,956 contracts as of May 12 and were net-buyers of 108,892 contracts through the CFTC reporting period. The July 2026 contract is priced 7 1/2 cents lower than the September 2026 contract, widening (more carry) through the week and to the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex ended the day mixed, with the cattle contracts able to rally mildly through the day's end, while the lean hog contracts continue to struggle. Still no cash cattle trade has developed.

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