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USDA IA Fdr Cattle Wkly Wtd Av

USDA IA Fdr Cattle Wkly Wtd Av 03/23 08:50 AMS_2167 MARS Iowa Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 03/16/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 4303 7439 8290 SLAUGHTER CATTLE 651 893 944 Compared to last week steers and heifers over 650 lbs sold 5.00 to 10.00 higher. Slaughter steers sold steady with heifers trading 5.00 higher. Slaughter cows sold steady to 3.00 higher and bulls sold 10.00 higher. Demand was good throughout the week, especially on cattle going to the feedlot. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 912-912 912 290-290 290 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 1000-1000 1000 275-275 275 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 5 341-341 341 510-510 510 52 354-398 375 492.5-549 525.37 70 415-448 434 475-531 506.25 70 450-495 478 443-494 465.43 8 485-485 485 428-428 428 Unweaned 176 500-542 523 426-490 448.04 4 533-533 533 405-405 405 Unweaned 77 556-599 568 417-465 437.98 188 622-644 637 390-429.5 404.84 21 655-655 655 396-396 396 Replacement 193 651-688 663 365-401 380.89 157 701-743 723 336-372 362.62 10 740-740 740 380-380 380 Replacement 216 752-795 768 339-352.25 345.31 34 780-780 780 3010-3010 3010 Replacement 9 813-817 815 310-312.5 311.39 35 828-828 828 3050-3050 3050 Replacement 28 850-886 858 313-337 332.36 14 940-940 940 265-308 287.07 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 379-392 389 490-497.5 496.04 7 447-447 447 455-455 455 36 472-498 484 420-440 428.88 3 540-540 540 380-380 380 37 625-647 645 370-375 374.61 9 692-695 693 345-350 348.33 9 722-745 730 335-336 335.34 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 271-271 271 695-695 695 26 311-342 328 565-675 622.77 49 350-397 381 570-635 596.47 102 411-449 436 546-620 574.73 97 452-495 475 484-620 561.99 7 478-478 478 500-500 500 Unweaned 190 501-545 525 479-534 503.36 91 560-598 578 460-527.5 475.19 3 597-597 597 407.5-407.5 407.5 Unweaned 5 604-604 604 395-395 395 Unweaned 179 602-637 624 415-466 444.93 226 650-697 666 395-437.5 423.09 279 702-748 731 375-415 393.23 226 754-799 767 369-399 383.6 446 800-842 812 347-382.25 373.99 131 852-894 868 330-369.5 357.25 190 907-945 936 325-346 341.85 13 950-965 957 321-326 322.99 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 343-343 343 565-565 565 12 386-386 386 506-506 506 8 401-448 425 470-505 486.53 28 450-496 471 461-535 503.02 18 513-548 534 451-471 462.26 39 550-587 570 415-466 440.48 35 694-694 694 388-388 388 3 710-710 710 325-325 325 4 843-843 843 298-298 298 12 850-868 862 321-323 322 --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1396-1525 1448 230-235 232.11 Average BULLS - 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1320-1740 1500 210-212.5 211.05 Average 2 1565-1900 1733 145-147.5 146.37 Low 10 1465-2605 1931 220-280 235.4 High 2 825-1045 935 202.5-222.5 211.32 Average Light Weight COWS - Boner 80-85% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 30 1000-1415 1169 159-252.5 188.11 Average Return to Feed 27 940-1685 1367 145-180 159.99 Average 1 1515-1515 1515 134-134 134 Low 8 930-995 953 170-270 194.27 Average Light Weight COWS - Breaker 75-80% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 24 1195-1515 1352 169-200 184.2 Average Return to Feed 28 1275-1885 1580 160-180 169.16 Average 18 1390-1750 1619 178-205 189.28 High 5 1575-1905 1768 140-160 153.43 Low COWS - Lean 85-90% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1000-1350 1136 142-157.5 150.44 Average Return to Feed 17 1000-1620 1219 128-157.5 141.44 Average 7 790-975 892 118-155 133.27 Average Light Weight DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 1490-1490 1490 216.5-216.5 216.5 Average DAIRY STEERS - Select 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 1390-1390 1390 145-145 145 Average DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 8 1410-1625 1543 197-212 205.46 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 104 1306-1665 1436 240-250 243.59 Average 2 1705-1710 1708 230-235 232.5 Average Heavy Weight HEIFERS - Select 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1105-1305 1161 212.5-243 233.13 Average Return to Feed 1 1190-1190 1190 224-224 224 Average HEIFERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1212-1212 1212 243-243 243 Average Return to Feed 32 1135-1548 1319 229-240.5 237.12 Average STEERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 156 1231-1623 1499 240-248.5 243.48 Average 3 1770-1775 1773 233-245 241.01 Average Heavy Weight STEERS - Select 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1120-1240 1176 172.5-242 224.19 Average Return to Feed STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1215-1265 1253 244-248 247.03 Average Return to Feed 37 1140-1630 1434 230-240 237.07 Average
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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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