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USDA Ogallala, NE Feeder Cattle Weighted Average

USDA Ogallala, NE Feeder Cattle Weighted Average 05/07 15:35 AMS_1850 MARS Ogallala Livestock Auction - Ogallala, NE Ogallala-Ogallala,NE Livestock Weighted Average Report for 05/07/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2681 3144 0 No comparison to last week. The market had a higher undertone, with a nice selection of grass and feeders offered. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 339-339 339 625-625 625 67 435-440 439 521-532.5 523.96 69 509-521 513 472.5-491 485.84 206 563-595 583 447.5-459 454.73 60 604-630 617 437.5-448 442.81 141 664-687 670 388-410 403.91 94 700-712 703 387.5-398.5 395.29 17 761-761 761 361.5-361.5 361.5 53 840-840 840 344-344 344 5 968-968 968 305-305 305 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 44 536-543 539 444-457.5 452.45 22 618-644 626 400-412.5 404.09 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 86 1005-1018 1010 327.5-330 329.12 10 375-375 375 640-640 640 11 400-400 400 585-585 585 Thin Fleshed 15 438-447 441 550-552 550.68 46 453-453 453 591-591 591 137 520-534 531 523-529 527.84 32 551-566 561 508-512 509.35 45 613-613 613 466-466 466 Unweaned 93 616-649 646 467.5-478 475.39 85 670-686 682 422.5-438 434.24 30 710-732 720 396-402.5 400.08 31 754-754 754 390-390 390 Fleshy 167 755-762 760 401-418 406.56 185 826-827 826 372-387 382.62 131 859-890 888 356-364.5 364.06 19 920-923 921 340-341 340.32 190 953-964 960 332.5-339 337.67 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 477-487 484 520-543 535.44 17 597-597 597 444-444 444 10 754-767 761 387-392 389.48
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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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