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USDA Ogallala, NE Feeder Cattle Weighted Average

USDA Ogallala, NE Feeder Cattle Weighted Average 01/15 19:00 AMS_1850 MARS Ogallala Livestock Auction - Ogallala, NE Ogallala-Ogallala,NE Livestock Weighted Average Report for 01/15/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 7753 7077 8479 Compared to last week, steers were 3.00 - 20.00 higher except 700 lbs was 2.00 lower. Heifers 550 - 650 was 15.00 - 20.00 higher and 650 - 750 was 7.00 - 20.00 lower. Demand was good to moderate on a nice selection offered. Full house with a busy internet all day. Next feeder special will be January 22. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 27 326-346 333 655-672.5 662.16 19 366-397 382 565-577.5 570.67 19 401-401 401 597.5-597.5 597.5 Thin Fleshed 102 405-427 417 560-575 566.27 13 453-453 453 555-555 555 Thin Fleshed 121 451-486 467 517.5-535 531.93 98 501-501 501 515-515 515 Replacement 220 510-548 528 457.5-480 468.06 220 510-548 528 457.5-480 468.06 515 552-587 565 446-467.5 453.52 69 604-604 604 446-446 446 Replacement 203 601-627 606 415-428 423.86 353 651-666 659 390-402 394.47 51 703-703 703 383-383 383 Replacement 217 700-733 719 353-374 367.28 55 773-780 774 339-346 344.85 51 808-830 813 330-336.5 332.79 11 818-818 818 362.5-362.5 362.5 Replacement 38 877-877 877 336-336 336 8 913-913 913 307-307 307 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 346-346 346 615-615 615 9 418-418 418 567.5-567.5 567.5 300 469-497 489 492.5-500 497.07 206 553-599 574 422.5-442 434.17 71 643-643 643 398-402 401.32 75 659-687 672 366-372 369.16 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 23 323-330 328 685-700 696.15 22 433-440 437 625-625.5 625.25 73 451-473 458 579-594 587.39 41 506-512 507 554-556 555.56 Fancy 281 506-543 530 515-542.5 525.85 189 556-575 565 507-530 519.46 Fancy 340 560-593 580 480-500 488.02 428 601-647 624 451-467.5 456.02 208 612-639 631 468-472 470.92 Fancy 541 654-694 682 425-433 428.6 266 715-738 732 394.5-401 398.87 24 760-760 760 389-389 389 Fancy 141 750-798 772 362-379.5 375.93 195 813-837 819 365-376.5 370.28 98 893-893 893 357-357 357 46 900-900 900 343-343 343 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 26 494-499 497 550-555 551.91 86 542-549 546 505-517.5 509.64 27 590-592 591 442-446 444.52 128 611-648 640 421-442 431.93 18 692-699 696 399-402.5 400.55 18 711-747 729 373-384 378.36
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for March corn is sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 51,704 contracts as of Jan. 20 and were net-sellers of 18,281 contracts during the CFTC reporting period following a bearish surprise in the Crop Production and WASDE reports released by USDA on Jan. 12.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 68,044 contracts as of Jan. 20 and were net-buyers of 19,121 contracts through the CFTC reporting period. The March 2026 contract is priced 7 3/4 cents lower than the May 2026 contract, mostly steady through the week. National average corn basis firmed a penny through the week to 35 cents under the March board.

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Cattle futures are finding sufficient support to push higher on the anticipation of higher cash trade. Feeder cattle led the charge, pushing through resistance. Hogs ran out of steam, correcting for the overbought status.

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