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USDA Lamoni, IA Weighted Average

USDA Lamoni, IA Weighted Average 01/15 19:00 AMS_2158 MARS Lamoni Livestock Feeder Cattle - Lamoni, IA Lamoni Livestock Auction-Lamoni,IA Livestock Weighted Average Report for 01/15/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 3625 3427 0 Compared to the sale a week ago, light volume of steer calves under 550 lbs. sold with a higher undertone noted; steers over 550 lbs. mostly sold steady to 12.00 lower. Heifers sold mostly steady to 7.00 higher, except 550 to 600 lbs. sold 8.00 lower. Demand was very good today and included active internet bidding. Supply was heavy and included nearly 800 head from 3 consigners and many load lots of reputation cattle. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 517-517 517 455-455 455 4 561-561 561 386-386 386 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 384-384 384 480-480 480 25 413-436 417 460-461 460.83 14 463-482 471 420-433 429.97 Unweaned 39 466-497 486 430-447 439.22 135 510-543 519 415-448 438.32 107 550-588 568 386-415 401.76 8 572-572 572 375-380 376.88 Unweaned 22 614-634 622 362-375 370.42 Unweaned 355 607-649 635 370-405.5 390.58 207 652-699 676 347-377 363.09 4 681-681 681 346-346 346 Unweaned 121 700-749 720 330-357 341.86 25 750-775 765 327-338 331.67 5 779-779 779 328-328 328 Unweaned 8 812-835 826 311-314 312.11 39 856-856 856 315-315 315 10 911-911 911 308-308 308 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 393-393 393 440-440 440 14 455-484 473 400-425 410.94 28 503-540 518 374-415 393.05 22 580-598 592 350-370 365.81 4 613-613 613 345-345 345 4 725-725 725 310-310 310 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 1026-1026 1026 304-304 304 38 403-426 417 557.5-600 586.59 29 484-499 494 505-515 509.46 136 504-546 526 495-529 508.03 39 565-585 579 463-491 468.89 11 608-608 608 392-392 392 Unweaned 178 606-644 626 422.5-450 434.65 286 651-694 666 398-421 413.79 10 667-667 667 389.5-389.5 389.5 Unweaned 115 668-668 668 434.5-434.5 434.5 Fancy 274 711-749 738 370-387.5 380.94 14 751-785 766 345-350 347.8 Unweaned 208 752-796 780 360-380 368.34 94 808-845 828 336-363.5 349.2 6 833-833 833 320-320 320 Fleshy 299 866-899 886 320-346.5 340.33 196 958-985 974 308.5-333 328.42 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 446-446 446 450-450 450 15 518-548 530 460-482.5 473.76 31 551-580 555 412.56-452 435.55 10 612-649 633 378-415 389.68 15 664-686 671 380-398 386.13 9 723-748 731 335-356 348.84 4 780-780 780 341-341 341 4 835-835 835 330-330 330 8 873-884 879 317-319 318.01 49 950-950 950 290.5-290.5 290.5
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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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