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USDA IA Fdr Cattle Wkly Wtd Av

USDA IA Fdr Cattle Wkly Wtd Av 12/08 08:05 AMS_2167 MARS Iowa Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 12/01/2025 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 16276 4020 18820 SLAUGHTER CATTLE 1213 592 1700 Compared to last week's light test of the market, this week saw steers selling 30.00 to 50.00 higher and heifers sold 20.00 to 40.00 higher. Slaughter steers and heifers sold 9.00 to 13.00 higher. Slaughter cows sold 5.00 to 12.00 higher and bull sold 20.00 higher. Demand was good to very good throughout the week for all weights and classes of livestock. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 340-340 340 450-450 450 Unweaned 9 483-483 483 435-435 435 11 621-621 621 342-342 342 Unweaned 6 685-685 685 300-300 300 8 710-710 710 320-320 320 Unweaned HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 1030-1030 1030 240-240 240 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 1120-1120 1120 256-256 256 7 250-250 250 1150-1150 1150 20 310-346 322 410-522 454.76 4 330-330 330 430-430 430 Unweaned 21 371-371 371 445-445 445 Unweaned 50 350-395 388 365-466 437.68 133 400-446 423 387.5-472.5 423.51 18 400-444 428 380-413 403.53 Unweaned 74 459-459 459 427-427 427 Fancy 16 452-480 461 352.5-367 357.22 Unweaned 220 450-498 477 355-440 403.79 19 511-511 511 416-416 416 Replacement 37 508-539 523 340-392 367.24 Unweaned 34 517-526 524 425-425 425 Fancy 530 500-548 528 350-425 388.89 8 553-553 553 370-370 370 Fleshy 13 565-565 565 432.5-432.5 432.5 Fancy 660 550-599 573 325-415 371.56 41 574-574 574 385-385 385 Replacement 43 576-587 581 361-368 365.04 Unweaned 3 591-591 591 1450-1450 1450 129 609-618 613 350-366 357.21 Fancy 83 608-635 619 320-357 344.45 Unweaned 713 600-647 623 327-385 357.36 41 646-646 646 361-361 361 Replacement 27 656-656 656 341-341 341 Unweaned 68 650-672 662 362-373 369.08 Replacement 774 651-699 675 310-375 341.46 6 709-709 709 318-318 318 Unweaned 39 704-720 711 333-358 344.68 Replacement 505 700-749 725 301-356 336.81 42 729-729 729 330-330 330 Fancy 61 765-781 771 331-343 338.42 Replacement 165 756-795 773 272.5-325 318.2 47 803-839 819 275-310 298.71 37 829-829 829 325-325 325 Replacement 279 854-894 876 306.75-325 311.46 24 881-881 881 300-300 300 Replacement 5 924-924 924 257-257 257 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 313-330 316 394-452.5 406.2 4 375-375 375 395-395 395 10 415-440 419 330-417.5 375.67 62 454-498 484 300-390 361.88 122 501-544 526 315-385 361.43 18 527-534 532 330-356 337.15 Unweaned 63 561-596 584 301-367.5 349.75 168 600-646 637 290-348 336.15 54 650-698 674 275-335 312.61 11 705-749 742 285-305 288.05 56 767-783 773 284.5-310 286.04 12 860-860 860 260-260 260 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 98 1061-1091 1076 304.75-312 308.32 15 342-342 342 525-525 525 4 355-355 355 1300-1300 1300 26 361-366 362 550-560 554.24 9 382-382 382 460-460 460 Unweaned 66 406-443 425 450-547 512.49 9 441-441 441 456-456 456 Unweaned 203 453-495 472 440-535 483.4 44 454-487 477 450-511 475.34 Unweaned 435 503-548 527 427-485 457.88 39 526-549 542 402-434 416.14 Unweaned 131 556-581 569 411.5-450 423.02 Unweaned 536 550-596 572 382-460 426.42 137 611-642 623 400-430 417.82 Fancy 944 600-649 625 374-421 396.95 72 608-646 628 370-403.5 380.61 Unweaned 203 653-685 667 374.5-399.75 385.97 Fancy 1053 650-699 675 350-399 382.4 131 658-692 676 349-379.5 361.71 Unweaned 56 705-743 718 340.75-349 344.3 Unweaned 1057 700-749 727 340-382 365.97 18 759-759 759 345-345 345 Unweaned 68 765-765 765 368.5-368.5 368.5 Fancy 947 750-799 772 320-374.5 355.37 94 812-814 813 344.5-348.25 346.73 Fancy 541 800-845 831 318.5-358.5 343.62 340 852-899 878 295-347 333.35 65 905-916 906 303-341 338.63 477 965-995 980 289-333.5 327.48 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 313-341 328 420-460 433.44 4 341-341 341 410-410 410 Unweaned 13 373-391 381 432.5-480 459.72 24 415-447 433 400-510 451.01 74 451-495 482 400-484 446 42 518-547 530 390-435 402.55 98 552-597 581 325-411 388.52 12 586-586 586 377.5-377.5 377.5 Unweaned 61 604-642 620 320-374 347.95 46 660-686 675 332.5-360 352.31 46 700-748 725 320-345 334.68 21 781-781 781 326-327 326.52 4 842-842 842 285-285 285 9 916-916 916 277-277 277 --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 20 1412-1682 1518 212-223 220.77 Average BEEF/DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1340-1525 1418 187-210 200.24 Average BULLS - 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 955-1290 1130 147.5-172.5 163.44 Average Light Weight 16 1220-2085 1776 150-200 180.53 Average 5 1585-2020 1853 210-221 215.87 High COWS - Boner 80-85% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 26 1005-1295 1143 154-210 175.74 Average Return to Feed 31 1020-1950 1339 139.5-161 150.53 Average 5 1210-1495 1347 122.5-142.5 134.24 Low 8 840-965 919 145-197.5 170.15 Average Light Weight COWS - Breaker 75-80% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 10 1260-1490 1377 161-194.5 174.1 Average Return to Feed 48 1200-1775 1456 150-192 168.39 Average 3 1395-1605 1520 139-142 140.27 Low 27 1445-1935 1639 174-193 181.13 High COWS - Lean 85-90% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 36 1010-1590 1185 110-145 129.01 Average 10 650-985 882 117.5-150 129.94 Average Light Weight DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 16 1505-1715 1609 210-217 213.59 Average DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1310-1720 1473 197-208 205.86 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 251 1160-1626 1390 207.5-229.25 224.4 Average 17 1265-1429 1414 208-213 211.85 Average Certified Prgms HEIFERS - Select 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 13 915-1225 1089 203-218 210.3 Average Return to Feed HEIFERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 54 1100-1470 1277 210-220 215.5 Average HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 11 840-1285 1167 208-231 212.95 Average Return to Feed STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1365-1490 1422 206.5-208 207.15 Average 15 1330-1447 1428 207-210.25 209.67 Average Certified Prgms STEERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 346 1234-1697 1517 220-228.5 224.81 Average 13 1700-1880 1755 199-229 220.18 Average Heavy Weight STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 16 1508-1556 1547 212.5-213 212.91 Average 10 1600-1620 1618 207-210 209.7 Average Heavy Weight STEERS - Select 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 1100-1215 1155 203-226 212.34 Average Return to Feed STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 12 1220-1365 1303 208-224.5 215.18 Average Return to Feed 56 1160-1535 1343 210-220.5 216.32 Average
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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-long futures position of 120,900 contracts as of Nov. 18, an increase of 77,887 contracts during the CFTC reporting period.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 84,962 contracts as of November 18, the most recent CFTC data. The March 2026 contract is priced 8 1/4 cents lower than the May 2026 contract, a spread that was slightly wider through the week. DTN's National Corn Index implies a corn basis of 41 cents under the March board, a penny firmer through the week.

SEASONAL INDEX: Corn prices tend to peak in early June and bottom in early...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex rounded out the day mixed as the cattle contracts dipped lower, but the lean hog contracts continued to rally through the week's end. No new cash cattle trade was noted. March corn is down 5 3/4 cents per bushel and January soybean meal is up $0.40.

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