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USDA Dunlap, IA Weighted Average

USDA Dunlap, IA Weighted Average 05/27 11:10 AMS_2164 MARS Dunlap Livestock Slaughter Cattle - Dunlap, IA Dunlap Livestock Auction-Dunlap,IA Livestock Weighted Average Report for 05/27/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 152 143 0 Compared to the sale last Tuesday, Choice slaughter steers 1.00-3.00 higher. Choice slaughter heifers steady to 4.00 higher. The auction consisted of 1 load lot of steers, along with plenty of smaller packages. Good demand throughout the sale. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 13 1230-1495 1311 225-229.5 228.86 Average HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1137-1225 1166 230-231 230.65 Average Return to Feed 14 1159-1440 1266 215.5-219.5 217.48 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1288-1301 1294 225.5-227.5 226.64 Average Certified Prgms 37 1436-1436 1436 231-231 231 Average STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1500-1512 1508 225-227 225.66 Average Natural 3 1560-1590 1572 225-229 227.67 Average 10 1600-1710 1667 222.5-226 224.91 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 16 1240-1342 1260 229-230 229.87 Average Return to Feed 4 1270-1490 1418 219-223.5 222.32 Average
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 95,494 contracts as of June 10, an increase of 14,435 contracts as solid crop conditions and friendly weather kept sellers active during the CFTC reporting period.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 114,551 contracts as of June 10, an increase of 9,826 contracts, week-over-week. The July 2025 contract is priced 16 cents higher than the September 2025 contract, a spread that strengthened significantly over the past week. DTN's National Cash Index indicated that corn basis firmed over the most recent week to 22 cents under the July board, an improvement of 1 cent on the...

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Commentary

DTN Ag Host Midday Livestock

DTN Ag Host Midday Livestock

Traders' concerns about the livestock complex being overbought and over-extended have resurfaced today as all three of the livestock markets are trading lower into Tuesday's noon hour. Southern asking prices are noted at $238 plus, but no trade has developed yet.

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