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USDA IA Fdr Cattle Wkly Wtd Av

USDA IA Fdr Cattle Wkly Wtd Av 11/02 07:15 AMS_2167 MARS Iowa Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 10/26/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 5732 3204 4924 SLAUGHTER CATTLE 932 1120 1607 Compared to last week steers and heifers sold unevenly steady with lower undertones noted by week's close. A lot of variance in weights and kind from this week to last. Demand was moderate to good in some cases. Slaughter steers and heifers sold steady. Slaughter cows sold 2.00 to 7.00 higher and bull sold 8.00 higher. Overall, the market was pretty good despite the sharp losses in the CME cattle boards through the week. Many farmer/feeders were back in the field trying to get crops out before the next wave of wet weather blows through from the west. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 628-628 628 348-348 348 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 1026-1026 1026 245-245 245 5 1138-1138 1138 246.5-246.5 246.5 4 1242-1242 1242 217.5-217.5 217.5 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 1004-1034 1024 251-266 261.1 3 312-312 312 380-380 380 9 367-387 378 1660-1885 1787.94 34 377-399 389 463-515 483.01 13 402-443 423 427.5-450 439.34 Unweaned 64 403-446 434 430-480 454.09 10 453-453 453 465-465 465 Fancy 123 451-498 480 400-443 419.1 16 465-493 481 390-425 405.21 Unweaned 3 503-503 503 369-369 369 Full 57 503-543 518 341-394 376.76 Unweaned 195 513-545 527 330-419 394.56 24 551-579 564 365-377 372.13 Unweaned 135 557-597 578 345-407 370.39 18 600-646 618 326-345 339.05 Unweaned 98 600-639 620 330-366 341.07 132 611-633 625 370-381 376.92 Fancy 147 653-680 672 320-341 334.65 14 676-697 687 306-335 320.28 Unweaned 96 702-738 725 306-353 327.01 24 763-798 786 309-337 315.57 163 800-842 812 300-327.75 312.91 217 853-871 862 286-301.5 301.21 58 901-948 918 276-296 289.2 10 965-965 965 285-285 285 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 331-331 331 475-475 475 4 375-375 375 365-365 365 Unweaned 5 416-416 416 412.5-412.5 412.5 7 529-529 529 363-363 363 14 576-591 580 351-354 351.87 6 673-673 673 320-320 320 23 703-736 717 287.5-311 301.87 5 798-798 798 276-276 276 5 821-821 821 295-295 295 6 854-854 854 285-285 285 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 1057-1057 1057 285.5-285.5 285.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 1033-1033 1033 308-308 308 4 321-321 321 1640-1640 1640 3 348-348 348 514-514 514 6 385-396 391 1660-1750 1705.63 3 395-395 395 505-505 505 Unweaned 27 402-436 422 455-490 473.32 Unweaned 95 425-447 438 412-567.5 536.3 15 457-496 470 430-473 457.87 Unweaned 98 452-498 473 447-540 496.78 6 507-507 507 415-415 415 Full 218 502-549 522 402.5-480 449.8 36 513-548 540 415-444 440.48 Unweaned 3 551-551 551 2200-2200 2200 273 556-593 574 410-452.5 431.38 22 572-581 577 389-415 403.57 Unweaned 6 607-607 607 1950-1950 1950 82 600-648 620 380-426 408.52 Unweaned 154 600-648 625 354-420 394.55 28 645-645 645 371.5-371.5 371.5 Full 184 651-697 670 339-411 366.47 68 662-698 672 360-397 378.89 Unweaned 3 695-695 695 2100-2100 2100 179 703-748 720 329-382 363.48 10 761-761 761 316-316 316 Unweaned 287 756-798 780 337-370.25 356.08 486 807-849 826 323-361.5 354.34 512 853-889 882 326-351 348.35 525 902-948 917 310-347.25 339.59 142 952-997 986 292-318.5 317.21 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 435-435 435 310-310 310 Unweaned 9 471-471 471 425-425 425 Unweaned 4 487-487 487 402.5-402.5 402.5 10 550-571 560 315-381 352.33 14 645-648 646 369-370 369.64 7 647-647 647 373-373 373 Unweaned 8 661-661 661 331-331 331 5 685-685 685 351-351 351 Unweaned 3 740-740 740 329-329 329 6 888-888 888 319-319 319 4 946-946 946 305-305 305 23 971-993 975 276-281 280.11 --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1425-1515 1440 214-219 214.88 Average BULLS - 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 1175-1175 1175 142-142 142 Low 11 1455-1985 1760 156-210 179.43 Average 1 930-930 930 195-195 195 Average Light Weight COWS - Boner 80-85% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 26 1030-1395 1171 132-237.5 170.5 Average Return to Feed 20 1030-1485 1239 122-145 131.92 Average 3 1310-1375 1352 105-124 114.33 Low 3 830-955 900 170-217.5 191.4 Average Light Weight COWS - Breaker 75-80% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 11 1245-1485 1367 151-202.5 168.5 Average Return to Feed 26 1230-1815 1471 135-158 145.08 Average 7 1525-1875 1734 127-139 131.7 Low COWS - Lean 85-90% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 23 1005-1625 1264 106-128 118.15 Average 5 805-960 894 80-127 101.96 Average Light Weight DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 13 1450-1706 1555 197-207 201.34 Average DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 15 1285-1690 1517 171.5-191 180.78 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 13 1305-1382 1343 225.25-226.25 225.66 Average Certified Prgms 263 1175-1586 1387 220-227 224.03 Average HEIFERS - Select 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 15 982-1170 1075 198-233 219.11 Average Return to Feed HEIFERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1217-1217 1217 225-225 225 Average Return to Feed 15 1130-1497 1299 212-221 218.55 Average HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1015-1245 1109 223-235 229.35 Average Return to Feed 8 1140-1140 1140 235-235 235 Average Certified Prgms 4 1220-1370 1295 217-220 217.96 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 16 1401-1447 1421 225.5-226.5 226.05 Average Certified Prgms 26 1220-1497 1442 220.5-225.75 224.53 Average STEERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 201 1310-1668 1522 220-228 223.73 Average 2 1725-1725 1725 223-223 223 Average Heavy Weight STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1535-1535 1535 225.75-225.75 225.75 Average Certified Prgms 7 1520-1570 1540 223-225 223.86 Average 5 1840-1841 1841 223.5-224.5 223.7 Average Heavy Weight STEERS - Select 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 990-1282 1125 192.5-259 222.26 Average Return to Feed STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 41 980-1440 1270 214-240 227.81 Average Return to Feed 6 1370-1370 1370 230.75-230.75 230.75 Average Certified Prgms 25 1120-1490 1405 210-221.5 218.27 Average
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CORN Strategies Snapshot

TREND: The trend in most active corn futures is considered sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 137,595 contracts as of Nov. 3, net-sellers of 63,677 contracts as traders reduced their net-length from early September by 75% as of the most recent CFTC report.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 137,516 contracts as of Nov. 3, and were net-buyers of 52,161 contracts through the CFTC reporting period. The December 2026 contract is priced 13 1/2 cents lower than the March 2027 contract, weakening (more carry) slightly through the week but in an overall strengthening trend since early August. National average corn basis firmed...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a successful week for the livestock contracts! All three of the livestock markets ended the week Friday afternoon in a better position than what the market opened at on Monday morning -- praise God!

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