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USDA Sheldon, IA Weighted Average

USDA Sheldon, IA Weighted Average 05/29 15:45 AMS_2154 MARS Sheldon Livestock Slaughter Cattle - Sheldon, IA Sheldon Livestock Auction-Sheldon,IA Livestock Weighted Average Report for 05/29/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 600 230 232 Compared to the sale last Thursday, Choice slaughter steers and heifers mostly steady. Heavier steers, over 1500 lbs bringing a premium. Dairy steers 2.00-7.00 higher with good quality. Many load lots of both steers and heifers, along with plenty of smaller packages in the auction. Demand good on this larger offering today. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- DAIRY HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1400-1820 1610 185-187 185.87 Average DAIRY HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 11 1360-1810 1715 176-181 177.56 Average DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 1450-1648 1620 202-209 205.3 Average 5 1923-1923 1923 199.5-199.5 199.5 Average Certified Prgms DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 15 1519-1668 1598 190.5-195 193 Average Certified Prgms 27 1435-1900 1699 192-197 194.72 Average DAIRY/BEEF HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1411-1533 1452 209-210 209.35 Average Certified Prgms 3 1448-1475 1457 206-208 207.33 Average DAIRY/BEEF HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1455-1613 1550 195-197 195.38 Average DAIRY/BEEF STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1465-1560 1510 221-224 222.5 Average 13 1520-1520 1520 223.5-223.5 223.5 Average Certified Prgms DAIRY/BEEF STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1610-1647 1642 228-229 228.86 Average Certified Prgms DAIRY/BEEF STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1525-1525 1525 216-216 216 Average Certified Prgms 4 1543-1570 1550 211-215 212.01 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 10 1220-1440 1355 226-229 226.48 Average Certified Prgms 164 1320-1485 1432 226.5-231 229.73 Average 8 1550-1641 1618 225.5-227.25 226.83 Average Heavy Weight HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 18 1226-1263 1248 223.5-228.5 225.75 Average Return to Feed 26 1205-1450 1318 219.75-222 220.86 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1350-1470 1390 222-225 223.94 Average Certified Prgms 17 1433-1473 1450 224-229.25 227.37 Average STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 132 1509-1582 1556 225-231 228.06 Average 12 1530-1650 1564 227-230 228.92 Average Certified Prgms 15 1625-1765 1659 225-231.5 228.9 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1429-1429 1429 221-221 221 Average STEERS - Select and Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 1635-1679 1659 218-223 221.36 Average Heavy Weight
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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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