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USDA Dunlap, IA Weighted Average

USDA Dunlap, IA Weighted Average 11/03 10:45 AMS_2164 MARS Dunlap Livestock Slaughter Cattle - Dunlap, IA Dunlap Livestock Auction-Dunlap,IA Livestock Weighted Average Report for 11/03/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 116 145 130 Compared to last Tuesday: Choice slaughter steers 7.00 lower, with steers over 1500 lbs 6.00 lower. Choice slaughter heifers 9.00 lower. No implant heifers 8.00 lower. The auction consisted of half load of heavy steers, and many smaller strings. Good demand. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 10 1343-1365 1347 217-218 217.8 Average Certified Prgms 16 1230-1489 1391 213-217.5 215.04 Average HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1000-1220 1110 215-232 222.66 Average Return to Feed 3 1435-1525 1473 200-206.5 202.57 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 15 1300-1485 1424 215-220 217.25 Average 11 1440-1450 1443 218-218.5 218.36 Average Certified Prgms STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1546-1546 1546 218.5-218.5 218.5 Average Certified Prgms 28 1505-1595 1587 215-218.1 217.93 Average 3 1640-1742 1708 214.5-215.5 214.82 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 1290-1290 1290 212-212 212 Average Certified Prgms 12 1225-1408 1337 218-227 221.37 Average Return to Feed 2 1355-1490 1423 208.5-211 209.69 Average
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Market Strategies

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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