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USDA Bassett, NE Weighted Average

USDA Bassett, NE Weighted Average 11/04 15:00 AMS_1852 MARS Bassett Livestock Auction - Bassett, NE Bassett-Bassett,NE Livestock Weighted Average Report for 11/04/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1590 1915 1625 Compared with last week 500 to 550 lbs steers traded sharply lower, with no comparable offerings for heifers. Demand was moderate to good with active internet bidding. Another day of cloudy wet weather in the area. Next Auction Dates: Nov 11th Special Feeder Cattle Auction, Nov 18th Special Feeder Cattle & Bred Cow Auction --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 70 1007-1035 1013 277-290 287.57 19 1085-1086 1086 266-267 266.21 5 1126-1126 1126 255-255 255 8 1194-1194 1194 245-245 245 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 446-446 446 447.5-447.5 447.5 17 453-453 453 423-423 423 16 537-537 537 392.5-392.5 392.5 20 577-577 577 400-400 400 33 610-622 615 370-375 373.01 47 671-682 673 337.5-346.75 343.77 49 761-761 761 335.75-335.75 335.75 13 911-935 926 280-289 285.59 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 525-525 525 387.5-387.5 387.5 8 601-601 601 341-341 341 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 389-391 390 500-516 508.98 11 409-420 414 494-496 495.08 209 451-496 477 473-482 476.86 212 505-521 512 451-465 458.42 385 556-598 586 410-437 424.54 78 666-677 673 373-373 373 87 709-709 709 377-377 377 52 760-763 762 334-342 339.46 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 23 496-496 496 447.5-447.5 447.5 22 606-645 615 370-380 377.62
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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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