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USDA IA Fdr Cattle Wkly Wtd Av

USDA IA Fdr Cattle Wkly Wtd Av 03/16 12:05 AMS_2167 MARS Iowa Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 03/09/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 7439 8498 9943 SLAUGHTER CATTLE 893 788 1405 Compared to last week most weights of steers sold unevenly steady except 9 weights sold 10.00 lower. Heifers sold 5.00 to 10.00 lower. Slaughter steers sold steady and slaughter heifers sold 5.00 lower. Slaughter cows sold 2.00 to 5.00 higher and bulls sold steady. Demand was moderate to good. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 515-522 518 385-398 393.08 8 525-525 525 417.5-417.5 417.5 Unweaned 12 566-590 574 387.5-460 435.16 5 611-611 611 360-360 360 12 732-732 732 340.5-340.5 340.5 4 760-760 760 320-320 320 Unweaned HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 1041-1041 1041 258-258 258 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 1047-1047 1047 245-245 245 5 305-305 305 565-565 565 Unweaned 5 330-330 330 515-515 515 20 356-393 372 464-545 500.45 10 371-380 374 515-525 518.05 Unweaned 24 412-426 423 455-465 459.99 5 458-458 458 450-450 450 Unweaned 40 453-491 466 425-500 457.59 21 498-498 498 460-460 460 Fancy 8 506-506 506 455-455 455 Fancy 67 500-547 520 387.5-490 431.48 7 560-560 560 365-365 365 Unweaned 96 553-592 568 396-430 414.82 238 605-648 626 352-427.5 381.35 35 629-629 629 405.5-405.5 405.5 Fancy 13 657-657 657 376-376 376 Fancy 110 651-698 678 341-392.5 372.06 49 688-688 688 350-350 350 Replacement 82 717-727 723 350-435.5 399.83 Fancy 153 700-748 725 331-350 340.8 18 744-744 744 348-348 348 Replacement 88 763-785 767 333.5-381.75 368.17 Replacement 21 770-770 770 391-391 391 Fancy 204 766-799 784 307-330 325.47 64 821-833 827 375-385 379.96 Replacement 245 807-845 835 301-321.5 318.93 17 837-837 837 335-335 335 Fancy 91 870-892 882 285-341 311.39 25 892-892 892 381-381 381 Fancy 47 919-940 927 280-302 293 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 470-476 473 427.5-440 432.82 30 506-545 530 400-445 416.92 36 564-598 583 325-385 372.56 4 621-621 621 322.5-322.5 322.5 Unweaned 25 618-636 625 315-368 348.56 10 657-685 671 325-350 337.24 19 701-742 719 295-322.5 311.85 8 815-845 834 310-312 311.27 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 51 1000-1000 1000 319-319 319 99 989-989 989 320.75-320.75 320.75 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 1013-1013 1013 294.5-294.5 294.5 4 334-334 334 615-615 615 Unweaned 10 387-387 387 601-601 601 Unweaned 22 413-446 434 517.5-542 527.88 20 422-448 435 502.5-514 508.08 Unweaned 32 450-486 464 470-542.5 519.14 76 503-547 526 454-525 499.47 9 532-532 532 435-435 435 Unweaned 161 551-597 582 412-485 458.98 6 620-620 620 392.5-392.5 392.5 Unweaned 209 600-648 623 400-469 447.55 6 668-668 668 401-401 401 Unweaned 6 668-668 668 401-401 401 Unweaned 181 653-693 671 374-445 411.47 36 716-716 716 399-399 399 Fancy 283 705-742 721 360-412.5 389.99 580 760-799 788 355-383.5 374.89 469 800-848 833 331-368 347.73 1341 863-899 881 322.5-365.5 350.53 4 889-889 889 310-310 310 Fleshy 380 900-936 923 300-337.5 328.87 137 962-981 967 304-321.75 319.58 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 350-358 354 490-540 514.72 10 541-545 543 401-445 422.92 28 553-594 583 410-441 429.03 23 667-678 675 380-400 394.85 45 712-728 723 365-370 365.93 25 766-796 780 340-352 346.42 7 820-820 820 320-320 320 3 920-920 920 300-300 300 --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 8 1475-1768 1591 231-241.5 234.34 Average BULLS - 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 1070-1070 1070 235-235 235 Average Light Weight 1 1285-1285 1285 150-150 150 Low 18 1330-2610 1994 166-215 192.73 Average 6 1825-2500 2098 217-257 232.08 High COWS - Boner 80-85% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 62 1005-1365 1188 155-247.5 186.23 Average Return to Feed 52 1100-1875 1410 145-167 156.27 Average 1 1615-1615 1615 140-140 140 Low 9 815-935 884 182.5-310 244.9 Average Light Weight COWS - Breaker 75-80% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 25 1215-1600 1405 169-190 179.88 Average Return to Feed 38 1280-2060 1598 165-177.5 171.92 Average 6 1445-1765 1637 141-155 149.76 Low 13 1490-1910 1648 175-187 182.44 High COWS - Lean 85-90% (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1070-1280 1175 140-152 146.54 Average Return to Feed 28 1005-1875 1200 125-152.5 138.67 Average 12 840-970 900 110-150 131.61 Average Light Weight DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 57 1415-1820 1671 215-227 218.01 Average DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1300-1750 1591 201-210.5 208.19 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 174 1140-1695 1421 224.5-249 238.06 Average 6 1395-1579 1504 227.5-230.5 228.54 Average Certified Prgms 1 1640-1640 1640 220-220 220 Average Heavy Weight HEIFERS - Select 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 950-1230 1073 204-241 222.39 Average Return to Feed HEIFERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 24 1010-1615 1277 226-239.5 236.27 Average HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 1095-1095 1095 231-231 231 Average Return to Feed STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 1275-1620 1398 225-233 229.02 Average 8 1478-1486 1482 228.75-234 231.37 Average Certified Prgms 2 1597-1597 1597 228.75-228.75 228.75 Average Heavy Weight STEERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 123 1185-1682 1511 236-249 243.88 Average 6 1770-1848 1809 240-250 244.24 Average Heavy Weight STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1687-1687 1687 230-230 230 Average STEERS - Choice and Prime 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 30 1545-1696 1626 250-252 250.73 Average STEERS - Select 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1125-1320 1248 222.5-243.5 238.29 Average Return to Feed 2 1255-1290 1273 210-220 214.93 Average STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 30 1148-1610 1428 230-240.5 236.52 Average STEERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 18 1010-1192 1142 246.5-252 248.33 Average Return to Feed 1 1380-1380 1380 197-197 197 Average STEERS - Select and Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1825-1830 1828 226-227.5 226.75 Average Heavy Weight
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for May corn is revised to higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 375,360 contracts as of March 24, and were net-buyers of 63,018 contracts during the CFTC reporting period as prices rallied on bullish influence from energy markets due to the ongoing war in the Middle East.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 314,222 contracts as of March 24, and were net-sellers of 58,599 contracts through the CFTC reporting period. The May 2026 contract is priced 11 3/4 cents lower than the July 2026 contract, widening (more carry) through the week, and still among the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Livestock futures started the Thursday session with very limited interest, allowing prices to hold limited gains in cattle futures through early hours of trade, but softness developed in feeder cattle and lean hog trade during late morning trade.

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