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USDA Sheldon, IA Weighted Average

USDA Sheldon, IA Weighted Average 04/30 15:25 AMS_2154 MARS Sheldon Livestock Slaughter Cattle - Sheldon, IA Sheldon Livestock Auction-Sheldon,IA Livestock Weighted Average Report for 04/30/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 628 255 0 Compared to the sale TWO weeks ago: Choice slaughter steers 10.00-12.00 higher. Choice slaughter heifers 9.00-10.00 higher. The auction consisted of two loads, half loads and plenty of smaller strings. Good demand on this large offering of quality cattle. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1505-1551 1542 243.5-246 245.51 Average BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 1550-1755 1671 247-252.5 250.52 Average BEEF/DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1250-1775 1618 241-244 243.13 Average DAIRY HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1578-1578 1578 225-225 225 Average DAIRY HEIFERS - Select and Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 29 1566-1686 1624 212-216 214.27 Average DAIRY STEERS - Choice 3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 12 1482-1780 1594 225-231 227.6 Average DAIRY STEERS - Select and Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1274-1410 1301 235-246 243.62 Average Return to Feed 27 1543-1793 1717 218-222 219.55 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 14 1195-1408 1334 256-261 260.13 Average Certified Prgms 162 1315-1533 1439 258.75-263.5 260.82 Average 10 1614-1635 1619 257-260.5 259.74 Average Heavy Weight HEIFERS - Select and Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 1095-1222 1190 255-265.5 263.04 Average Return to Feed 56 1238-1551 1398 253-257.5 255.78 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 16 1328-1499 1386 258-261 258.9 Average Certified Prgms 39 1395-1477 1450 256-261 258.82 Average STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 26 1510-1594 1552 258-262.5 260.26 Average 69 1610-1760 1673 255-260 258.93 Average Heavy Weight 8 1693-1693 1693 263-263 263 Average Certified Prgms STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 8 1168-1336 1284 264-277 267.45 Average Return to Feed 20 1255-1492 1388 250-262 252.01 Average Certified Prgms 21 1215-1488 1433 254-254.5 254.32 Average STEERS - Select and Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 1540-1560 1550 253-255 254.01 Average 16 1742-1742 1742 253-253 253 Average Heavy Weight
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 383,537 contracts as of May 12 and were net-sellers of 49,847 contracts during the CFTC reporting period as traders booked profits on length amid renewed peace efforts in the Middle East and few issues for U.S. planting thus far.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 259,956 contracts as of May 12 and were net-buyers of 108,892 contracts through the CFTC reporting period. The July 2026 contract is priced 7 1/2 cents lower than the September 2026 contract, widening (more carry) through the week and to the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex ended the day mixed, with the cattle contracts able to rally mildly through the day's end, while the lean hog contracts continue to struggle. Still no cash cattle trade has developed.

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