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USDA WY,W.NE,SW SD&W.ND Fdr Cattle

USDA WY,W.NE,SW SD&W.ND Fdr Cattle 05/01 11:15 AMS_3237 MARS Wyoming-Nebraska Direct Cattle Report Direct Livestock - Cattle-N/A,OK Livestock Weighted Average Report for 04/27/2026 - Final This Week Last Reported -------------------------------------------------------------------------------- Total Receipts: -------------------------------------------------------------------------------- FEEDER CATTLE(F.O.B.): 3200 445 FEEDER CATTLE(Delivered): 322 REPLACEMENT CATTLE(F.O.B.): 120 -------------------------------------------------------------------------------- Compared to last week, yearling heifers sold 12.00 higher. Demand was good. Drought conditions continue in the reporting regions, and some cattlemen have opted to market there would be grass cattle. Also, the jump in the CME cattle boards has brought an upward trend to the market. More than likely cattle in the drought areas will be hitting direct auctions, video and direct sales in the future. Two commodities they need are grass and water and many pastures have neither right now. Upward spike on feedlot sales this week. Packers were needing cattle and it appears feedlots; market ready cattle are in tight supplies coming into May. June live cattle on the CME continue to trade in the mid 250's and as this writing it was at 255.550. Nebraska feedlots sold live sales 9.00 to 11.00 higher from 255.00 to 257.00 and dressed sales sold 14.00 higher at mostly 400.00. Hitting all time new highs in the slaughter steers and heifers within the state. Supply included: 96.7% Feeder Cattle (28.4% Steers, 71.6% Heifers). 3.3% Replacement Cattle (100% Heifer Pairs). Feeder cattle supply over 600 lbs was 100%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 2-3% shrink or equivalent, with a up to15 cent slide > 600 lbs. -------------------------------------------------------------------------------- FEEDER CATTLE -------------------------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Current 2200 810 810 358.80 358.80 322 825 825 339.50 339.50 STEERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- May 1000 700 700 448.82 448.82 -------------------------------------------------------------------------------- REPLACEMENT CATTLE -------------------------------------------------------------------------------- HEIFER PAIRS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Current 120 1150 1150 5500.00 5500.00
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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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