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

USDA WY,W.NE,SW SD&W.ND Fdr Cattle 09/18 11:25 AMS_3237 MARS Wyoming-Nebraska Direct Cattle Report Direct Livestock - Cattle-N/A,OK Livestock Weighted Average Report for 09/14/2026 - Final This Week Last Reported -------------------------------------------------------------------------------- Total Receipts: -------------------------------------------------------------------------------- FEEDER CATTLE(Delivered): 188 N/A(): N/A(): 352 -------------------------------------------------------------------------------- No comparable cattle for a market trend. Demand was moderate, instances good. But, prospective buyers are having a hard time getting cattle priced at a place where they think they can be in the black when they leave the feedlot finished. Backgrounders and feedlots in full swing of fall harvest with sileage chopping and starting on high moisture corn, especially in Nebraska. Several contacts have chopped more sileage than normal due to the high cost of baled hay. Spotty rain showers in both regions with a lot of dense fog in the Cornhusker state throughout the last seven days. Feedlot trade is steady for the most part on the dressed sales at 350.00. With live sales steady to 1.00 lower from 222.00 to 223.00. Supply included: 100% Feeder Cattle (100% Steers). 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 12-15 cent slide > 600 lbs. -------------------------------------------------------------------------------- FEEDER CATTLE -------------------------------------------------------------------------------- STEERS - Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Current 120 1025 1025 317.75 317.75 STEERS - Medium and Large 1-2 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Current 68 787 787 334.00 334.00
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Market Strategies

CORN Strategies Snapshot

TREND: The trend in most active corn futures is revised to higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 542,999 contracts as of Sept. 8, closing in on the all-time record of 547,677 contracts set in late January of 2021. Traders were net-buyers of 6,256 contracts as bullish momentum picked up on lower U.S. yield forecasts as well as Black Sea grain supplies being cut off by recent attacks against shipping infrastructure.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 470,605 contracts as of Sept. 8 and were net-buyers of 6,216 contracts through the CFTC reporting period. The December 2026 contract is priced 15 cents lower than the March 2027...

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Commentary

DTN AgHost Midday Livestock Comments

DTN AgHost Midday Livestock Comments

Livestock futures have remained generally quiet early Friday morning, with increased focus on the afternoon release of the cattle on feed report. Although limited additional cash market activity is expected to be seen until late afternoon, the early movement of steady price levels from last week's levels may set the overall trend of the market for the week.

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