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USDA IA & S MN Feeder Cattle Summary

USDA IA & S MN Feeder Cattle Summary 02/13 11:50 AMS_2808 MARS Missouri Direct Cattle Report Direct Livestock - Cattle-N/A,OK Livestock Weighted Average Report for 02/09/2026 - Final This Week Last Reported -------------------------------------------------------------------------------- Total Receipts: -------------------------------------------------------------------------------- FEEDER CATTLE(F.O.B.): 386 -------------------------------------------------------------------------------- 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 up to a 15 cent slide >600 lbs and up to a 20 cent slide <600 lbs. -------------------------------------------------------------------------------- FEEDER CATTLE -------------------------------------------------------------------------------- STEERS - Medium and Large 1-2 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Current 268 750 750 376.00 376.00 118 850 850 341.00 341.00
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for March corn is sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 34,698 contracts as of Feb. 3, and were net-sellers of 3,027 contracts during the CFTC reporting period after prices hit technical resistance the previous week.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 52,916 contracts as of Feb. 3, and were net-buyers of 225 contracts through the CFTC reporting period. The March 2026 contract is priced 8 1/2 cents lower than the May 2026 contract, slightly wider (more carry) through the week. National average corn basis firmed 2 cents through the week to 32 cents under the March board.

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Commentary

DTN Ag Host Midday Livestock

DTN Ag Host Midday Livestock

The livestock complex is trading lower into Friday's noon hour as the lean hog market simply doesn't have the support it needs fundamentally or technically and the cattle complex is waiting for cash cattle to trade.

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