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USDA Hub City Livestock Wtd Averages

USDA Hub City Livestock Wtd Averages 06/03 17:20 AMS_2020 MARS Hub City Livestock Auction - Aberdeen, SD Hub City Livestock Auction-Aberdeen,SD Livestock Weighted Average Report for 06/03/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 5427 2756 6632 Compared to last week: best test on steers 900 to 1049 lbs unevenly steady. Heifers not well compared. A large offering of mostly finishing type cattle today selling in strings and loads and met with good to very good demand. Most of these cattle were average to attractive in quality, flesh ranged from moderate to heavy. A few packages offered including some light grass or backgrounding type cattle, quality on these cattle was more plain to average, and flesh condition light to moderate plus. These light cattle are easy to sell as there is such a limited number of them available this time of year. An active market with buyers willing to take multiple loads of same cut cattle at times. More uncertainty in the futures complex so far this week. Next feeder cattle sale is Wednesday, June 10. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 174 1053-1066 1058 285.5-285.5 285.5 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 49 520-528 526 452-452.5 452.12 122 609-639 622 404-430 419.28 26 671-686 676 371.5-386 380.91 127 772-789 786 333-343.5 337.48 110 815-830 825 333-340.5 337.8 64 872-872 872 312-312 312 Fleshy 263 851-894 881 325-339.5 329.75 453 903-948 928 307-328.5 316.24 328 950-965 957 312.5-318 316.6 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 27 415-415 415 425-425 425 Thin Fleshed STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 176 1019-1043 1028 314-328 322.76 117 1050-1058 1054 310-314 311.98 37 1115-1142 1135 292-293.25 292.92 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 13 471-471 471 505-505 505 Unweaned 6 665-665 665 432-432 432 31 751-771 758 400-414.5 409.27 95 840-846 844 350-369 362.43 36 853-854 853 363-374.5 368.43 108 878-899 893 345-347.25 345.94 Fleshy 778 906-948 930 332-357.5 341.2 1472 953-982 965 325.25-340.25 334.38 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 55 469-469 469 490-490 490 Thin Fleshed STEERS - Medium and Large 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 340-340 340 480-480 480 Thin Fleshed
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is downgraded to sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 199,942 contracts as of June 2 and were net-sellers of 102,060 contracts during the CFTC reporting period as traders rapidly moved to secure profits on long positions amid a good start to the U.S. growing season in terms of weather.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 111,394 contracts as of June 2 and were net-buyers of 120,125 contracts through the CFTC reporting period. The July 2026 contract is priced 9 1/4 cents lower than the September 2026 contract, still among the highest degree of carry between the two contracts through their...

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Commentary

DTN Closing Livestock Comments

Weaker Tones Follow Livestock Complex through Monday's Close

Without greater fundamental support having developed throughout the day, traders kept the livestock contracts trading lower through Monday's end.

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