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USDA Mobridge, SD Fdr Cattle Wtd Avg Report

USDA Mobridge, SD Fdr Cattle Wtd Avg Report 11/12 19:00 AMS_2025 MARS Mobridge Livestock Exchange (Thursday) - Mobridge, SD Mobridge Livestock Exchange-Mobridge,SD Livestock Weighted Average Report for 11/12/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 6676 4114 4346 Compared to last week: steer calves 450 to 499 lbs mostly steady, 500 to 649 lbs 7.00 to 12.00 higher with instances up to 20.00 higher. Heifer calves 450 to 499 lbs and 550 to 599 lbs 10.00 to 20.00 higher, 500 to 549 lbs not well compared. Very good demand for this large offering of calves and one string of yearling steers still coming off grass in light flesh. Many high quality calves to choose from today, all off the cow. Flesh ranged from light to moderate plus with a little fill seen at times. Most calves had a good shot record or at least a full round of fall shots. An active market with a fill house of buyers, farmers, and bull breeders in the seats. This week's rebound on the futures complex has given feeders a little hope and they are wanting to buy these attractive calves while they are available. Many farmers have completed harvest and are ready for calves. Next feeder cattle sale is Thursday, November 19. This is the last feeder cattle sale before Thanksgiving. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 32 312-342 330 545-560 552.75 18 350-357 355 530-550 534.38 220 401-447 436 437.5-472.5 460.14 325 457-497 481 410-460 438.76 156 500-529 515 397.5-410 406.51 193 531-540 536 483-510.5 497.79 Replacement 155 550-584 561 380-415 395.24 24 564-564 564 357.5-357.5 357.5 Full 236 585-593 588 430-466 447.63 Replacement 49 615-622 618 362.5-372 366.21 181 621-623 622 521-521 521 Replacement 9 899-899 899 292.5-292.5 292.5 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 374-374 374 495-495 495 69 498-498 498 397.5-397.5 397.5 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 103 1007-1017 1012 325-325 325 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 328-328 328 640-640 640 125 353-389 381 550-600 584.17 195 400-446 434 535-573 546.02 340 452-495 471 487.5-533 511.1 13 483-483 483 467.5-467.5 467.5 Full 975 503-548 518 457.5-484 474.14 20 575-575 575 397.5-397.5 397.5 Full 1109 553-598 576 420-462 446.83 202 605-606 606 446-449 447.5 Fancy 768 608-641 624 423-441 432.41 247 651-679 668 380-420 400.06 177 707-707 707 410-410 410 Fancy 49 779-779 779 350-350 350 60 898-898 898 348.75-348.75 348.75 120 900-915 908 348.75-348.75 348.75 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 341-341 341 536-536 536 7 378-378 378 530-530 530 52 409-449 428 500-520 508.47 14 472-472 472 425-425 425 56 563-590 579 390-407.5 400.51
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Market Strategies

CORN Strategies Snapshot

TREND: The trend in most active corn futures is considered sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 137,595 contracts as of Nov. 3, net-sellers of 63,677 contracts as traders reduced their net-length from early September by 75% as of the most recent CFTC report.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 137,516 contracts as of Nov. 3, and were net-buyers of 52,161 contracts through the CFTC reporting period. The December 2026 contract is priced 13 1/2 cents lower than the March 2027 contract, weakening (more carry) slightly through the week but in an overall strengthening trend since early August. National average corn basis firmed...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a successful week for the livestock contracts! All three of the livestock markets ended the week Friday afternoon in a better position than what the market opened at on Monday morning -- praise God!

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