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USDA ND Weekly Auction Summary

USDA ND Weekly Auction Summary 11/13 10:40 AMS_2100 MARS North Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 11/09/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 10305 7872 14416 Compared to last week: Steer calves 15.00 to 20.00 higher, instances to 30.00 higher. Heifer calves 10.00 to 20.00 higher, instances of 30.00 to 40.00 higher. Very good demand for steer and heifer calves as the CME cattle complex turned around from it's dramatic declines last week and posted good gains. Cattle feeders were willing to get back in the market and battle it out to get the good, light weight calves they need. Drier weather in feeding country helped to get feed yard pens back in shape and make it easier to care for these newly arriving fresh weaned calves. Cash fed cattle continue to disappoint as reports of 210.00 in Iowa surfaced at midweek. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BEEF/DAIRY STEERS - Large 3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 504-509 506 220-245 234.94 BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 523-523 523 225-225 225 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 42 1003-1048 1016 273-312 291.25 17 1050-1091 1062 265-287.5 280.7 6 1112-1112 1112 250-250 250 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 29 308-337 314 392.5-545 475.48 113 354-389 372 450-512.5 472.46 196 407-448 427 403-470 445.77 412 451-497 474 390-440.5 417.7 7 517-517 517 423-423 423 Fancy 542 500-545 522 350-418 389.97 72 503-531 526 404-435 429.65 Replacement 246 563-584 572 386-439.5 415.72 Replacement 402 555-599 578 330-377.5 364 323 602-647 618 323-367.5 355.23 22 625-625 625 370-370 370 Replacement 31 655-672 664 335-336 335.48 95 671-671 671 381.5-381.5 381.5 Replacement 88 705-745 740 315-350 345.83 51 764-793 776 310-328 323.38 33 813-847 836 305-340 325.65 94 861-877 867 315-338 328.82 5 961-961 961 307.5-307.5 307.5 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 346-346 346 460-460 460 23 408-418 415 397.5-410 406.8 22 454-488 473 382.5-387.5 385.14 20 519-538 529 310-347.5 331.95 8 802-802 802 290-290 290 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 128 1000-1046 1020 303.5-309.5 305.52 STEERS - Medium 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 21 528-528 528 435-435 435 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 23 306-349 339 542-645 596.07 88 358-395 382 510-600 554.31 267 401-448 421 475-567.5 531.48 546 450-492 469 440-526 495 7 478-478 478 512.5-512.5 512.5 Fancy 20 510-510 510 490-490 490 Fancy 868 502-549 526 410-490 455.79 1161 551-599 573 387.5-451 426.16 1352 600-649 626 367.5-423 405.4 672 653-691 672 336-405 380.51 204 712-745 719 340-378.5 372.44 92 753-781 764 344-353.5 349.7 65 815-847 822 335-344 341.12 91 856-896 875 325-333 329.53 108 971-989 980 313.5-313.5 313.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 340-340 340 535-535 535 15 393-395 394 482.5-505 489.97 87 470-493 484 375-445 430.37 32 512-546 529 360-405 398.02 30 586-596 592 378-384 379.59 38 620-648 626 355-364 361.14 20 666-668 667 340-350 343.49 13 753-758 757 339-339 339
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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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