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USDA ND Weekly Auction Summary

USDA ND Weekly Auction Summary 11/03 07:55 AMS_2100 MARS North Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 10/27/2025 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 7446 8428 10083 Compared to last week: Steer and heifer calves 15.00 to 30.00 lower. Good demand for steer and heifer calves, yet there continues to be a lot of pressure on the market coming from the volatility in the futures complex. It seemed the futures contracts had found some stable ground at midweek, but triple digit losses returned by Friday. There is plenty of interest in buying these good light calves, while they are available, yet cattle feeders are very uncertain as to what a realistic breakeven price could be. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 559-559 559 395-395 395 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 1067-1067 1067 285-285 285 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 45 309-333 326 440-550 504.42 127 351-395 381 432-475 454.36 262 402-449 425 400-482.5 447.62 15 432-432 432 435-435 435 Fancy 6 463-463 463 385-385 385 Fleshy 416 453-499 482 382.5-450 423.99 602 505-549 525 375-445 413.37 452 550-597 575 336.5-417 384.59 103 602-641 621 335-382.5 367.22 5 668-668 668 362-362 362 9 789-789 789 341-341 341 5 841-841 841 336-336 336 17 875-875 875 282.5-282.5 282.5 Fleshy 14 866-891 880 320-322 321.16 33 929-949 933 315-332 329.68 76 981-994 986 298-313 303.97 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 319-349 336 435-490 460.24 11 392-392 392 395-395 395 50 411-445 428 380-435 404.68 70 484-484 484 365-365 365 64 520-547 537 345-365 356.47 19 556-594 576 330-353 340.52 9 752-752 752 335-335 335 5 864-864 864 290-290 290 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 1159-1159 1159 311-311 311 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 41 300-348 328 495-620 559.36 121 352-393 385 485-600 562.68 30 402-410 408 580-595 592.05 Thin Fleshed 122 404-449 434 480-570 509.29 571 452-495 476 442-515 486.72 816 501-541 519 440-489 474.98 11 549-549 549 414-414 414 Fleshy 20 557-557 557 451-451 451 Value Added 961 550-598 576 403-464 436.72 199 601-620 605 426-440 435.67 Value Added 8 616-616 616 411-411 411 Fancy 33 602-633 617 403-412 407.52 Fleshy 688 601-649 621 372.5-450 427.92 142 656-687 678 388-415 402.81 47 712-732 725 340-380 371.72 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 385-393 391 500-540 529.25 43 404-444 421 440-475 460.02 73 453-496 465 410-455 443.91 167 502-549 529 395-450 426 34 596-596 596 408-408 408 61 601-646 620 350-412 373.9
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for December corn is revised to sideways.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 51,186 contracts as of September 23, an increase of 15,017 contracts during the CFTC reporting period as traders turned to selling amid technical pressure in the corn market.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 79,646 contracts as of September 23, the most recent CFTC report. The December 2025 contract is priced 12 1/2 cents lower than the March 2026 contract, another 1 1/4 cents firmer this week on thoughts of lower than expected U.S. yields and extremely strong nearby demand. DTN's National Corn Index implies a corn basis of 37 cents under the...

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Commentary

DTN Ag Host Midday Livestock

DTN Ag Host Midday Livestock

The livestock complex is trading mostly lower into midday Wednesday, with not enough fundamental support being noted in the hog complex, and too much fear and anxiety being in the cattle sector. Some light cash cattle trade has developed, but with the boards' downturn, prices could soften.

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