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USDA Mitchell, SD Wtd Averages

USDA Mitchell, SD Wtd Averages 11/13 10:55 AMS_2022 MARS Mitchell Livestock Auction - Mitchell, SD Mitchell Livestock Auction-Mitchell,SD Livestock Weighted Average Report for 11/12/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 756 3231 0 Market not reported in recent weeks, no recent comparisons available. Demand was good. Next week 2000 head of feeders. 500 plus of yearling most right off grass, the rest spring calves. Next auction will be Nov. 19th, expecting 2000 head of feeders, starting at 10:00 am. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 1118-1118 1118 255-255 255 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 431-431 431 475-475 475 15 493-493 493 452.5-452.5 452.5 18 556-590 581 371-397 377.92 13 633-633 633 352-352 352 11 663-663 663 339-339 339 88 857-857 857 305.75-305.75 305.75 48 913-929 917 289.25-291.5 289.82 56 969-969 969 286-286 286 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 699-699 699 301-301 301 6 758-758 758 301-301 301 6 982-982 982 266-266 266 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 1143-1143 1143 282.5-282.5 282.5 57 1189-1189 1189 271.75-271.75 271.75 57 1222-1222 1222 265.35-265.35 265.35 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 255-255 255 660-660 660 6 318-318 318 595-595 595 9 443-443 443 506-506 506 9 473-473 473 495-495 495 14 529-546 541 462.5-467 465.74 14 562-564 563 459-467 462.42 16 601-614 609 385-388 386.89 27 659-659 659 394-394 394 39 716-730 725 356.5-395 370.75 14 860-860 860 323.5-323.5 323.5 17 910-910 910 303.5-303.5 303.5 9 969-969 969 286-286 286 Fleshy 55 996-996 996 312.5-312.5 312.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 13 541-541 541 382.5-382.5 382.5 8 668-668 668 358-358 358
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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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