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USDA SD Direct Feeder Cattle

USDA SD Direct Feeder Cattle 08/07 11:05 AMS_3184 MARS South Dakota Direct Cattle Report Direct Livestock - Cattle-N/A,OK Livestock Weighted Average Report for 08/03/2026 - Final This Week Last Reported -------------------------------------------------------------------------------- Total Receipts: -------------------------------------------------------------------------------- FEEDER CATTLE(F.O.B.): 300 -------------------------------------------------------------------------------- Compared to last week: Not enough current FOB trades to establish a trend. Demand good. Supply included: 100% Feeder Cattle (50% Steers, 50% Heifers). Feeder cattle supply over 600 lbs was 50%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 2% shrink or equivalent, with a 16 cent slide > 600 lbs. and 18 cent slide < 600 lbs. -------------------------------------------------------------------------------- FEEDER CATTLE -------------------------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Oct 150 575 575 430.00 430.00 Unweaned STEERS - Medium and Large 1 (Per Cwt/Estimate) Delivery Head Wt Range Avg Wt Price Range Avg Price -------- ---- -------- ------ ------------- --------- Oct 150 600 600 450.00 450.00 Unweaned
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Market Strategies

CORN Strategies Snapshot

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

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 255,068 contracts as of Aug. 4, and were net-buyers of 748 contracts during the CFTC reporting period as traders continued to hold a bullish price outlook for late summer with conditions across the U.S. Corn Belt turning hot and dry through the second half of July.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 208,345 contracts as of Aug. 4, and were net-sellers of 4,414 contracts through the CFTC reporting period. The September 2026 contract is priced 23 cents lower than the December 2026 contract, steady through the week but still among the...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex ended the day mixed, with the cattle contracts able to end the day mostly higher, but only the lean hog nearby contracts ended the day stronger. Some light cleanup trade was noted throughout the day in the cash market, but prices held steady with the week's weighted average.

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