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USDA Ft Pierre SD Wtd Av

USDA Ft Pierre SD Wtd Av 11/13 23:00 AMS_2021 MARS Ft. Pierre Livestock Auction (Friday) - Ft. Pierre, SD Ft. Pierre Livestock Auction-Fort Pierre,SD Livestock Weighted Average Report for 11/13/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 9118 6291 7633 Compared to last Friday: steer calves from 400 lbs to 599 lbs and 650 lbs to 699 lbs were generally 15.00 to 20.00 higher, steers from 600 lbs to 649 lbs were 8.00 to 12.00 higher. Heifer calves from 450 lbs to 599 lbs were 15.00 to 20.00 higher. No comparisons on the yearlings due to limited numbers. Good to very good demand for todays active market as cattle feeders are looking to fill available pen space. House full of buyers and sellers with plenty of internet bidders participating in todays auction. Several strings of fancy, reputation calves in todays offering garnered plenty of interest, whether it was for feeder steers or replacement heifers. Many loads lots with plenty of part loads and packages for today sale. Most of the calves were fully vaccinated and right off the cow and attractive for quality. A limited supply of yearlings with most being off grass were in light to moderate flesh condition. Road and pen conditions have improved this past week with just a few cancellations for todays sale. A positive close in the futures market gave buyers a sigh of relief. Next feeder cattle auction is scheduled for November 20, 2026, expecting a large run of high quality cattle. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 31 1003-1003 1003 279-279 279 41 1118-1142 1122 261.5-275 272.65 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 333-333 333 550-550 550 147 367-398 382 487.5-515 500.95 137 413-444 425 437.5-500 477.71 18 457-457 457 502.5-502.5 502.5 Thin Fleshed 575 455-499 474 432.5-495 452.86 115 488-488 488 565-565 565 Replacement 537 507-542 523 377.5-445 429.07 131 520-549 526 441-542 463.18 Replacement 370 550-594 567 376-421 405.42 30 561-597 569 375-375 375 Full 403 555-592 572 425-475 452.47 Replacement 139 606-611 610 397.5-417 411.56 57 613-613 613 427.5-427.5 427.5 Replacement 36 825-825 825 311-311 311 37 878-896 892 292-297 293.06 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 274-274 274 530-530 530 7 409-409 409 435-435 435 19 475-475 475 425-425 425 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 58 356-363 362 568-635 585.6 218 404-448 434 520-570 555.76 464 454-499 477 482.5-542.5 510.31 1480 502-548 520 437.5-505 479.58 1449 550-598 573 414-465 445.96 1800 602-645 621 399-437 420.22 317 650-699 664 378-416 407.96 87 714-714 714 396-396 396 22 758-758 758 333-333 333 65 818-818 818 340-340 340 9 863-863 863 338-338 338 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 338-348 342 540-575 555.25 18 395-395 395 530-530 530 59 435-444 441 490-502.5 494.6 32 463-480 471 330-445 390.06 16 528-528 528 430-430 430 43 556-556 556 425-425 425
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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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