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USDA Herreid, SD Wtd Averages

USDA Herreid, SD Wtd Averages 05/15 22:00 AMS_2024 MARS Herreid Livestock Market - Herreid, SD Herreid Livestock Market-Herreid,SD Livestock Weighted Average Report for 05/15/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 8063 2079 8789 No feeder cattle last week, compared to two weeks ago: best test on steers 900 to 949 lbs mostly steady, 1000 to 1049 lbs steady to 4.00 lower. Best test on heifers 700 to 749 lbs steady to 3.00 lower. A big run of feeder cattle for today's annual BBQ sale. Many strings, loads, and packages on offer, including fall calves and replacement heifers. Very good demand for lighter cattle to background and heifers to breed, good to very good demand for finishing types. Flesh condition ranged from moderate to heavy. An active market with a nice crowd of buyers in the seats competing for cattle. Many opportunities to buy multiple loads of uniform cattle to fill pens which buyers took advantage of often. A good chance of rain this weekend which is much needed. No sale next week due to Memorial Day, watch local listings for the next feeder cattle sale. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 226 1003-1020 1014 312-329.85 320.8 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 367-367 367 540-540 540 24 406-431 413 540-554 544.26 33 466-478 470 515-520 518.15 15 480-480 480 505-505 505 Unweaned 65 515-515 515 505-505 505 82 553-570 564 455-477.5 465.71 76 588-588 588 451-451 451 Unweaned 92 590-590 590 443-443 443 Fleshy 182 607-637 614 426-455 447.26 74 647-649 648 404-414 410.92 Fleshy 89 651-664 654 407-419.5 417.89 334 704-742 729 375-398.5 385.52 20 735-735 735 367-367 367 Unweaned 366 751-799 778 354-378.5 367.73 273 800-842 816 340-359.5 348.02 151 831-844 838 381-385.5 382.95 Replacement 545 850-896 879 333.25-344.5 340.49 147 908-932 928 326-340.25 338.17 423 953-994 970 325.75-331.5 329.55 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 544-544 544 442.5-442.5 442.5 26 807-807 807 338.5-338.5 338.5 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 972 1008-1038 1022 334.75-340.5 337.36 111 1102-1122 1112 314-314 314 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 24 420-427 423 602.5-612.5 607.88 16 477-477 477 545-545 545 Unweaned 45 490-490 490 579-579 579 60 511-530 514 544-548.5 547.65 66 558-582 567 475-502.5 489.16 44 569-569 569 525-525 525 Fancy 144 611-631 613 475-494 491.72 64 619-619 619 460-460 460 Unweaned 97 668-693 674 420-448 442.53 180 701-740 708 405-439 425.47 16 741-741 741 399-399 399 Unweaned 91 752-794 768 389.5-416 404.29 43 791-791 791 383.5-383.5 383.5 Fleshy 183 805-846 821 375.25-382 380.04 473 850-898 881 353.5-377.75 367.45 738 905-944 932 349.5-361.5 354.87 843 951-995 969 335.5-359.25 352.45 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 19 646-646 646 422-422 422 75 795-795 795 377-377 377
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 383,537 contracts as of May 12 and were net-sellers of 49,847 contracts during the CFTC reporting period as traders booked profits on length amid renewed peace efforts in the Middle East and few issues for U.S. planting thus far.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 259,956 contracts as of May 12 and were net-buyers of 108,892 contracts through the CFTC reporting period. The July 2026 contract is priced 7 1/2 cents lower than the September 2026 contract, widening (more carry) through the week and to the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex ended the day mixed, with the cattle contracts able to rally mildly through the day's end, while the lean hog contracts continue to struggle. Still no cash cattle trade has developed.

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