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USDA Herreid, SD Wtd Averages

USDA Herreid, SD Wtd Averages 02/06 15:55 AMS_2024 MARS Herreid Livestock Market - Herreid, SD Herreid Livestock Market-Herreid,SD Livestock Weighted Average Report for 02/06/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 4060 2604 3165 Compared to last week: steers 600 to 749 lbs 8.00 to 14.00 lower with instances up to 20.00 lower on 650 to 699 lbs, 750 to 799 lbs mostly steady. Heifers not well tested last week for comparison. Good to very good demand for this offering featuring loads and packages of home raised calves and a couple loads of backgrounded calves. More finishing type cattle this week with flesh condition ranging from moderate to heavy. Quality varied with a few more plain to average cattle this week but still many attractive cattle to choose from also. An active market with buyers remaining optimistic despite some volatility in the futures complex the last few days. Warm temperatures expected for the next week. Next feeder cattle sale is Friday, February 13. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 27 1185-1185 1185 279.5-279.5 279.5 50 1202-1202 1202 273.75-273.75 273.75 50 1311-1311 1311 260.5-260.5 260.5 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 363-363 363 590-590 590 38 437-447 442 500-517.5 508.95 10 452-452 452 480-480 480 126 513-547 529 435-480 459.91 59 560-581 568 415-430 420.85 297 621-628 624 411-436 419 243 650-684 671 384-403 392.13 170 705-740 731 349-377 372.07 130 782-794 788 349.5-349.5 349.5 37 853-853 853 342.5-342.5 342.5 Replacement STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 227 1002-1036 1019 335.75-338.5 336.42 28 1222-1222 1222 287-287 287 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 365-386 379 610-615 613.5 27 406-426 416 575-586 582.35 53 471-484 475 525-547.5 540.68 75 509-548 524 490-530 514.73 169 553-595 575 444-490 475.54 334 610-645 626 429-460 447.72 290 652-696 679 412.5-432 423.52 409 700-747 717 390-412.25 406.95 256 751-798 776 361-404.5 388.22 307 802-844 824 361-382.5 375.69 266 859-888 872 367.5-369.75 368.62 68 901-901 901 363-363 363 56 992-992 992 338.5-338.5 338.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 66 886-886 886 338-338 338
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for March corn is sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 18,330 contracts as of Feb. 10 and were net-buyers of 16,368 contracts during the CFTC reporting period as prices have rallied off lows set following the bearish January WASDE report.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 37,338 contracts as of Feb. 10 and were net-sellers of 15,578 contracts through the CFTC reporting period. The March 2026 contract is priced 10 1/4 cents lower than the May 2026 contract, moving wider (more carry) through the week, to the highest degree of carry for the boards since early September. National average corn basis fell 1 cent...

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

With higher cash cattle trading and coming off a three-day weekend, traders are likely to be aggressive buyers of cattle futures. Hog futures may find support after the weakness of last week, as liquidation might have run its course.

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