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USDA Herreid, SD Wtd Averages

USDA Herreid, SD Wtd Averages 11/21 19:00 AMS_2024 MARS Herreid Livestock Market - Herreid, SD Herreid Livestock Market-Herreid,SD Livestock Weighted Average Report for 11/21/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2575 4892 2211 Compared to last week: best test on steer calves 500 to 649 lbs mostly steady, yearling steers not well tested this week. Best test on heifer calves 450 to 499 lbs 8.00 to 12.00 lower, 550 to 599 lbs mostly steady, yearling heifers 1000 to 1049 lbs 10.00 to 15.00 lower. Good demand for yearling cattle today. Most of the yearling offering was heifers selling in load lots. Flesh condition varied, from moderate to some heavy flesh, a few cattle were still coming off grass. Moderate to good demand for calves today. A couple of loads available but most of the calves sold in packages and off the cow except for one consignment of long time weaned calves. Quality ranged from plain to attractive. Most calves had at least one good round of fall shots and many had a full shot record. A moderate to active market today with most of the normal buyers and a few farmer feeders in the seats. A slightly negative day on the futures complex to finish out the week. Buyers are still trying to navigate this market and decide what these bawling calves are worth making for a slower, more cautious sale pace. No sale next week due to Thanksgiving, next feeder cattle sale is Friday, December 5. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 280 1003-1036 1015 281.75-282.5 282.2 5 1058-1058 1058 281-281 281 62 899-899 899 281-281 281 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 336-339 338 460-480 467.23 7 387-387 387 435-435 435 11 415-415 415 415-415 415 88 453-484 466 405-422 415.62 93 507-531 520 350-380.5 369.51 235 554-580 564 364-394.5 372.73 69 604-621 609 338-350 347.91 203 773-797 787 315.25-324 318.17 20 830-830 830 300-300 300 60 885-885 885 305-305 305 140 908-929 919 290-298.5 294.37 56 987-987 987 290-290 290 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 13 468-468 468 375-375 375 9 554-568 562 330-351 339.2 42 877-877 877 282.5-282.5 282.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 315-318 316 535-545 537.69 12 361-384 371 510-532.5 522.79 30 409-449 430 499-525 508.65 90 454-493 476 445-497.5 462.38 148 506-548 529 429-462.5 439.81 321 553-598 590 398-434 408.49 91 606-642 629 371-401 396.49 70 653-677 659 370-382.5 380.07 8 721-721 721 342-342 342 5 754-754 754 317.5-317.5 317.5 63 889-889 889 328-328 328 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 404-404 404 470-470 470 36 457-489 467 412.5-432.5 426.1 14 524-524 524 365-365 365
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Market Strategies

CORN Strategies Snapshot

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

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 92,353 contracts as of Oct. 7, an increase of 11,046 contracts during the CFTC reporting period as traders had sold ahead of the peak of U.S. corn harvest.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 117,716 contracts as of Oct. 7, the most recent CFTC data. The December 2025 contract is priced 12 cents lower than the March 2026 contract, a spread that narrowed over the week, tying the firmest close since April. DTN's National Corn Index implies a corn basis of 36 cents under the December board, about a penny firmer week over week and the firmest for the...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex was granted some additional support ahead of the Thanksgiving holiday, as most of the contracts closed higher. Some light cash cattle trade developed, but prices held mostly steady with Tuesday's business.

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