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USDA ND Weekly Auction Summary

USDA ND Weekly Auction Summary 11/24 07:15 AMS_2100 MARS North Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 11/17/2025 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 13861 14416 7843 Compared to last week: Steer calves 10.00 to 30.00 lower, heifer calves 10.00 to 20.00 lower. Moderate to good demand for both steer and heifer calves. The wild moves in the cattle futures complex is making it very difficult for cattle producers to make any marketing decisions. Cattle feeders faced much lower packer bids this week, sales reported down to the 210.00 level, which is causing them the rethink their approach to entering the feeder cattle market. The optimism that was rampant throughout the entire industry has now been replaced by fear as there is so much uncertainty in the market. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 331-331 331 470-470 470 33 456-481 462 410-445 432.81 7 646-646 646 330-330 330 7 699-699 699 275-275 275 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 213-213 213 470-470 470 4 326-326 326 1650-1650 1650 69 306-349 335 400-510 470.94 214 351-398 382 430-490 460.79 278 405-449 434 380-447.5 432.87 14 458-458 458 425-425 425 Fancy 605 450-497 475 380-428 409.1 65 519-519 519 427-427 427 Replacement 925 502-549 522 355-422 392.14 598 550-597 575 345-405 368.69 45 583-583 583 423-423 423 Fancy 339 603-644 625 317.5-362 350.17 103 638-647 644 358-415 391.93 Replacement 78 650-697 660 319-345 325.1 16 682-682 682 322-322 322 Fleshy 25 708-731 717 305-315 310.92 22 818-841 834 317.5-320 318.28 9 913-913 913 307-307 307 25 968-997 984 280-297.5 287.98 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 17 362-398 383 380-420 400.15 81 413-447 429 350-430 389.59 95 459-499 481 330-370 360.24 161 509-547 528 325-375 352.5 170 563-599 580 257.5-360 328.63 12 788-788 788 277.5-277.5 277.5 Spayed HEIFERS - Medium and Large 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 386-386 386 410-410 410 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 24 1062-1062 1062 294-294 294 13 1147-1148 1147 250-250 250 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 277-284 279 530-550 543.22 36 314-346 330 500-600 544.98 112 353-395 380 520-597.5 576.78 212 400-447 430 467.5-570 506.03 123 458-464 462 485-486 485.75 Fancy 746 453-497 475 437.5-524 481.91 1015 500-549 529 405-476 438.06 66 563-563 563 446-446 446 Fancy 1495 550-597 574 390-451 422.06 1203 601-648 627 364-422 399.03 16 645-645 645 402-402 402 Fancy 814 650-697 674 357-410 387.92 62 660-687 683 335-362.5 337.14 Fleshy 276 701-745 721 344-385 373.16 61 755-787 765 335-366 350.2 124 818-824 821 313-313 313 16 902-941 926 315-316 315.63 4 998-998 998 295-295 295 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 375-393 385 465-500 473.86 7 438-438 438 430-430 430 61 461-493 470 420-440 426.64 160 524-548 542 375-407.5 392.28 54 552-592 579 367-392.5 376.08 47 600-640 622 350-375 362.71 19 659-676 664 325-367 353.5 5 712-712 712 340-340 340 18 933-933 933 280-280 280
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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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