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USDA Mitchell, SD Wtd Averages

USDA Mitchell, SD Wtd Averages 08/28 12:20 AMS_2022 MARS Mitchell Livestock Auction - Mitchell, SD Mitchell Livestock Auction-Mitchell,SD Livestock Weighted Average Report for 08/28/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 752 2657 1630 Compared to two weeks ago: Trend not applicable, no good comparisons for same weights on steers or heifers. Demand was good. Mostly large load lots on heavy heifers today. Next feeder cattle auction will be Sept. 4th, starting at 10:00 am. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 629-629 629 374-374 374 14 735-735 735 359-359 359 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 1001-1046 1022 296-316 306.59 5 1064-1064 1064 317-317 317 10 1065-1065 1065 276-276 276 Fleshy 15 1112-1112 1112 267.5-267.5 267.5 Fleshy 44 1203-1210 1207 260-274 268.61 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 19 693-693 693 367-367 367 7 708-708 708 367.5-367.5 367.5 Thin Fleshed 10 784-784 784 342-342 342 20 814-819 815 337-355 341.52 129 865-870 866 323-324 323.15 Fleshy 207 877-896 882 324.5-344 327.15 7 914-930 921 313-332.5 321.44 25 939-939 939 312-312 312 Fleshy 69 982-996 986 290.5-312 295.16 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 724-724 724 332.5-332.5 332.5 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 17 1063-1063 1063 303-303 303 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 705-705 705 385-385 385 9 754-798 774 365-367.5 366.35 39 822-836 830 357-362 359.73 22 940-940 940 345.5-345.5 345.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 701-701 701 376-376 376 5 840-840 840 327.5-327.5 327.5 8 978-981 980 300-306 303
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for December corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 70,940 contracts as of August 26, a decrease of 34,270 contracts as speculators have turned to short covering amid a shift to drier weather through August for the southern and eastern Corn Belt.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 93,769 contracts as of August 26, a decrease of 30,186 contracts week over week. The December 2025 contract is priced 17 1/2 cents lower than the March 2026 contract, a spread that held even on the week but is indicative of overall comfortable supplies expected for new crop corn.

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Livestock futures ended mixed Tuesday with limited late-day pressure developing in cattle futures, offsetting early-day gains. Narrow losses in spot month October live cattle futures pulled price levels below the $240 per cwt level seen during early trade activity and caused some traders to wonder if early September could see some additional softness across the cattle market.

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