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USDA Napoleon, ND Wtd Averages

USDA Napoleon, ND Wtd Averages 09/17 13:20 AMS_2098 MARS Napoleon Livestock Auction - Napoleon, ND Napoleon Livestock Auction-Napoleon,ND Livestock Weighted Average Report for 09/17/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 895 1946 1211 First reported sale of the fall market season, no recent price comparison available. Good buyer demand for yearling steers and heifers. Flesh condition light to moderate. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 668-668 668 350-350 350 14 752-752 752 331-331 331 53 814-844 833 310-323 317.11 43 955-984 965 288.5-299.5 296.98 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 76 744-744 744 362-362 362 64 752-752 752 359-366 359.88 142 834-847 840 351-353.5 352.26 140 862-878 870 344.5-351 347.67 305 900-940 918 335-345.5 341.2 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 632-632 632 360-360 360 9 822-822 822 320-320 320
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Market Strategies

CORN Strategies Snapshot

TREND: The trend in most active corn futures is revised to higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 542,999 contracts as of Sept. 8, closing in on the all-time record of 547,677 contracts set in late January of 2021. Traders were net-buyers of 6,256 contracts as bullish momentum picked up on lower U.S. yield forecasts as well as Black Sea grain supplies being cut off by recent attacks against shipping infrastructure.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 470,605 contracts as of Sept. 8 and were net-buyers of 6,216 contracts through the CFTC reporting period. The December 2026 contract is priced 15 cents lower than the March 2027...

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Cattle futures were under substantial pressure on Thursday as traders would rather liquidate positions ahead of the Cattle on Feed report than take a chance on it. Frankly, hog futures held well despite cash and cutout weakness.

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