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USDA Mitchell, SD Wtd Averages

USDA Mitchell, SD Wtd Averages 08/07 11:55 AMS_2022 MARS Mitchell Livestock Auction - Mitchell, SD Mitchell Livestock Auction-Mitchell,SD Livestock Weighted Average Report for 08/07/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 796 1842 1398 Compared to two weeks ago: Feeder steers 15.00 to 25.00 higher, heifers 10.00 to 14.00 higher. Very good demand for this lighter offering of yearling steers and heifers. The majority of the offering was in full load lots, including multiple load lots. The market was very active as there were many buyers on the seats ready to buy these highly desirable cattle. The feature consignment of nearly 400 steers was in a very attractive, light to moderate flesh condition, other consignments ranged from moderate plus to heavy flesh. As the cash fed cattle market continues it's advance, cattle feeders are extremely bullish and willing to chase the market a long ways to get the yearlings bought that they need. Next feeder cattle sale, Aug 14, 2025, expecting 3,500 feeders and starting at 10:00 am. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 1008-1008 1008 285-285 285 18 1127-1127 1127 268-268 268 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 110 1010-1037 1022 249-256 255.29 Fleshy 15 684-684 684 348-348 348 7 799-799 799 317-317 317 20 904-904 904 304-304 304 96 938-938 938 291.5-291.5 291.5 Fleshy 56 962-962 962 296.85-296.85 296.85 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 19 912-912 912 287-287 287 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 133 1023-1039 1031 310.25-313.75 311.97 236 1126-1136 1134 312-313.5 313.13 STEERS - Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 1172-1172 1172 268.5-268.5 268.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 789-789 789 352-352 352 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 997-997 997 288-288 288
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for September corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 107,968 contracts as of Aug. 5, a decrease of 25,499 contracts as speculators took profits on short positions built up through the summer thus far.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 147,872 contracts as of Aug. 5, a decrease of 16,025 contracts, week-over-week. The September 2025 contract is priced 22 3/4 cents lower than the December 2025 contract, a spread that widened again through the most recent week, indicating a comfortable level of old-crop supplies. DTN's National Cash Index indicated that corn basis faded 2 cents over the most recent week to 17...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Although the cattle complex wasn't gifted an easy day where the contracts just traded higher from the day's start, the market ended up having a fruitful day as the positive development in the cash cattle market helped entice trader's into supporting the contracts.

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