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USDA Mandan, ND Wtd Averages

USDA Mandan, ND Wtd Averages 01/28 17:00 AMS_2097 MARS Kist Livestock Auction - Mandan, ND Kist Livestock Auction-Mandan,ND Livestock Weighted Average Report for 01/28/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1539 2175 3369 Compared to last week feeder steers 650 to 750 lbs. were 15.00 higher and feeder heifers 550 to 650 lbs. were 2.00 to 8.00 higher. Other weights not well tested for a comparison this week. A few load lots and many nice strings of feeders in today's offering, Very good buyer demand for today's offering. Most feeders in light to moderate plus flesh condition. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 1068-1068 1068 277.5-277.5 277.5 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 17 426-448 432 502.5-511 506.83 9 478-478 478 461-461 461 42 501-547 519 435-485 462.07 146 556-592 577 410-440 428.73 5 604-604 604 345-345 345 Fleshy 33 633-633 633 456-456 456 Fancy 166 614-647 634 382-428 420.09 54 654-665 656 387-408 401.5 55 719-719 719 384-384 384 Replacement 89 713-733 725 370-375 371.89 12 753-753 753 325-325 325 Fleshy 25 818-818 818 345-345 345 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 590-590 590 375-375 375 5 649-649 649 352.5-352.5 352.5 6 691-691 691 355-355 355 7 798-798 798 295-295 295 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 429-429 429 510-510 510 39 520-535 530 470-485 476.24 20 555-562 559 505-510 507.48 Fancy 6 591-591 591 456-456 456 86 611-631 617 423-455 449.96 249 653-681 666 407.5-448 434.77 148 725-747 732 375-409 402.21 12 765-765 765 372.5-372.5 372.5 6 804-804 804 365-365 365 84 889-896 890 324-349.5 346.44
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Market Strategies

CORN Strategies Snapshot

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

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 51,704 contracts as of Jan. 20 and were net-sellers of 18,281 contracts during the CFTC reporting period following a bearish surprise in the Crop Production and WASDE reports released by USDA on Jan. 12.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 68,044 contracts as of Jan. 20 and were net-buyers of 19,121 contracts through the CFTC reporting period. The March 2026 contract is priced 7 3/4 cents lower than the May 2026 contract, mostly steady through the week. National average corn basis firmed a penny through the week to 35 cents under the March board.

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Cattle futures are finding sufficient support to push higher on the anticipation of higher cash trade. Feeder cattle led the charge, pushing through resistance. Hogs ran out of steam, correcting for the overbought status.

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