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USDA Hub City Livestock Wtd Averages

USDA Hub City Livestock Wtd Averages 06/11 15:35 AMS_2020 MARS Hub City Livestock Auction - Aberdeen, SD Hub City Livestock Auction-Aberdeen,SD Livestock Weighted Average Report for 06/11/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2999 6632 0 Compared to last week's large BBQ sale: best test on steers 1000 to 1099 lbs 4.00 to 5.00 higher. Best test on heifers 900 to 949 lbs mostly steady, 950 to 999 lbs 2.00 to 3.00 lower with instances up to 7.00 lower. Very good demand for cattle again this week. Several strings of backgrounded cattle and many packages and quite a few loads of home raised cattle to choose from today. Flesh ranged from light to heavy flesh at times on back grounded cattle. A couple loads of replacement heifers available which are easy to find homes for. Quality varied, but many attractive cattle to choose from again this week. An active market with a few less buyers than last week but still plenty of interest in owning cattle. Watch local listings for the next feeder cattle sale. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 428-428 428 385-385 385 61 486-497 490 370-372 370.84 21 501-530 514 371-400 379.6 28 554-554 554 384-384 384 Thin Fleshed 146 587-599 590 347-364 355.33 20 607-608 608 363.5-372.5 370.25 5 666-666 666 330-330 330 59 704-749 728 295-317 306.06 55 757-792 772 310-312 310.89 12 830-830 830 314-314 314 Replacement 81 817-849 845 282-300 290.12 147 906-943 913 2670-2710 2677.87 Replacement 258 928-947 939 274-292.5 291.71 279 964-988 978 271-276.5 271.99 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 21 601-623 617 343-348 344.39 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 432 1013-1046 1033 283-286.25 284.7 241 1050-1096 1075 275.25-286.25 280.47 50 1102-1102 1102 275.75-275.75 275.75 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 74 474-494 487 395-417.5 401.02 19 536-536 536 392-392 392 18 578-578 578 382.5-382.5 382.5 108 616-637 620 371-385 381.94 12 667-667 667 390-390 390 16 693-693 693 320-320 320 Unweaned 38 714-744 729 338-350 342.2 37 763-781 774 336-346 341.15 11 801-801 801 331-331 331 5 860-860 860 291-291 291 255 962-977 968 294.5-294.5 294.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 431-431 431 412.5-412.5 412.5 7 649-649 649 357-357 357 20 780-780 780 315-315 315
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CORN Strategies Snapshot

TREND: The trend for July corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 95,494 contracts as of June 10, an increase of 14,435 contracts as solid crop conditions and friendly weather kept sellers active during the CFTC reporting period.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 114,551 contracts as of June 10, an increase of 9,826 contracts, week-over-week. The July 2025 contract is priced 16 cents higher than the September 2025 contract, a spread that strengthened significantly over the past week. DTN's National Cash Index indicated that corn basis firmed over the most recent week to 22 cents under the July board, an improvement of 1 cent on the...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Tuesday's market ended up being a swing and a miss for the livestock complex, as all three markets rounded out the day lower. Traders are continuing to stress over the idea that the markets are overbought and that it may be time for a correction.

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