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USDA Mobridge, SD Fdr Cattle Wtd Avg Report

USDA Mobridge, SD Fdr Cattle Wtd Avg Report 03/26 14:45 AMS_2025 MARS Mobridge Livestock Exchange (Thursday) - Mobridge, SD Mobridge Livestock Exchange-Mobridge,SD Livestock Weighted Average Report for 03/26/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1575 4144 0 First reported feeder cattle sale in recent weeks so an accurate price trend is not available. A nice offering of feeder cattle today featuring a handful of loads and many packages. Very good demand for light fleshed backgrounding or grass type cattle and replacement heifers, good to very good demand for finishing type cattle depending on flesh condition. Quality varied, especially on packages, as producers clean out pens to prepare for the next calf crop. Flesh ranged from light to some heavy flesh at times. An active market with mostly order buyers in the seats, many producers are busy calving. 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 18 388-388 388 555-555 555 10 413-413 413 502.5-502.5 502.5 60 453-468 464 500-505 503.53 8 520-520 520 460-460 460 51 551-570 565 422.5-441 438.19 117 601-649 641 395-415 402.35 36 660-671 669 385-395 393.36 139 712-738 723 370-383 375.59 77 781-797 782 364-365 364.08 Replacement 45 797-797 797 352-352 352 28 804-817 814 359-365.5 363.89 Replacement 20 816-816 816 334-334 334 38 890-890 890 386-386 386 Replacement HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 393-393 393 502.5-502.5 502.5 37 477-479 478 460-465 461.75 30 555-579 565 402.5-415 409.52 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 377-377 377 600-600 600 15 408-418 413 585-595 590.27 38 473-491 479 505-530 523.4 5 592-592 592 450-450 450 18 602-628 615 452.5-458 455.31 24 684-684 684 418-418 418 96 714-741 717 384-412.75 409.04 76 765-765 765 380-380 380 Fleshy 137 826-844 837 347-360.5 358.15 63 885-885 885 342-342 342 Fleshy 64 905-905 905 334-334 334 Fleshy 62 935-935 935 347-347 347 56 979-979 979 325.5-325.5 325.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 22 515-515 515 477.5-477.5 477.5 18 590-590 590 435-435 435
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CORN Strategies Snapshot

TREND: The trend for May corn is revised to higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 375,360 contracts as of March 24, and were net-buyers of 63,018 contracts during the CFTC reporting period as prices rallied on bullish influence from energy markets due to the ongoing war in the Middle East.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 314,222 contracts as of March 24, and were net-sellers of 58,599 contracts through the CFTC reporting period. The May 2026 contract is priced 11 3/4 cents lower than the July 2026 contract, widening (more carry) through the week, and still among the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Livestock futures started the Thursday session with very limited interest, allowing prices to hold limited gains in cattle futures through early hours of trade, but softness developed in feeder cattle and lean hog trade during late morning trade.

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