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USDA Ft Pierre SD Wtd Av

USDA Ft Pierre SD Wtd Av 05/08 19:00 AMS_2021 MARS Ft. Pierre Livestock Auction (Friday) - Ft. Pierre, SD Ft. Pierre Livestock Auction-Fort Pierre,SD Livestock Weighted Average Report for 05/08/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 6024 7899 6917 Compared to two weeks ago: Feeder steers and heifers unevenly steady. Very good demand for this large offering of feeder cattle and replacement quality heifers. The market was very active on all classes of cattle, whether it was the light fall calves, bigger cattle ready for feedyards, or bangs vaccinated heifers ready to make into replacement heifers, there were plenty of buyers on the seats and on the internet competing heavily. Flesh condition ranged from light hay fed cattle to more moderate flesh cattle that had been fed lightly. There is a lot of optimism in the market currently, as cash fed cattle reached the 260.00 level this week, yet there is also concern as the cattle futures suffered another day of losses. Next feeder cattle sale will be May 22, 2026. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 393-393 393 595-595 595 158 508-546 531 475-511 487.09 335 555-598 583 437.5-486 454.88 133 610-628 614 410-451 442.59 91 668-698 683 379-400 387.67 271 705-746 717 370-385 379.39 271 705-746 717 370-385 379.39 257 765-793 782 361-397 377.79 Replacement 91 757-791 785 364-368 367.28 675 803-845 814 332.5-367 358.58 381 800-845 823 355-384 369.75 Replacement 8 854-854 854 321-321 321 52 880-880 880 370-370 370 Replacement HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 364-364 364 505-505 505 11 477-477 477 435-435 435 24 543-543 543 430-430 430 16 550-581 569 405-405 405 7 644-644 644 380-380 380 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 56 1014-1014 1014 326-326 326 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 455-455 455 598-598 598 37 499-499 499 515-515 515 Full 114 518-535 530 518-529 526.14 174 552-594 568 480-531 513.72 185 603-640 617 442.5-500 475.43 14 671-671 671 436-436 436 226 713-745 731 420-437 430.56 227 763-792 776 373-416 399.99 700 826-845 837 373-386 377.66 61 850-850 850 382-382 382 Thin Fleshed 439 858-898 890 351-376 362.12 268 930-947 940 343-364 362.19 244 956-999 972 326-356 345.76 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 18 394-397 396 512.5-590 551.1 24 513-536 521 502.5-510 504.75 18 560-562 561 475-480 476.39 28 699-699 699 418-418 418 37 729-745 733 390-398 395.8 73 773-793 788 363-376 365.97 12 969-969 969 325-325 325
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 383,537 contracts as of May 12 and were net-sellers of 49,847 contracts during the CFTC reporting period as traders booked profits on length amid renewed peace efforts in the Middle East and few issues for U.S. planting thus far.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 259,956 contracts as of May 12 and were net-buyers of 108,892 contracts through the CFTC reporting period. The July 2026 contract is priced 7 1/2 cents lower than the September 2026 contract, widening (more carry) through the week and to the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex ended the day mixed, with the cattle contracts able to rally mildly through the day's end, while the lean hog contracts continue to struggle. Still no cash cattle trade has developed.

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