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USDA Hub City Livestock Wtd Averages

USDA Hub City Livestock Wtd Averages 11/11 19:00 AMS_2020 MARS Hub City Livestock Auction - Aberdeen, SD Hub City Livestock Auction-Aberdeen,SD Livestock Weighted Average Report for 11/11/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 5559 2157 4596 Compared to last week: best test on yearling steers 1000 to 1049 lbs mostly steady, steer calves not well compared, higher undertones noted on 550 to 599 lbs. Yearling heifers and calves not well compared. A lighter yearling offering than last week featuring a couple of strings and quite a few packages. Good to very good demand for loads of yearlings, moderate to good demand for packages. Quality varied, especially on packages. Overall, less flesh condition on yearlings this week than last week. A much larger calf offering than last week which was met with good demand. Many loads and many, many packages of calves, almost all coming off the cow. Most calves had full preconditioning or had at least a full round of fall shots. Flesh condition ranged from light to moderate plus. There were quite a few calves that had seen some creep feed in today's offering. An active market on yearlings, moderate to active on calves with the market weakening slightly throughout the day. Quite a few farmer feeders in the seats as many have finished harvesting and are ready for calves. Next feeder cattle sale is Wednesday, November 18. This will be the last feeder cattle sale before Thanksgiving. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 1135-1135 1135 280-280 280 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 349-349 349 535-535 535 17 387-392 389 455-495 478.4 77 405-425 412 437.5-462 454.94 163 455-494 473 387.5-440 411.21 258 500-546 528 364-417 387.98 100 538-546 539 457.5-467 465.65 Replacement 208 559-583 574 340-397 375.51 46 556-594 580 400-446 416.3 Replacement 329 600-632 618 365-385 372.24 58 667-667 667 364-364 364 39 724-735 732 327-330 327.68 66 798-798 798 320-320 320 45 853-868 862 310-313 311.84 5 911-911 911 295-295 295 11 950-950 950 301.5-301.5 301.5 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 423-423 423 397.5-397.5 397.5 11 527-527 527 352.5-352.5 352.5 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 187 1004-1044 1030 300.75-317 311.46 397 1054-1078 1070 297.5-302.75 300.21 102 1127-1139 1133 290.5-290.5 290.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 13 330-333 332 510-515 513.47 23 373-396 385 462.5-502.5 484.98 81 414-441 428 490-518 511.31 11 466-466 466 420-420 420 Fleshy 168 450-493 468 455-510 483.5 235 508-539 522 452.5-485 467.18 7 547-547 547 438-438 438 Fleshy 809 551-588 576 423-463 441.68 405 603-648 623 396-436 418.16 744 651-692 668 381.5-417.5 403.87 145 710-738 720 370-388.5 382.46 10 757-757 757 353-353 353 39 805-844 836 339.5-342 339.99 60 961-961 961 310.5-310.5 310.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 442-442 442 465-465 465 28 555-576 573 402.5-408 407.24 23 659-681 670 345-367.5 356.55
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CORN Strategies Snapshot

TREND: The trend in most active corn futures is considered sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 137,595 contracts as of Nov. 3, net-sellers of 63,677 contracts as traders reduced their net-length from early September by 75% as of the most recent CFTC report.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 137,516 contracts as of Nov. 3, and were net-buyers of 52,161 contracts through the CFTC reporting period. The December 2026 contract is priced 13 1/2 cents lower than the March 2027 contract, weakening (more carry) slightly through the week but in an overall strengthening trend since early August. National average corn basis firmed...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a successful week for the livestock contracts! All three of the livestock markets ended the week Friday afternoon in a better position than what the market opened at on Monday morning -- praise God!

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