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USDA South Dakota Weekly Auction Summary

USDA South Dakota Weekly Auction Summary 03/30 08:35 AMS_2027 MARS South Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 03/23/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 26617 10396 26878 SLAUGHTER CATTLE 1206 411 1040 Compared to last week: Feeder steers and heifers 2.00 to 7.00 higher, instances of 10.00 to 12.00 higher. Very good demand for all weights of steers and heifers. CME Feeder Cattle futures found some support this week and traded higher, which helped to propel the cash feeder cattle market higher. Cash fed cattle at 235.00 this week, leaving many outgoing fed cattle losing some money but in spite of this feeder cattle market still worked it's way higher. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 1225-1225 1225 235-235 235 BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 68 574-574 574 485-485 485 7 730-730 730 350-350 350 25 761-761 761 347.5-347.5 347.5 BULLS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 661-661 661 385-385 385 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 153 1008-1017 1016 277-290 288.99 12 1053-1059 1056 268-271 269.5 8 1229-1229 1229 238.5-238.5 238.5 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 342-342 342 560-560 560 27 351-388 376 515-555 542.54 119 413-448 425 495-540 521.55 163 453-498 468 470-512.5 489.94 26 500-500 500 498-498 498 Thin Fleshed 492 501-549 524 425-484 458.17 515 551-599 580 400-465 434.51 869 600-649 630 375-424 410.31 723 650-698 675 362.5-405.5 389.45 147 702-725 715 393.5-400 396.28 Replacement 1347 700-749 724 342.5-400 378.65 330 708-747 738 2900-3150 3077.16 Replacement 984 752-797 774 331.5-383.5 355.7 127 773-784 780 2875-2975 2950.03 Replacement 445 781-797 786 364-416 401.55 Replacement 1139 802-849 823 313-355 335.59 616 800-848 824 340.25-384 366.6 Replacement 288 853-890 866 349.5-386 367.58 Replacement 325 856-889 873 303-332 316.03 325 856-889 873 303-332 316.03 303 907-924 915 297-326 306.84 286 950-966 953 291-312.5 303.7 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 356-393 376 485-502.5 494.97 17 426-442 429 460-505 468.19 42 477-479 478 460-520 468.7 15 504-535 525 380-432 415.35 34 555-579 566 402.5-430 411.96 38 614-638 630 339-387 362.1 10 665-665 665 335-335 335 10 719-745 735 310-327 320.34 21 761-798 786 329-331 330.35 9 816-816 816 305-305 305 8 855-855 855 292-292 292 13 881-881 881 276-276 276 Fleshy STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 143 1003-1042 1025 311-320.5 314.38 348 1050-1090 1068 266-325 310.64 107 1101-1111 1107 285-302.75 299.96 123 1168-1187 1186 280-286.25 285.8 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 326-326 326 580-580 580 14 377-389 383 590-601 596.72 60 408-442 422 550-602.5 578.82 324 450-495 479 505-588 556.93 278 508-548 532 470-560 520.49 614 552-596 582 450-515 488.48 5 594-594 594 460-460 460 Fleshy 838 601-643 625 424-488 459.03 41 648-648 648 431-431 431 Full 779 651-698 674 408-453.5 433.04 779 651-698 674 408-453.5 433.04 1813 702-749 726 384-427 409.84 79 765-780 766 367-380 379.5 Fleshy 2302 750-799 783 358-400 386.96 1972 801-845 829 345-388.25 371.25 2298 850-898 873 342-367.5 356.23 67 879-885 885 330-342 341.29 Fleshy 102 905-917 909 326-334 330.99 Fleshy 1528 902-946 926 329-358 345.75 240 950-994 960 310-320.5 313.68 Fleshy 928 953-999 973 287-346.75 329.07 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 19 423-425 424 505-537.5 515.23 34 470-484 479 475-520 504.92 30 515-540 519 477.5-485 478.87 54 555-591 585 435-470 438.2 18 621-644 631 432.5-435 433.63 42 652-683 669 404-420 411.05 33 750-770 760 353.5-355 354.22 45 802-844 817 342.5-350 345.02 10 866-882 874 315-330 322.43 --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 38 1393-1490 1434 228-229.5 228.71 Average BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 16 1388-1545 1448 233.5-239.5 236.03 Average DAIRY HEIFERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1414-1414 1414 207.5-207.5 207.5 Average DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 11 1505-1505 1505 213-213 213 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 57 1272-1507 1378 239.25-245 242.16 Average Certified Prgms 226 1344-1503 1477 238.5-244 239.83 Average 37 1595-1595 1595 232-232 232 Low HEIFERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 30 1291-1353 1320 234.75-236 235.35 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 16 1317-1495 1385 241.5-244.5 242.95 Average 62 1452-1479 1471 243-245 244.52 Average Certified Prgms STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 1514-1571 1539 239.5-243.5 241.37 Average 17 1610-1610 1610 241.25-241.25 241.25 Average Certified Prgms 4 1624-1624 1624 233-233 233 Average Heavy Weight STEERS - Choice 4-5 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 12 1700-1856 1817 231.75-236 232.74 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 19 1450-1511 1466 235-235.5 235.36 Average
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Market Strategies

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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