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USDA Hub City Livestock Wtd Averages

USDA Hub City Livestock Wtd Averages 07/08 12:55 AMS_2020 MARS Hub City Livestock Auction - Aberdeen, SD Hub City Livestock Auction-Aberdeen,SD Livestock Weighted Average Report for 07/08/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1709 3403 1652 Last reported sale was three weeks ago so an accurate price trend can not be established. Good to very good demand for this light offering featuring mostly strings and loads. A few consignments off grass but most cattle came out of yards. Flesh condition mostly moderate to moderate plus, cattle off grass in mostly light flesh condition. An active market for this offering despite quite a bit of pressure on the futures complex this past week. Rainfall has been spotty but many areas saw a nice rain last night. 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 20 673-690 687 397-399 397.39 10 711-748 733 372-377 373.94 12 772-772 772 380-380 380 32 867-898 882 324.5-335 329.99 239 912-931 918 319-326 323.09 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 176 1005-1045 1025 321-323 322.37 217 1051-1057 1055 320.5-329.25 323.25 157 1114-1138 1130 312-315 313.46 54 1159-1159 1159 310.5-310.5 310.5 23 859-859 859 353.5-353.5 353.5 17 981-981 981 326.5-326.5 326.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 18 684-684 684 427-427 427 122 850-897 873 358.5-371.5 364.93 183 905-932 920 335.75-346.5 341.23 304 954-973 964 340.5-346 343.78
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CORN Strategies Snapshot

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

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 131,463 contracts as of July 14, and were net-buyers of 30,483 contracts during the CFTC reporting period as traders returned to buying with conditions across the U.S. Corn Belt turning hot and dry through mid-July.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 94,976 contracts as of July 14, and were net-sellers of 27,322 contracts through the CFTC reporting period. The September 2026 contract is priced 22 1/2 cents lower than the December 2026 contract, falling through the week to the highest degree of carry between the two contracts through...

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