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USDA Mitchell, SD Wtd Averages

USDA Mitchell, SD Wtd Averages 07/09 13:20 AMS_2022 MARS Mitchell Livestock Auction - Mitchell, SD Mitchell Livestock Auction-Mitchell,SD Livestock Weighted Average Report for 07/09/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1450 1675 1925 Compared to two weeks ago: Not many light feeders today trend not applicable. Steers 950-1000 lbs. sold 8.00 higher, steers 1000-1150 lbs. sold 4.00-6.00 lower. Mostly steers today so trend for heifers not applicable, a slightly lower undertone was noted. A few load lots in steers today. Demand was good. The next feeder cattle auction will be July 23rd, expecting 1500 head of feeders, starting at 10:00 am. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 503-503 503 500-500 500 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 1042-1042 1042 274-274 274 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 409-409 409 490-490 490 7 676-676 676 389-389 389 53 719-748 727 362-380 368.58 56 769-786 778 353-360 356.21 37 821-825 823 330.5-348.5 340.21 65 850-850 850 329-329 329 59 901-935 929 281-318.5 316.39 16 997-997 997 280-280 280 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 13 1000-1000 1000 267.5-267.5 267.5 3 368-368 368 540-540 540 3 495-495 495 437.5-437.5 437.5 6 537-537 537 422.5-422.5 422.5 6 679-679 679 365-365 365 3 952-952 952 383-383 383 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 262 1011-1035 1017 320.5-328 326.7 39 1049-1049 1049 309.5-309.5 309.5 Fleshy 67 1072-1072 1072 314.25-314.25 314.25 109 1142-1142 1142 304.85-304.85 304.85 79 1171-1195 1191 283.5-291.1 289.38 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 728-728 728 398-398 398 7 772-772 772 365-365 365 82 809-842 822 356-369.5 361.79 13 886-886 886 351-351 351 23 923-923 923 336-336 336 314 961-988 977 322-343.25 340.78 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 385-385 385 430-430 430 3 670-670 670 410-410 410 20 749-749 749 370-370 370 11 866-866 866 327-327 327 3 992-992 992 295-295 295
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Market Strategies

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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Commentary

DTN Ag Host Midday Livestock

DTN Ag Host Midday Livestock

The livestock complex is off to a mixed start: cattle contracts are trading higher, while the lean hog complex is mixed. Showlists for the week are mixed as showlists are higher in Texas and Nebraska, but lower in Kansas.

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