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USDA Herreid, SD Wtd Averages

USDA Herreid, SD Wtd Averages 10/03 14:10 AMS_2024 MARS Herreid Livestock Market - Herreid, SD Herreid Livestock Market-Herreid,SD Livestock Weighted Average Report for 10/03/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2845 3327 3289 Compared to last week: steers 850 to 899 lbs 6.00 to 8.00 lower, 900 to 999 lbs mostly steady with instances 8.00 higher on 900 to 949 lbs, 1000 to 1099 lbs 6.00 to 10.00 higher. Good to very good demand for yearlings today. All loads and strings on offer with just one consignment of feedlot cattle and the rest coming off grass. Flesh and quality mostly attractive. An active market with buyers taking several loads or all loads of a cut many times during the sale. Some of the earlier enthusiasm is back and buyers are wanting to own cattle, although they still exhibit more caution than seen earlier this season. Warm weather continues but cooler weather is forecasted for next week. Next feeder cattle sale is Friday, October 10, and in two weeks, October 17,the special Anniversary Sale with the first test of spring calves. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 40 1009-1009 1009 322.5-322.5 322.5 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 29 699-699 699 351-351 351 79 717-745 741 355.5-357 355.72 65 759-759 759 355.5-355.5 355.5 68 838-838 838 339.25-339.25 339.25 61 944-944 944 314.25-314.25 314.25 60 957-957 957 313.25-313.25 313.25 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 227 1022-1047 1039 324.25-335 329.46 173 1055-1069 1060 324.25-328.25 326.39 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 659-659 659 400-400 400 12 764-764 764 369-369 369 480 830-846 841 375.5-379.25 376.6 522 854-899 884 359-369.75 363.28 562 903-946 925 349-362.5 355.02 239 950-962 958 349.25-353.25 350.62 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 20 691-691 691 354.5-354.5 354.5 42 808-808 808 353-353 353
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for December corn is revised to sideways.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 51,186 contracts as of September 23, an increase of 15,017 contracts during the CFTC reporting period as traders turned to selling amid technical pressure in the corn market.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 79,646 contracts as of September 23, an increase of 11,273 contracts week over week. The December 2025 contract is priced 17 cents lower than the March 2026 contract, a spread that widened slightly through the week on higher corn supplies in the September Grain Stocks report. DTN's National Corn Index implies a corn basis of 42 cents under...

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Feeder cattle futures are on fire, increasing each day this week and reaching new contract highs. Feeder cattle have provided the spillover support for live cattle. Hogs have moved in the opposite direction as fundamental weakness prevails.

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