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USDA Ft Pierre SD Wtd Av

USDA Ft Pierre SD Wtd Av 07/10 14:50 AMS_2021 MARS Ft. Pierre Livestock Auction (Friday) - Ft. Pierre, SD Ft. Pierre Livestock Auction-Fort Pierre,SD Livestock Weighted Average Report for 07/10/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1806 3874 0 Last sale 3 weeks ago, no comparisons made. Good to very good demand for this summertime offering of weaned fall calves and yearlings. Flesh condition ranged from from light to very light as the drought has remains severe in many areas. The market was active, yet cattle feeders are feeling pressure as the cash fed cattle market slipped down to 245.00-248.00, few at 250.00. CME Live Cattle contracts have retreated to 235.00 for Aug but 230.00 for the fall and winter, this is causing great concern as most cattle are facing a 250.00 breakeven price. Next feeder cattle sale will be July 31, 2026. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 21 570-570 570 477.5-477.5 477.5 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 536-536 536 445-445 445 84 567-582 568 447.5-479 476.69 Thin Fleshed 76 612-612 612 419-419 419 34 657-676 666 405-427 416.49 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 552-552 552 465-465 465 157 655-674 665 438-441 439.57 7 736-736 736 412.5-412.5 412.5 173 761-778 767 394-427 411.43 73 804-804 804 403-403 403 69 892-892 892 356-356 356 62 904-904 904 349-349 349 189 962-988 978 334-336 334.66 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 725-725 725 377.5-377.5 377.5 8 771-771 771 360-360 360 9 913-913 913 339-339 339
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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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