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USDA Mitchell, SD Wtd Averages

USDA Mitchell, SD Wtd Averages 01/22 17:55 AMS_2022 MARS Mitchell Livestock Auction - Mitchell, SD Mitchell Livestock Auction-Mitchell,SD Livestock Weighted Average Report for 01/22/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 3777 5498 3758 Compared to last week: Feeder steers 700-950 lbs. sold 1.00-6.00 higher. Feeder heifers 550-900 lbs. sold unevenly steady, with a higher undertone on most. Demand was good. Many large load lots in today's market. Seats full of buyers . The next feeder cattle auction will be Jan.29th, expecting 4000 head of feeders, starting at 9:00 am. Ethan Schuette from Washington KS won the Greater Mid West Auction Contest today. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 1029-1029 1029 278-278 278 58 1153-1169 1164 274-279 277.46 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 340-340 340 580-580 580 5 373-373 373 540-540 540 18 462-480 475 452.5-495 483.52 11 520-520 520 462-462 462 69 572-599 589 403-422.5 410.53 105 602-641 617 372.5-406 386.62 303 650-692 668 367.5-390 380.86 85 678-695 680 350-358 356.94 Fleshy 346 701-746 728 342-370 355.07 4 785-785 785 321-321 321 Fleshy 203 756-798 796 331-340.5 331.44 117 814-847 821 327-331 328.51 163 860-893 876 305-333 327.3 124 950-950 950 324-324 324 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 276-276 276 489-489 489 8 421-421 421 472.5-472.5 472.5 6 550-550 550 377.5-377.5 377.5 4 612-612 612 365-365 365 14 722-728 723 340-345 341.08 46 753-784 774 311-343 322.52 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 117 1050-1090 1073 319.75-324.75 322.18 57 1118-1118 1118 312-312 312 4 1180-1180 1180 289-289 289 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 538-538 538 520-520 520 29 567-594 580 445-475 451.27 60 616-647 640 428-435 431.08 70 651-693 663 412-430 419.37 200 701-738 720 383-403 394.89 373 752-792 771 358.65-399.5 373.21 30 791-791 791 354.5-354.5 354.5 Fleshy 244 805-834 824 355-368.25 365.36 333 853-882 870 346-354.5 349.67 41 871-889 877 325-339 337.33 Fleshy 144 915-928 924 342.5-347.25 343.97 111 955-987 968 324.75-339.5 331.35 5 972-972 972 319-319 319 Fleshy STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 392-392 392 592.5-592.5 592.5 7 449-449 449 570-570 570 5 464-464 464 502-502 502 8 564-564 564 425-425 425 26 628-628 628 409-409 409 29 744-748 747 362-369 367.08 18 768-769 769 357.5-370 367.23 7 821-832 826 315-351 330.55 17 880-880 880 337.5-337.5 337.5
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for March corn is sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 51,704 contracts as of Jan. 20 and were net-sellers of 18,281 contracts during the CFTC reporting period following a bearish surprise in the Crop Production and WASDE reports released by USDA on Jan. 12.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 68,044 contracts as of Jan. 20 and were net-buyers of 19,121 contracts through the CFTC reporting period. The March 2026 contract is priced 7 3/4 cents lower than the May 2026 contract, mostly steady through the week. National average corn basis firmed a penny through the week to 35 cents under the March board.

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Cattle futures are finding sufficient support to push higher on the anticipation of higher cash trade. Feeder cattle led the charge, pushing through resistance. Hogs ran out of steam, correcting for the overbought status.

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