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USDA Napoleon, ND Wtd Averages

USDA Napoleon, ND Wtd Averages 01/22 17:55 AMS_2098 MARS Napoleon Livestock Auction - Napoleon, ND Napoleon Livestock Auction-Napoleon,ND Livestock Weighted Average Report for 01/22/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1383 5433 1955 Compared to last week; Not all weights well tested for comparison. Feeder steers 450-550lbs 35.00 lower with instances up to 42.00 lower, 600-650lbs, 700-750lbs, 800-850lbs and 900-950lbs 2.00 to 6.00 lower with instances up to 15.00 lower. Feeder heifers 450-500lbs and 750-800lbs 2.00 to 6.00 lower, 550-650lbs 17.00 to 21.00 lower and 650-700lbs 3.00 higher. Light sale due to frigid temperatures. Good buyer demand. Flesh condition light to moderate. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 387-387 387 505-505 505 108 464-492 480 454-495 482.34 5 526-526 526 445-445 445 134 556-584 570 396-429 417.63 120 620-628 623 385-407.5 399.07 81 651-677 667 388-412 398.81 29 701-735 727 360-373 363.03 49 765-765 765 354-354 354 23 802-802 802 341-341 341 11 944-944 944 306-306 306 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 475-475 475 445-445 445 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 1 330-330 330 670-670 670 11 377-389 386 595-625 603 59 473-486 482 500-537.5 528.48 41 520-540 530 480-515 504 6 550-550 550 495-495 495 Fancy 21 573-595 585 420-452 437.06 214 601-631 623 427-445 435.09 31 653-655 655 420-427.5 425.81 96 705-747 716 376-408 400.86 26 796-796 796 358-358 358 112 801-829 825 351-363 353.17 22 870-870 870 347.5-347.5 347.5 56 925-931 927 337-339 337.82 8 999-999 999 312.5-312.5 312.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 461-461 461 475-475 475 11 683-685 684 370-375 372.28
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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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