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USDA Philip, SD Wtd Averages

USDA Philip, SD Wtd Averages 07/29 16:15 AMS_2023 MARS Philip Livestock Auction - Philip, SD Philip Livestock Auction-Philip,SD Livestock Weighted Average Report for 07/29/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1659 1083 2617 No recently reported sale to compare to. Very good demand displayed throughout today's special anniversary sale. Yearlings and fall calves accounted for today's offerings. Active bidding throughout sale from internet buyers and buyers in the seats. Flesh conditions consisted of mostly light with few fleshy offered. CME feeder cattle index reached new highs today breaking past $330. CME cattle futures posted solid gains fueling the bullish attitudes and demand today. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 1030-1030 1030 280-280 280 5 1098-1098 1098 274-274 274 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 52 550-583 568 379-380.5 379.83 23 619-642 635 359-361 359.59 142 656-695 684 348-368 360.23 45 745-745 745 345.5-345.5 345.5 41 769-797 793 333-343 334.8 179 808-848 824 319.5-335.5 329.31 64 862-895 891 321.5-323 321.66 5 952-952 952 295-295 295 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 379-379 379 387.5-387.5 387.5 10 437-437 437 421-421 421 32 529-530 529 362.5-392 382.77 4 598-598 598 355-355 355 17 680-680 680 339-339 339 16 700-730 711 321-330 326.54 12 842-842 842 308-313 310.5 11 940-940 940 293-293 293 5 979-979 979 286-286 286 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 24 1016-1016 1016 307.5-307.5 307.5 111 1069-1082 1076 306.5-315 310.61 31 1133-1133 1133 296.5-296.5 296.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 22 609-638 633 400-401 400.18 10 651-676 664 390-407.5 398.59 22 732-748 736 363-367 366.08 92 752-790 766 351-359 354.11 16 823-848 829 350-351 350.74 73 878-878 878 345-347 346.86 87 915-946 929 324-336.25 332.89 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 23 605-644 627 362.5-366 364.53 12 746-746 746 359-359 359 26 768-768 768 337-337 337 5 957-957 957 300-300 300 STEERS - Medium and Large 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 431-431 431 421-421 421 7 485-485 485 367.5-367.5 367.5
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CORN Strategies Snapshot

TREND: The trend for September corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 107,968 contracts as of Aug. 5, a decrease of 25,499 contracts as speculators took profits on short positions built up through the summer thus far.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 147,872 contracts as of Aug. 5, a decrease of 16,025 contracts, week-over-week. The September 2025 contract is priced 22 3/4 cents lower than the December 2025 contract, a spread that widened again through the most recent week, indicating a comfortable level of old-crop supplies. DTN's National Cash Index indicated that corn basis faded 2 cents over the most recent week to 17...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Although the cattle complex wasn't gifted an easy day where the contracts just traded higher from the day's start, the market ended up having a fruitful day as the positive development in the cash cattle market helped entice trader's into supporting the contracts.

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