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USDA Dickenson, ND Wtd Avg-Stockman's

USDA Dickenson, ND Wtd Avg-Stockman's 01/22 17:55 AMS_2099 MARS Stockmen's Livestock Exchange - Dickinson, ND Stockmen's Livestock Exchange-Dickinson,ND Livestock Weighted Average Report for 01/22/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2106 3247 2560 Compared to last week: Feeder steers 5.00 to 20.00 lower, except 500-550 lbs unevenly steady. Feeder heifers unevenly steady. Good demand for this lighter offering of home raised steers and heifers. The market was not as active for those cattle bound for finishing yards in cattle feeding country, a severe winter storm is moving across the country with artic temps making it difficult for cattle feeders to handle incoming cattle, there was pressure on the market because of this. Those lighter steers and heifers to make yearlings out of, and those replacement quality heifers sold on a very active market however. Many long strings of really high quality feeder cattle, including full loads and multiple load lots. Flesh condition light to moderate plus, overall this week. Cattle feeders were disappointed with cash sales and the direction of the futures contracts this week, also causing them to slow down in their pursuit of feeder cattle. Next sale will be Jan. 29, 2026. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 423-423 423 445-445 445 26 520-520 520 380-380 380 8 613-613 613 332.5-332.5 332.5 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 303-303 303 555-555 555 27 426-426 426 510-510 510 28 466-484 480 465-494 476.47 84 507-520 517 467-471 468.03 227 555-597 577 380-441 418.18 32 611-642 628 370-390 377.13 15 677-677 677 388-388 388 Replacement 161 654-693 682 364-379.5 373.12 21 703-703 703 367.5-367.5 367.5 71 711-716 712 369-384 381.87 Replacement 24 784-792 786 328-329 328.71 120 806-806 806 334.5-334.5 334.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 416-416 416 570-570 570 66 502-544 509 462.5-543 528.61 12 553-553 553 422.5-422.5 422.5 Fleshy 148 567-598 589 426-466 452.76 10 648-648 648 371-371 371 Fleshy 209 651-699 682 390.5-422 411.08 17 686-690 688 356-378 365.09 Fleshy 56 706-736 727 372-395 376.52 319 751-798 769 351.5-382 372.07 69 823-842 839 338.5-346 339.67 200 864-867 865 346.5-346.5 346.5
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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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