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USDA Herreid, SD Wtd Averages

USDA Herreid, SD Wtd Averages 08/01 13:25 AMS_2024 MARS Herreid Livestock Market - Herreid, SD Herreid Livestock Market-Herreid,SD Livestock Weighted Average Report for 08/01/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2967 1043 3398 Compared to last week: best test on steers 950 to 999 lbs mostly steady. Heifers not well compared. Very good demand for today's offering of strings and loads. Flesh varied, from light to heavy, with about two thirds of the cattle coming off grass. Plenty of attractive cattle offered with multiple loads of the same weight class to fill pens. An active market, especially on grass cattle. Cooler weather than last week but still plenty of humidity making it more difficult to get hay put up, grass and crop conditions look good after rains last week. Next feeder cattle sale is Friday, August 8. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 1006-1006 1006 291-291 291 21 1104-1104 1104 263-263 263 Fleshy HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 57 716-716 716 337.5-337.5 337.5 39 789-789 789 325-325 325 42 811-811 811 314.5-314.5 314.5 454 863-886 874 303-315 309.13 187 944-948 945 297-299.5 298.3 20 949-949 949 280-280 280 Fleshy 129 951-970 960 297-297 297 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 59 1038-1038 1038 305.75-305.75 305.75 58 1051-1051 1051 301.5-301.5 301.5 49 1164-1164 1164 270-270 270 Fleshy STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 26 777-777 777 362-362 362 206 845-849 847 351.75-351.75 351.75 590 857-889 875 339.25-351.75 344.92 666 903-933 926 330-344 342.01 15 955-955 955 272.5-272.5 272.5 Fleshy 283 951-983 971 314-326 322.1
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Market Strategies

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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