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USDA Ft Pierre SD Wtd Av

USDA Ft Pierre SD Wtd Av 11/06 22:00 AMS_2021 MARS Ft. Pierre Livestock Auction (Friday) - Ft. Pierre, SD Ft. Pierre Livestock Auction-Fort Pierre,SD Livestock Weighted Average Report for 11/06/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 6291 8814 9632 Compared to last week: Steers calves from 400 lbs to 699 lbs were generally 8.00 to 12.00 lower with instances of 15.00 to 20.00 lower. Heifer calves from 450 lbs to 499 lbs were 4.00 to 8.00 lower, heifer calves from 400 lbs to 449 lbs and 600 lbs to 649 lbs were 4.00 to 8.00 lower, heifers from 500 lbs to 549 lbs were 15.00 to 20.00 lower. No comparisons on the yearlings due to limited numbers. Good demand and a fairly active market for todays feeder cattle auction. A house full of buyers and sellers, with plenty of bidding action on the internet. Just fair demand for todays limited offering of yearlings. Todays calf offering were mostly fully preconditioned and right off the cow. The cattle were fairly clean and carried little to no tag, attractive for condition and quality. Limited supply of yearlings cattle today with most being in light to moderate flesh condition and quality and coming off pasture. Muddy roads in some parts along with muddy pen conditions in feeding county made for a sluggish start to the sale as the futures market was down hard early in the day. Several cancellations for todays sale as some places in the county are relative muddy. Next feeder sale is scheduled for Friday, November 13, 2026, --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 1041-1041 1041 278-278 278 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 23 360-360 360 500-500 500 53 410-431 423 416-450 425.2 25 431-431 431 412.5-412.5 412.5 Full 25 433-433 433 500-500 500 Thin Fleshed 159 452-467 462 422.5-466 450.32 57 480-480 480 490-490 490 Replacement 50 470-489 485 382-385 384.16 Full 21 502-502 502 455-455 455 Fancy 632 500-547 521 375-438 411.18 32 526-526 526 372-372 372 Full 202 560-577 567 430-470 460.97 Replacement 239 552-588 582 364-383 377.66 158 608-645 617 353-361 354.67 77 654-654 654 338-338 338 6 798-798 798 281-281 281 28 889-889 889 250-250 250 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 302-302 302 540-540 540 22 375-380 379 464-475 466.47 20 423-441 432 405-412.5 408.83 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 33 376-389 380 535-555 547.44 212 404-447 428 509-545 528.07 381 461-499 488 473-520 491 938 508-545 528 427-478 460.9 1036 553-592 579 384-457 425.07 1007 601-637 620 381-440 414.38 287 654-690 671 359-399 381.97 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 418-418 418 490-490 490 58 469-490 476 400-452.5 440.07 11 543-543 543 374-374 374
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Market Strategies

CORN Strategies Snapshot

TREND: The trend in most active corn futures is considered sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 137,595 contracts as of Nov. 3, net-sellers of 63,677 contracts as traders reduced their net-length from early September by 75% as of the most recent CFTC report.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 137,516 contracts as of Nov. 3, and were net-buyers of 52,161 contracts through the CFTC reporting period. The December 2026 contract is priced 13 1/2 cents lower than the March 2027 contract, weakening (more carry) slightly through the week but in an overall strengthening trend since early August. National average corn basis firmed...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a successful week for the livestock contracts! All three of the livestock markets ended the week Friday afternoon in a better position than what the market opened at on Monday morning -- praise God!

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