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USDA Napoleon, ND Wtd Averages

USDA Napoleon, ND Wtd Averages 11/09 07:00 AMS_2098 MARS Napoleon Livestock Auction - Napoleon, ND Napoleon Livestock Auction-Napoleon,ND Livestock Weighted Average Report for 11/05/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1525 1167 3026 Compared to last week: A lighter offering of steer and heifer calves, best comparison of steers were those 500-600 lbs 30.00 to 40.00 lower, best comparison of heifer calves were those 500-600 lbs 20.00 to 30.00 lower. Other weights sold with much lower undertones. Moderate to good demand for calves, moderate demand for yearlings. Much pressure in the market this week as the CME Live and Feeder Cattle futures have suffered sharp losses over the last two weeks. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 513-521 517 385-400 391.76 12 610-640 625 300-315 307.32 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 60 1006-1012 1008 267-271 269.86 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 393-393 393 455-455 455 21 403-420 412 430-445 436.99 91 464-489 479 387.5-416 394.9 63 532-532 532 390.5-390.5 390.5 92 565-565 565 389.5-389.5 389.5 Fancy 38 576-579 577 347.5-350 348.03 17 609-635 624 310-318 314.79 20 646-646 646 347-347 347 Fancy 25 858-895 883 271-294 278.15 5 948-948 948 270-270 270 40 983-983 983 267-267 267 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 446-446 446 400-400 400 36 532-538 535 335-347.5 340.94 12 636-636 636 299-299 299 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 1026-1026 1026 280-280 280 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 21 350-398 389 502-510 504.11 40 404-446 423 476-487.5 481.65 63 471-495 479 440-467.5 457.13 170 502-539 521 407.5-448 429.28 271 563-598 592 387.5-412.5 393.26 46 602-631 627 347.5-367.5 357.85 18 669-669 669 362-362 362 58 719-745 727 342-356 352.49 36 796-796 796 324-324 324 8 891-891 891 306-306 306 16 903-917 911 316-366.5 344.6 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 19 499-499 499 410-410 410 6 544-544 544 342.5-342.5 342.5 9 575-575 575 323-323 323
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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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