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USDA South Dakota Weekly Auction Summary

USDA South Dakota Weekly Auction Summary 11/09 07:05 AMS_2027 MARS South Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 11/02/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 27142 46458 40926 SLAUGHTER CATTLE 990 1542 1102 Compared to last week: Steer calves 10.00 to 20.00 lower, heifer calves under 500 lbs 10.00 to 20.00 lower, over 500 lbs 25.00 to 35.00 lower. Yearling feeder steers 10.00 to 25.00 lower, yearling heifers 15.00 to 25.00 lower. Demand was more moderate for calves this week as the cattle futures complex turned over and the cash fed cattle market followed. A rainy week put further pressure on the calf market as feed yard pens are very muddy and sloppy making it tough on incoming calves that are right off the cows. Cattle feeders were blindsided by the collapse in the futures contracts, as the outlook was improving, causing them to back off considerably in the pursuit of feeder cattle. Packers pulled their bids back to unexpected levels, most notably on heavy cattle weighing 1700 lbs. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 408-408 408 495-495 495 6 497-497 497 430-430 430 28 584-584 584 377-377 377 6 603-603 603 347.5-347.5 347.5 BULLS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 580-580 580 335-335 335 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 180 1028-1049 1042 278-284 283.47 145 1068-1097 1079 274-283 279.53 34 1084-1084 1084 253.5-253.5 253.5 Fleshy 50 1175-1175 1175 252.5-252.5 252.5 Fleshy 35 1244-1244 1244 247.5-247.5 247.5 Fleshy 5 1250-1250 1250 223-223 223 5 642-642 642 324-324 324 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 65 328-348 343 449-482.5 468.48 10 361-361 361 560-560 560 Fancy 184 350-397 371 440-520 487.28 8 375-375 375 445-445 445 Full 377 400-449 426 416-505 455.96 31 431-437 432 412.5-415 412.99 Full 25 433-433 433 500-500 500 Thin Fleshed 1395 450-499 468 405-478 440.81 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 93 513-513 513 445-445 445 Replacement 1914 500-548 524 360-438 407.15 32 526-526 526 372-372 372 Full 112 555-570 558 430-468 459.69 Fancy 857 551-597 569 354-412.5 376.69 378 560-583 574 400-470 432.2 Replacement 289 608-645 620 300-370 350.27 134 654-673 662 320-338 330.72 25 669-695 685 327-333 329.35 Fleshy 67 710-730 722 300-335 327.4 70 760-798 763 281-321 317.42 245 812-842 835 303.5-318 304.82 14 885-885 885 309-309 309 Fleshy 28 889-889 889 250-250 250 9 927-927 927 307-307 307 Fleshy 652 901-947 928 300-311 301.96 195 953-991 959 296-304 299.12 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 22 302-345 327 430-540 461.57 78 375-394 389 325-475 447.97 57 415-441 425 360-422 383.77 89 452-499 478 373-407.5 396.63 166 502-540 529 345-386 369.66 8 569-569 569 361-361 361 8 716-716 716 320-320 320 10 753-753 753 305-305 305 19 873-873 873 293-293 293 HEIFERS - Medium and Large 3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 492-492 492 361-361 361 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 519 1004-1049 1025 288.5-316.25 311.65 225 1050-1085 1067 286-314.75 304.73 116 1100-1101 1101 302.5-302.5 302.5 24 586-586 586 405-405 405 8 619-619 619 382.5-382.5 382.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 111 312-341 330 525-625 562.64 9 377-377 377 530-530 530 Full 189 354-390 378 500-575 540.14 579 403-447 428 422.5-560 528.24 1585 453-499 481 422.5-530 489.05 2244 500-548 524 427-488.5 461.55 14 535-535 535 434-434 434 Full 3380 550-599 577 384-457 428.08 200 601-604 603 433-433 433 Fancy 2175 600-648 620 359-440 405.87 15 630-630 630 375-375 375 Full 802 654-699 674 345-408.25 383.2 5 703-703 703 340-340 340 Fleshy 146 701-742 720 320-360 353.06 479 757-799 788 318-354 339.89 33 789-799 791 302-310 303.96 Fleshy 275 801-833 807 326-344.75 340.43 391 879-896 890 327.5-336.5 330.77 406 900-935 904 322-334.5 330.85 7 966-966 966 301-301 301 Fleshy 827 957-992 974 307-320.25 314.48 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 319-319 319 515-515 515 66 374-396 391 500-527.5 511.25 121 405-435 423 490-521 515.32 241 461-499 486 400-482.5 451.33 241 507-549 532 374-440 423.72 162 553-598 573 367.5-414 388.58 63 602-627 611 345-379 366.76 10 691-691 691 340-340 340 32 702-744 714 320-331 324.7 STEERS - Medium and Large 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 37 419-436 434 400-492.5 412.08 12 545-545 545 410-411 410.5 17 556-556 556 387.5-387.5 387.5 STEERS - Medium and Large 3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 440-440 440 300-300 300 --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 1596-1709 1637 194-199 196.32 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 222 1185-1596 1454 211.75-215.5 213.92 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 1334-1449 1382 216-223 220.63 Average 54 1434-1447 1444 222.5-224 223.61 Average Certified Prgms STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 126 1519-1574 1546 214-216 214.27 Average 184 1615-1747 1680 210-215 212.69 Average Heavy Weight
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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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