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USDA Herreid, SD Wtd Averages

USDA Herreid, SD Wtd Averages 02/13 15:35 AMS_2024 MARS Herreid Livestock Market - Herreid, SD Herreid Livestock Market-Herreid,SD Livestock Weighted Average Report for 02/13/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 3846 4060 1141 Compared to last week: steers 600 to 699 lbs and 750 to 849 lbs unevenly steady, 700 to 749 lbs and 850 to 899 lbs 6.00 to 10.00 lower. Heifers 600 to 749 lbs unevenly steady. A nice offering of loads and packages of both home raised and backgrounded cattle today. Good to very good demand depending on flesh condition which ranged from moderate to heavy. Quality varied, but mostly average to attractive. Warm temperatures the last week have made yards soft and some cattle carried a little mud today. A moderate to active market with less drive to own cattle than seen last week. Next feeder cattle sale is Friday, February 20. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 354-354 354 500-500 500 24 403-421 414 500-525 517.14 10 453-453 453 525-525 525 91 509-529 524 450-485 469.39 81 553-598 587 405-450 425.36 212 602-646 615 397-439 423.33 173 650-693 679 382-411 393.9 88 705-705 705 402-402 402 Replacement 214 721-743 728 351.5-381 365.75 86 760-780 769 349.5-369.5 362.23 6 795-795 795 387.5-387.5 387.5 Replacement 71 801-801 801 361.5-361.5 361.5 97 921-921 921 436.5-436.5 436.5 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 491-491 491 460-460 460 28 789-789 789 329-329 329 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 394-394 394 610-610 610 36 410-443 436 555-601 563.68 12 464-484 472 528-538 532.27 150 501-525 521 525-532.5 526.5 117 559-595 587 470-512.5 483.79 418 605-640 623 445-467 456.14 268 650-699 690 409.25-429 415.47 368 725-742 734 393-402.5 399.21 154 760-789 769 371-390 379.72 587 803-849 823 361.5-379.5 370.43 129 869-889 880 360-361.5 360.7 65 925-925 925 350-350 350 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 63 793-793 793 359-359 359 30 938-938 938 338.5-338.5 338.5
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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 18,330 contracts as of Feb. 10 and were net-buyers of 16,368 contracts during the CFTC reporting period as prices have rallied off lows set following the bearish January WASDE report.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 37,338 contracts as of Feb. 10 and were net-sellers of 15,578 contracts through the CFTC reporting period. The March 2026 contract is priced 10 1/4 cents lower than the May 2026 contract, moving wider (more carry) through the week, to the highest degree of carry for the boards since early September. National average corn basis fell 1 cent...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a mixed day for the livestock complex as the futures market closed mostly lower, but the cash cattle complex saw some positive momentum ahead of the week's end. Northern dressed cattle traded at mostly $382, which is $4.00 higher than last week's weighted average and Southern live cattle traded at $248, which is also $4.00 higher than last week's weighted average.

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