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USDA Worthing, SD Slaughter Cattle Auction

USDA Worthing, SD Slaughter Cattle Auction 03/25 16:15 AMS_2016 MARS Sioux Falls Regional Livestock Auction - Worthing, SD Sioux Falls Regional Livestock-Worthing,SD Livestock Weighted Average Report for 03/25/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER SHEEP/LAMBS 2400 3341 2138 SLAUGHTER GOATS 527 325 300 SLAUGHTER CATTLE 1206 411 1040 FEEDER SHEEP/LAMBS 564 507 266 REPLACEMENT SHEEP/LAMBS 77 334 68 Compared to last week: Slaughter steers and heifers unevenly steady with limited comparable trades. A considerably larger number then steers on the offering. Fats were on the lighter end for the most part with a few strings of extra heavy ones thrown in. Demand good considering the crash in the boxed beef prices today and the fundamentals not in the producer's favor. There is much uncertainty and anticipation with how negotiated fed cattle will trade this week. Slaughter lambs under 130 lbs. 15.00 to 30.00 lower, over 130 lbs. 15.00 higher. Slaughter ewes 15.00 higher. Demand for slaughter lambs and ewes mostly good with the large majority being ewes and slaughter lambs. A nice selection overall with a few loads of bred ewes seeing good demand. --------------------------------------------------------------- SLAUGHTER SHEEP/LAMBS --------------------------------------------------------------- BUCKS - 1-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 8 183-191 188 155-195 169.6 Average 4 200-243 222 130-135 132.26 Average EWES - Cull 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 13 101-135 124 85-95 90.02 Average EWES - Good 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 92 108-145 137 125-155 135.83 Average 111 153-193 175 130-155 137.94 Average 5 207-207 207 140-140 140 Average 5 90-90 90 150-150 150 Average EWES - Good 4-5 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 59 142-146 143 125-125 125 Average 79 171-196 186 115-130 120.97 Average 50 200-243 214 125-125 125 Average EWES - Utility 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 48 109-145 128 95-125 114 Average 35 155-197 175 95-120 108.26 Average 25 201-216 208 95-110 105.34 Average HAIR BREEDS - Choice and Prime 1-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 23 64-64 64 390-390 390 Average 60 71-71 71 350-350 350 Average 90 80-88 83 330-370 345.21 Average WOOLED & SHORN - Choice 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 79-79 79 320-320 320 Average WOOLED & SHORN - Choice and Prime 1-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 58 101-104 103 285-330 296.39 Average 14 114-114 114 285-285 285 Average 78 120-129 125 260-288 266.92 Average 176 132-139 137 260-286 268.62 Average 153 141-142 142 245-267.5 265.77 Average 106 157-171 162 225-255 247.94 Average 52 66-69 68 385-400 388.07 Average 222 73-79 75 360-395 377.91 Average 417 82-89 86 325-395 382.62 Average 98 91-97 95 340-385 359.83 Average --------------------------------------------------------------- SLAUGHTER GOATS --------------------------------------------------------------- BUCKS/BILLIES - Selection 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 149-149 149 185-185 185 Average KIDS - Selection 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 10 29-29 29 465-465 465 Average 22 34-39 38 420-450 445.13 Average 7 47-48 48 430-485 461.71 Average 56 50-59 57 450-510 474.02 Average 181 61-67 61 490-530 521.23 Average 7 74-74 74 405-405 405 Average 16 83-83 83 485-485 485 Average KIDS - Selection 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 43-43 43 415-415 415 Average 6 63-63 63 400-400 400 Average 24 70-74 71 345-360 354.81 Average 3 80-80 80 360-360 360 Average KIDS - Selection 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 54-54 54 285-285 285 Average 4 78-78 78 220-220 220 Average NANNIES/DOES - Selection 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 128-128 128 235-235 235 Average NANNIES/DOES - Selection 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 22 161-169 163 135-170 161.74 Average NANNIES/DOES - Selection 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 122-122 122 160-160 160 Average 7 156-156 156 120-120 120 Average --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 38 1393-1490 1434 228-229.5 228.71 Average BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 16 1388-1545 1448 233.5-239.5 236.03 Average DAIRY HEIFERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1414-1414 1414 207.5-207.5 207.5 Average DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 11 1505-1505 1505 213-213 213 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 57 1272-1507 1378 239.25-245 242.16 Average Certified Prgms 226 1344-1503 1477 238.5-244 239.83 Average 37 1595-1595 1595 232-232 232 Low HEIFERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 30 1291-1353 1320 234.75-236 235.35 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 16 1317-1495 1385 241.5-244.5 242.95 Average 62 1452-1479 1471 243-245 244.52 Average Certified Prgms STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 1514-1571 1539 239.5-243.5 241.37 Average 17 1610-1610 1610 241.25-241.25 241.25 Average Certified Prgms 4 1624-1624 1624 233-233 233 Average Heavy Weight STEERS - Choice 4-5 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 12 1700-1856 1817 231.75-236 232.74 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 19 1450-1511 1466 235-235.5 235.36 Average --------------------------------------------------------------- FEEDER SHEEP/LAMBS --------------------------------------------------------------- HAIR LAMBS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 13 46-46 46 445-445 445 24 51-52 52 375-380 377.94 41 61-62 61 400-405 400.87 LAMBS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 26 25-25 25 540-540 540 29 34-34 34 600-600 600 166 42-49 46 465-565 523.5 71 50-56 54 420-480 456.68 160 60-67 65 410-490 424.37 --------------------------------------------------------------- REPLACEMENT SHEEP/LAMBS --------------------------------------------------------------- EWES - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 56 151-151 151 320-320 320 14 179-179 179 375-375 375 7 181-181 181 385-385 385
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CORN Strategies Snapshot

TREND: The trend for May corn is revised to higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 375,360 contracts as of March 24, and were net-buyers of 63,018 contracts during the CFTC reporting period as prices rallied on bullish influence from energy markets due to the ongoing war in the Middle East.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 314,222 contracts as of March 24, and were net-sellers of 58,599 contracts through the CFTC reporting period. The May 2026 contract is priced 11 3/4 cents lower than the July 2026 contract, widening (more carry) through the week, and still among the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Livestock futures started the Thursday session with very limited interest, allowing prices to hold limited gains in cattle futures through early hours of trade, but softness developed in feeder cattle and lean hog trade during late morning trade.

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