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USDA Mandan, ND Wtd Averages

USDA Mandan, ND Wtd Averages 03/25 17:50 AMS_2097 MARS Kist Livestock Auction - Mandan, ND Kist Livestock Auction-Mandan,ND Livestock Weighted Average Report for 03/25/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1089 2384 1604 Compared to the last sale three weeks ago numbers were not high enough for a good comparison this week. It appeared that most weights of feeders and replacement heifers were a little lower than three weeks ago.. Today featured replacement quality heifers in the offering. Many nice strings of replacement heifers in today's sale. Not many feeders expected next week as the feeder sale will be held with the last stock cow and bred heifer sale of the spring on Wednesday April 1,2026. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 1028-1041 1036 255-260 256.86 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 440-442 441 490-497.5 493.74 21 460-481 467 480-500 493.13 58 505-547 538 440-457.5 454.19 39 590-598 596 395-430 418.77 67 600-640 624 387-425 409.59 24 670-670 670 389-389 389 175 654-696 674 388-405 393.97 Replacement 83 710-733 720 387.5-405 400.28 Replacement 130 758-783 767 375-380 376.37 Replacement 7 853-853 853 360-360 360 Replacement HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 573-573 573 390-390 390 7 698-698 698 335-335 335 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 499-499 499 485-485 485 22 501-521 508 512.5-532.5 526.85 14 584-595 591 467-476 472.82 76 608-635 620 432.5-476 463.02 51 660-698 681 402.5-425 416.6 37 701-727 721 395-400 396.97 31 759-793 764 360-394 388.31 37 826-826 826 362.5-362.5 362.5 7 973-973 973 292.5-292.5 292.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 609-609 609 405-405 405
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Market Strategies

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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