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USDA Herreid, SD Wtd Averages

USDA Herreid, SD Wtd Averages 06/26 15:30 AMS_2024 MARS Herreid Livestock Market - Herreid, SD Herreid Livestock Market-Herreid,SD Livestock Weighted Average Report for 06/26/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 0 2649 3941 Compared to two weeks ago: best test on steers 900 to 999 mostly steady, 1000 to 1049 lbs 3.00 lower. Heifers not well tested two weeks ago for comparison. A large offering of strings and loads, both home raised and back grounded, most of these were big, finishing type cattle. Good to very good demand for cattle today. Flesh varied, but most cattle carried some extra flesh as feeding conditions have been good. One consignment of steers off grass in light to moderate flesh. Quality mostly average to attractive, many similar quality and weight cattle to fill big pens. An active market with buyers determined to procure cattle when offered as sales become less frequent which is normal for this time of year. No sale next week due to the 4th of July, watch local listings for the next feeder cattle sale. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 55 1026-1026 1026 296-296 296 74 1057-1086 1064 284-298 294.52 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 13 611-611 611 392.5-392.5 392.5 65 716-716 716 391-391 391 16 795-795 795 354-354 354 131 873-878 875 311-315.5 313.36 Fleshy 182 870-885 877 326.25-330 328.75 118 912-921 917 325.25-327.5 326.37 168 929-947 939 302.5-305.75 303.59 Fleshy 171 958-980 972 305.75-305.75 305.75 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 596 1011-1046 1030 319.5-333.5 324.13 873 1050-1097 1069 313-323.75 317.39 52 1101-1101 1101 313.5-313.5 313.5 149 1178-1194 1184 304.25-304.25 304.25 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 614-614 614 477-477 477 19 707-707 707 436-436 436 70 781-781 781 417-417 417 92 821-836 825 389-397 395.06 190 902-925 918 349-365.75 356.96 187 970-986 979 332.75-345 339.76 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 23 797-797 797 340-340 340 20 866-866 866 335-335 335
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Market Strategies

CORN Strategies Snapshot

TREND: The trend in most active corn futures is sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 131,463 contracts as of July 14, and were net-buyers of 30,483 contracts during the CFTC reporting period as traders returned to buying with conditions across the U.S. Corn Belt turning hot and dry through mid-July.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 94,976 contracts as of July 14, and were net-sellers of 27,322 contracts through the CFTC reporting period. The September 2026 contract is priced 22 1/2 cents lower than the December 2026 contract, falling through the week to the highest degree of carry between the two contracts through...

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Commentary

DTN Ag Host Midday Livestock

DTN Ag Host Midday Livestock

The livestock complex is off to a mixed start: cattle contracts are trading higher, while the lean hog complex is mixed. Showlists for the week are mixed as showlists are higher in Texas and Nebraska, but lower in Kansas.

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