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USDA Herreid, SD Wtd Averages

USDA Herreid, SD Wtd Averages 09/26 15:10 AMS_2024 MARS Herreid Livestock Market - Herreid, SD Herreid Livestock Market-Herreid,SD Livestock Weighted Average Report for 09/26/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 3327 2430 3566 Compared to last week: steers 850 to 899 lbs steady to 2.00 higher, 900 to 999 lbs mostly steady. Heifers not well compared. Good demand for this large yearling offering featuring mostly strings and loads. Cattle were all off grass, flesh condition mostly light to moderate with some fill seen at times. Quality varied this week, from plain to attractive, on both packages and loads. Some tag as last week was quite wet. An active market with the usual crowd of order buyers in the seats, however, they are more reserved than they have been the last few months. Next feeder cattle sale is Friday, October 3, expecting 3000 head. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 189 1002-1047 1016 318.5-324 322.23 16 1082-1082 1082 326-326 326 36 1087-1087 1087 295-295 295 Fleshy 25 1129-1129 1129 300-300 300 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 203 800-816 806 355.75-355.75 355.75 251 865-883 874 340.5-340.5 340.5 110 907-916 913 320-333.75 330.16 58 992-992 992 325.5-325.5 325.5 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 183 1005-1038 1024 327.5-329.5 328.25 312 1073-1084 1078 317.75-317.75 317.75 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 115 767-774 770 384-396.5 391.47 84 829-849 846 378-382.5 378.63 359 856-882 869 363.5-378 371.86 480 933-945 939 343.75-354.5 350.06 611 952-996 966 327.25-353.25 347.04 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 45 880-882 881 337.5-347 340.03
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for December corn is revised to sideways.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 51,186 contracts as of September 23, an increase of 15,017 contracts during the CFTC reporting period as traders turned to selling amid technical pressure in the corn market.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 79,646 contracts as of September 23, an increase of 11,273 contracts week over week. The December 2025 contract is priced 17 cents lower than the March 2026 contract, a spread that widened slightly through the week on higher corn supplies in the September Grain Stocks report. DTN's National Corn Index implies a corn basis of 42 cents under...

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Feeder cattle futures are on fire, increasing each day this week and reaching new contract highs. Feeder cattle have provided the spillover support for live cattle. Hogs have moved in the opposite direction as fundamental weakness prevails.

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