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USDA Ft Pierre SD Wtd Av

USDA Ft Pierre SD Wtd Av 01/16 21:00 AMS_2021 MARS Ft. Pierre Livestock Auction (Friday) - Ft. Pierre, SD Ft. Pierre Livestock Auction-Fort Pierre,SD Livestock Weighted Average Report for 01/16/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 5146 6848 5464 Compared to last week: steers from 500 lbs to 549 lbs and 650 lbs to 699 lbs were mostly 10.00 to 15.00 higher, steers from 550 lbs to 599 lbs and steers from 600 lbs to 649 lbs were steady to instances of 10.00 lower, steers from 700 lbs to 799 lbs were generally 3.00 to 5.00 higher. Heifers from 500 lbs to 599 lbs were steady to 15.00 higher, heifers from 600 lbs to 699 lbs were steady to 5.00 lower. Other weight classes to lightly tested to make comparisons. An active to very active market for todays offering of old crop yearlings and spring born calves. Yearlings were mostly packages and part loads ranging from light to moderate fleshed condition. Good to very good demand for todays calf offering with most being long time weaned, fully vaccinated and attractive for quality. Several consignments offered buyers multiple loads in the same sort, plenty of part loads and packages to make loads. Most cattle have been running out in enough space to stay clean. A lower futures market seemed to have little effect on todays offering. Weather in the area has turned from mild to more winter like conditions, with high wind warnings in the next several days hampering movement of cattle. Next feeder sale is Friday, January 23, 2026. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 74 1002-1048 1025 304-317 311.65 31 1165-1178 1170 286-290 288.57 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 61 426-449 435 510-542.5 531.26 228 459-493 478 505-540 522.62 77 521-521 521 500-500 500 Thin Fleshed 320 503-542 531 447.5-486 468.43 359 555-585 563 446-467 458.78 8 592-592 592 415-415 415 Fleshy 265 591-597 595 446-467.5 452.93 Replacement 286 608-645 623 392.5-425 414.42 111 663-671 664 375-403 398.29 149 687-698 692 377-396 385.49 Replacement 240 701-723 708 372-391 377.98 Replacement 66 705-731 711 363-378 374.26 213 755-764 761 383-388 384.47 Replacement 6 805-805 805 338-338 338 Full 10 850-850 850 346-346 346 5 932-932 932 315-315 315 9 954-954 954 312-312 312 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 343-343 343 540-540 540 46 365-391 371 510-521.5 518.86 89 493-493 493 473-473 473 22 665-665 665 357.5-357.5 357.5 7 760-760 760 322.5-322.5 322.5 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 64 1012-1012 1012 313-313 313 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 28 381-394 384 590-595 593.9 30 430-437 432 547.5-600 563.43 19 458-458 458 570-570 570 346 511-532 521 518-547.5 536.56 37 543-543 543 487.5-487.5 487.5 Full 504 553-598 583 460-505 486.07 109 600-643 636 417.5-460 438.98 374 659-699 670 401-456 441.84 316 701-749 728 406-432 415.75 180 770-790 779 386-399 391.44 219 809-820 814 373.5-384 379.2 27 900-900 900 325-325 325 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 541-541 541 460-460 460
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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 51,704 contracts as of Jan. 20 and were net-sellers of 18,281 contracts during the CFTC reporting period following a bearish surprise in the Crop Production and WASDE reports released by USDA on Jan. 12.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 68,044 contracts as of Jan. 20 and were net-buyers of 19,121 contracts through the CFTC reporting period. The March 2026 contract is priced 7 3/4 cents lower than the May 2026 contract, mostly steady through the week. National average corn basis firmed a penny through the week to 35 cents under the March board.

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Cattle futures are finding sufficient support to push higher on the anticipation of higher cash trade. Feeder cattle led the charge, pushing through resistance. Hogs ran out of steam, correcting for the overbought status.

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