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USDA Herreid, SD Wtd Averages

USDA Herreid, SD Wtd Averages 05/30 13:50 AMS_2024 MARS Herreid Livestock Market - Herreid, SD Herreid Livestock Market-Herreid,SD Livestock Weighted Average Report for 05/30/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1374 8789 2750 No sale last week due to Memorial Day and too few cattle today to compare to the large offering two weeks ago and develop an accurate price trend. Good to very good demand for this light offering. Quite a few loads available plus packages to fill loads, many of these light and green enough for grass. Recent moisture has relieved much of the concern over grass conditions and producers are back to wanting cattle to fill pastures. Flesh condition mostly light to moderate plus today with some tag on the cattle at times due to the recent rains. An active market with a full house of buyers, farmer feeder and producers interested in filling pens and pastures with feeder cattle, replacement heifers, and pairs. Watch local listings for the next feeder cattle sale. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 18 565-591 575 344-349 347 106 606-641 617 318-335 323.7 34 694-694 694 317-317 317 51 728-742 739 303-308 306.94 34 786-786 786 304-304 304 96 814-830 819 300-300.5 300.35 Replacement 19 823-823 823 286.5-286.5 286.5 37 900-940 912 281-287 285.16 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 540-540 540 335-335 335 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 569-569 569 380-380 380 33 613-620 616 367-374 371.22 9 671-671 671 356-356 356 64 726-742 741 334.5-340 334.84 229 751-792 766 320-339 330.82 102 826-849 842 306.5-314 307.79 184 873-899 890 297.5-303 299.84 64 937-937 937 289-289 289 44 961-961 961 288.75-288.75 288.75 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 617-617 617 340-340 340
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CORN Strategies Snapshot

TREND: The trend for July corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 95,494 contracts as of June 10, an increase of 14,435 contracts as solid crop conditions and friendly weather kept sellers active during the CFTC reporting period.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 114,551 contracts as of June 10, an increase of 9,826 contracts, week-over-week. The July 2025 contract is priced 16 cents higher than the September 2025 contract, a spread that strengthened significantly over the past week. DTN's National Cash Index indicated that corn basis firmed over the most recent week to 22 cents under the July board, an improvement of 1 cent on the...

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Commentary

DTN Ag Host Midday Livestock

DTN Ag Host Midday Livestock

Traders' concerns about the livestock complex being overbought and over-extended have resurfaced today as all three of the livestock markets are trading lower into Tuesday's noon hour. Southern asking prices are noted at $238 plus, but no trade has developed yet.

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