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USDA Worthing, SD Slaughter Cattle Auction

USDA Worthing, SD Slaughter Cattle Auction 11/04 15:05 AMS_2016 MARS Sioux Falls Regional Livestock Auction - Worthing, SD Sioux Falls Regional Livestock-Worthing,SD Livestock Weighted Average Report for 11/04/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER SHEEP/LAMBS 2774 4021 2061 SLAUGHTER CATTLE 990 1542 1102 SLAUGHTER GOATS 584 549 600 FEEDER SHEEP/LAMBS 447 300 129 REPLACEMENT SHEEP/LAMBS 7 0 0 Compared to last week: Steers and heifers 5.00 to 9.00 lower. Demand moderate on the lighter volume this week. Offering came in mostly smaller strings with a few larger loads. Cattle remained clean and uniform again this week. Sale offering varied from a few lots of long fed cattle to more than a few on the lighter end. CME live cattle complex continues to trade lower this week although just slightly lower today. Slaughter lambs mostly 8.00 to 10.00 higher with exception on 130 to 140 lb weight range being 3.00 lower. Feeder lambs displayed few comparisons this week with a higher undertone noted. Demand and quality remains strong on the stock coming into the ring ready to head to pasture. Internet buyers and bidders in the seats continue to bid actively on the feeding type quality. Slaughter ewes showed few comparisons as well with a much lower undertone noted. --------------------------------------------------------------- SLAUGHTER SHEEP/LAMBS --------------------------------------------------------------- BUCKS - 1-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 155-190 178 120-170 136.44 Average 7 200-215 210 125-165 137.62 Average 2 265-265 265 120-120 120 Average EWES - Good 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 48 113-138 128 110-130 118.44 Average 12 150-190 167 110-140 127.53 Average EWES - Utility 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 21 124-134 129 85-95 90.04 Average 27 155-189 171 65-95 79.88 Average HAIR BREEDS - Choice and Prime 1-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 53 106-106 106 277.5-277.5 277.5 Average 33 110-116 113 265-280 272.07 Average 30 125-125 125 255-255 255 Average 25 130-130 130 284-284 284 Average 21 156-156 156 284-284 284 Average 4 79-79 79 325-325 325 Average 17 84-88 85 260-320 309 Average WOOLED & SHORN - Choice and Prime 1-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 37 102-107 104 295-325 310.33 Average 179 111-116 114 255-315 285.29 Average 318 120-128 123 273-310 282.72 Average 534 130-138 134 266-288.5 282.49 Average 514 140-149 145 270-287.5 283.74 Average 489 150-167 155 281-286 283.89 Average 42 74-75 74 350-355 350.6 Average 32 84-89 87 325-350 333.25 Average 61 90-98 95 285-312.5 301.2 Average --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 1596-1709 1637 194-199 196.32 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 222 1185-1596 1454 211.75-215.5 213.92 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 1334-1449 1382 216-223 220.63 Average 54 1434-1447 1444 222.5-224 223.61 Average Certified Prgms STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 126 1519-1574 1546 214-216 214.27 Average 184 1615-1747 1680 210-215 212.69 Average Heavy Weight --------------------------------------------------------------- SLAUGHTER GOATS --------------------------------------------------------------- BUCKS/BILLIES - Selection 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 280-280 280 125-125 125 Average KIDS - Selection 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 55 48-49 48 450-465 462.78 Average 14 53-53 53 420-420 420 Average 82 63-63 63 430-430 430 Average 143 72-79 74 370-395 381.63 Average 18 89-89 89 365-365 365 Average 4 99-99 99 350-350 350 Average KIDS - Selection 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 19 43-49 46 350-405 378.67 Average 81 51-55 51 375-410 396.64 Average 86 63-67 63 365-385 375.64 Average 11 80-80 80 335-335 335 Average KIDS - Selection 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 36-36 36 340-340 340 Average 3 73-73 73 300-300 300 Average KIDS - Selection 3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 74-74 74 220-220 220 Average NANNIES/DOES - Selection 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 14 108-134 123 195-210 201.25 Average 6 153-153 153 205-205 205 Average 11 88-88 88 220-220 220 Average NANNIES/DOES - Selection 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 10 125-132 129 170-185 177.7 Average --------------------------------------------------------------- FEEDER SHEEP/LAMBS --------------------------------------------------------------- HAIR BREEDS - Medium 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 29 44-46 45 345-350 347.19 41 61-66 64 340-345 343.38 HAIR LAMBS - Medium 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 2 33-33 33 400-400 400 52 50-58 50 420-425 420.22 65 61-67 65 360-435 401.66 28 73-74 73 385-395 392.83 36 93-98 97 322-325 324.2 LAMBS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 101-101 101 340-340 340 10 41-41 41 400-400 400 33 53-55 55 430-455 431.46 7 63-67 66 405-415 407.73 56 71-74 73 380-392.5 389.19 54 81-85 84 345-350 347.97 25 90-98 94 345-360 353.57 --------------------------------------------------------------- REPLACEMENT SHEEP/LAMBS --------------------------------------------------------------- EWES - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 144-144 144 185-185 185 2 150-150 150 200-200 200
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CORN Strategies Snapshot

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

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 137,595 contracts as of Nov. 3, net-sellers of 63,677 contracts as traders reduced their net-length from early September by 75% as of the most recent CFTC report.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 137,516 contracts as of Nov. 3, and were net-buyers of 52,161 contracts through the CFTC reporting period. The December 2026 contract is priced 13 1/2 cents lower than the March 2027 contract, weakening (more carry) slightly through the week but in an overall strengthening trend since early August. National average corn basis firmed...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a successful week for the livestock contracts! All three of the livestock markets ended the week Friday afternoon in a better position than what the market opened at on Monday morning -- praise God!

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