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USDA Hub City Livestock Wtd Averages

USDA Hub City Livestock Wtd Averages 11/04 17:55 AMS_2020 MARS Hub City Livestock Auction - Aberdeen, SD Hub City Livestock Auction-Aberdeen,SD Livestock Weighted Average Report for 11/04/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2157 6042 3011 A much lighter offering compared to last week with yearlings not well compared and best test on steers calves 550 to 599 lbs 20.00 to 25.00 lower on a narrow comparison. Mostly good demand seen for yearlings today. The bulk of yearlings sold in strings and loads and came out of yards. A handful of packages off grass, mostly tested open heifers. Quality varied quite a bit this week, from plain to attractive, and many carried quite a bit of flesh. Some tag seen at times as some areas received quite a bit of rain on Monday. A light offering of calves with a few cancellations due to muddy road and yard conditions. Moderate to good demand for calves, most of these selling in packages. Calves were attractive in quality and had at least one round of shots. A moderate to active market with the recent decline of the futures complex putting pressure on the market. Next feeder cattle sale is Wednesday, November 11, expecting a much larger offering of calves. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 34 1084-1084 1084 253.5-253.5 253.5 Fleshy 55 1097-1097 1097 274-274 274 50 1175-1175 1175 252.5-252.5 252.5 Fleshy 35 1244-1244 1244 247.5-247.5 247.5 Fleshy HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 353-391 372 440-442.5 441.19 27 419-430 427 427.5-453 444.04 7 455-455 455 422.5-422.5 422.5 70 502-535 521 390-415 409.26 45 560-573 568 384-412.5 389.55 48 615-643 627 352-360 355.59 11 730-730 730 324-324 324 23 812-812 812 318-318 318 40 947-947 947 308-308 308 9 991-991 991 304-304 304 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 168 1004-1049 1024 314.75-316.25 315.69 156 1050-1085 1070 311.75-314.75 312.73 116 1100-1101 1101 302.5-302.5 302.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 13 378-389 384 500-500 500 5 423-423 423 422.5-422.5 422.5 12 457-476 465 422.5-456 441.71 33 510-545 529 430-449 440.88 102 558-596 584 420-435 431.31 109 626-634 633 404-420 419.02 89 667-699 677 381-389 386.05 34 814-833 831 326-335 327.04 132 884-890 887 330.5-336.5 333.51 66 904-904 904 334.5-334.5 334.5 526 957-992 974 317-320.25 317.68
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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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