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USDA Worthing, SD Slaughter Cattle Auction

USDA Worthing, SD Slaughter Cattle Auction 04/23 12:25 AMS_2016 MARS Sioux Falls Regional Livestock Auction - Worthing, SD Sioux Falls Regional Livestock-Worthing,SD Livestock Weighted Average Report for 04/23/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 527 556 731 SLAUGHTER SHEEP/LAMBS 1309 3079 1241 SLAUGHTER GOATS 315 240 244 FEEDER SHEEP/LAMBS 72 211 10 Compared to last week: Slaughter steers and heifers 3.00 to 5.00 higher. Very good demand for this lighter, seasonal offering. Four full loads, balance part loads and stock trailer loads. Cattle continue to be very attractive and eye appealing as they are carrying such a high degree of finish and they have clean hides. The market was active as packer buyers were quick to bid to get the cattle bought that they need. The CME Live Cattle futures continues to trade higher, which is lending support to the market. Slaughter lambs under 100 lbs 15.00 to 30.00 higher, over 100 lbs 10.00 to 15.00 higher. Slaughter ewes steady to 5.00 higher. Improved demand for slaughter lambs this week, after the large volume offered a week ago. Good demand for slaughter ewes. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 20 1542-1628 1570 183-187 184.72 Average DAIRY/BEEF HEIFERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1375-1375 1375 210-210 210 Average Certified Prgms DAIRY/BEEF HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1500-1500 1500 214.5-214.5 214.5 Average DAIRY/BEEF STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1490-1490 1490 215-215 215 Average Certified Prgms DAIRY/BEEF STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 47 1505-1641 1601 215.5-220 217.65 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 1343-1510 1399 218-221 219.92 Average Natural 87 1388-1457 1405 216-220.25 218.82 Average 20 1463-1609 1546 215.5-224 220.07 Average Certified Prgms STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 1388-1451 1437 221-223 222.57 Average Natural 9 1478-1478 1478 219-219 219 Average 6 1483-1483 1483 216-216 216 Average Certified Prgms STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 42 1574-1574 1574 220-220 220 Average 18 1558-1628 1601 221-222 221.38 Average Certified Prgms 95 1623-1738 1656 216.5-218.5 217.95 Average Heavy Weight --------------------------------------------------------------- SLAUGHTER SHEEP/LAMBS --------------------------------------------------------------- BUCKS - 1-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 228-230 229 115-115 115 Average 1 230-230 230 65-65 65 Low EWES - Cull 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 8 126-126 126 80-80 80 Average EWES - Good 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 158 153-195 171 90-125 98.34 Average EWES - Good 4-5 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 25 213-245 223 65-95 84.65 Average 2 250-285 268 60-75 67.01 Average EWES - Utility 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 122 115-147 140 80-120 98.64 Average 5 158-158 158 65-65 65 Low 52 151-174 159 80-105 91.39 Average HAIR BREEDS - Choice and Prime 1-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 70-70 70 275-275 275 Average HAIR EWES - Utility 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 118-135 127 90-110 99.33 Average WOOLED & SHORN - Choice 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 76-76 76 235-235 235 Average WOOLED & SHORN - Choice and Prime 1-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 119-119 119 245-245 245 Average 3 128-128 128 230-230 230 Average 22 136-136 136 197.5-197.5 197.5 Average 239 142-148 145 185-210 198.99 Average 57 51-57 54 270-280 272.6 Average 94 60-65 63 250-290 264.53 Average 86 71-77 72 245-265 257.5 Average 226 80-89 82 240-280 255.07 Average 129 93-99 98 250-270 268.66 Average --------------------------------------------------------------- SLAUGHTER GOATS --------------------------------------------------------------- BUCKS/BILLIES - Selection 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 113-135 124 160-235 200.83 Average 1 240-240 240 230-230 230 Average 2 88-88 88 110-110 110 Average Pygmies 1 95-95 95 230-230 230 Average BUCKS/BILLIES - Selection 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 78-78 78 130-130 130 Average 4 81-81 81 200-200 200 Average BUCKS/BILLIES - Selection 3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 225-225 225 175-175 175 Average 10 84-84 84 235-235 235 Average KIDS - Selection 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 47-47 47 405-405 405 Average 93 55-55 55 460-460 460 Average 21 61-61 61 425-455 445 Average 7 70-70 70 415-415 415 Average KIDS - Selection 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 66-66 66 400-400 400 Average 13 80-80 80 395-395 395 Average KIDS - Selection 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 70-70 70 250-250 250 Average KIDS - Selection 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 59-59 59 250-250 250 Average NANNIES/DOES - Selection 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 130-130 130 155-155 155 Average 4 165-177 174 120-130 122.37 Average NANNIES/DOES - Selection 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 114-114 114 135-135 135 Average 2 78-78 78 120-120 120 Average NANNIES/DOES - Selection 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 1 135-135 135 130-130 130 Average 2 65-65 65 115-115 115 Average NANNIES/DOES - Selection 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 10 105-115 109 70-135 105.81 Average 7 80-86 83 95-100 97.05 Average NANNIES/DOES - Selection 3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 63 107-122 112 105-110 106.9 Average 4 61-61 61 85-85 85 Average WETHER KIDS - Selection 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 168-168 168 105-105 105 Average WETHERS - Selection 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 8 95-95 95 355-355 355 Average WETHERS - Selection 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 2 108-108 108 285-285 285 Average 5 79-79 79 375-375 375 Average --------------------------------------------------------------- FEEDER SHEEP/LAMBS --------------------------------------------------------------- LAMBS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 18 26-26 26 265-265 265 2 38-38 38 275-275 275 52 47-47 47 275-275 275
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is sideways.

NONCOMMERCIAL OUTLOOK: Noncommercial traders held a net-long futures position of 219,843 contracts of corn as of April 22, a decrease of 14,339 contracts week over week as traders booked some profits on longs following a strong rally in corn price the prior week.

COMMERCIAL OUTLOOK: Commercial corn traders held a net short position of 161,479 contracts as of April 22, a decrease of 17,620 contracts week over week. The May 2025 contract is priced 6 3/4 cents below the July 2025 contract, a slight narrowing in the spread from last week. DTN's National Corn Basis continued to climb over the past week to 33 cents under the July board, an improvement of 1 cent week over week.

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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a fruitful day for the livestock complex as all three of the markets ended the day stronger. It was especially a big-hitting week for the cattle complex as traders pushed the contracts higher through Friday's close thanks to the added support of yet-again record-breaking cash cattle prices.

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