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USDA ND Weekly Auction Summary

USDA ND Weekly Auction Summary 03/23 08:10 AMS_2100 MARS North Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 03/16/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 6557 4046 6041 Compared to last week: Feeder steers and heifers 5.00 to 15.00 higher. Very good demand for all weights of steers and heifers. The market was very active this week as cattle feeders felt better about the prospects of the fat market as the boxed beef market has risen to new highs for this time of year. Yearling operators and replacement heifer buyers were very active as spring has arrived and turnout time will be coming soon. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 1036-1036 1036 283-283 283 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 408-426 417 495-520 507.23 65 451-497 488 480-510 488.39 70 505-547 530 430-472.5 456.64 220 550-597 576 397.5-458 438.74 168 609-644 626 406-431 416.35 305 652-682 665 380-402.5 391.75 458 651-698 672 375-427.5 400.03 Replacement 237 700-735 723 350-400 380.65 Replacement 104 701-738 728 368-383 371.75 32 752-794 760 343-352 348.45 119 770-793 780 328.5-402 378.98 Replacement 137 828-835 831 321-329 328.18 Replacement 6 913-913 913 301-301 301 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 443-443 443 380-380 380 17 476-486 483 455-457.5 455.72 5 533-533 533 415-415 415 48 580-580 580 382.5-382.5 382.5 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 1066-1066 1066 303.5-303.5 303.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 353-353 353 640-640 640 56 418-443 428 505-640 605.88 26 461-496 479 490-545 525.39 264 500-546 518 485-540 518.91 83 551-597 571 465-499 478.71 594 607-647 627 426-473.25 453.7 543 650-697 667 405-455.5 432.12 469 700-747 734 387-413.5 399.97 558 750-791 766 363-400 386.76 635 800-846 825 330-381.75 366.57 130 879-895 887 355-356.5 355.74 308 934-943 939 320.5-339.5 335.79 197 965-986 975 308-330 317.84 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 443-443 443 580-580 580 43 540-543 541 467.5-485 473.95 24 569-595 585 440-456 450.91 9 659-659 659 430-430 430
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for May corn is revised to higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 375,360 contracts as of March 24, and were net-buyers of 63,018 contracts during the CFTC reporting period as prices rallied on bullish influence from energy markets due to the ongoing war in the Middle East.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 314,222 contracts as of March 24, and were net-sellers of 58,599 contracts through the CFTC reporting period. The May 2026 contract is priced 11 3/4 cents lower than the July 2026 contract, widening (more carry) through the week, and still among the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Livestock futures started the Thursday session with very limited interest, allowing prices to hold limited gains in cattle futures through early hours of trade, but softness developed in feeder cattle and lean hog trade during late morning trade.

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