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USDA Hub City Livestock Wtd Averages

USDA Hub City Livestock Wtd Averages 05/06 16:50 AMS_2020 MARS Hub City Livestock Auction - Aberdeen, SD Hub City Livestock Auction-Aberdeen,SD Livestock Weighted Average Report for 05/06/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 3980 3590 5699 Compared to last week: steers 850 to 899 lbs and 950 to 999 lbs 6.00 to 10.00 higher with instances up to 15.00 higher on 850 to 899 lbs, 900 to 949 lbs mostly steady, 1000 to 1049 lbs 3.00 to 5.00 lower. Heifers not well compared. Very good demand for this offering. Like last week, most of the cattle offered were big, finishing types selling in loads and strings. Several loads and packages of replacement heifers in the mix and these are easy to sell as turn out time is here. Flesh condition ranged from moderate to heavy. An active market with buyers interested in multiple loads to fill pens. Next feeder cattle sale is Wednesday, May 13. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 422-422 422 555-555 555 10 455-455 455 530-530 530 4 536-536 536 455-455 455 50 564-599 591 436-442.5 438.55 12 608-634 619 397.5-433 417.85 143 650-686 673 400-414 408.7 65 686-696 693 395-395 395 Fleshy 127 716-744 728 370-393 384.17 76 758-758 758 2950-2950 2950 Replacement 131 768-791 783 360-373 364.86 37 793-793 793 355-355 355 Fleshy 96 800-813 804 349-362 353.21 127 803-848 831 2885-3140 3023.51 Replacement 27 860-897 876 324-350 338.17 137 873-894 883 2970-3230 3050.66 Replacement 41 925-946 932 317-321 318.19 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 646-646 646 387-387 387 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 305 1014-1034 1025 334.5-342.5 337.76 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 461-461 461 562.5-562.5 562.5 6 520-520 520 527.5-527.5 527.5 28 553-591 574 495-510 505.71 89 618-648 642 430-459 444.52 25 650-650 650 441-441 441 Unweaned 24 650-656 654 459-469 465.69 7 671-671 671 432-432 432 Fleshy 110 718-719 719 424-436 427.81 70 756-798 776 394.5-420 402.63 197 803-843 824 388-400 392.14 72 843-843 843 360.5-364 362.64 Fleshy 199 858-891 877 357-382.5 370.81 19 896-896 896 349-349 349 Fleshy 404 900-947 922 351.5-366.5 359.74 806 950-994 964 341-360.5 353.71 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 798-798 798 362-362 362
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 383,537 contracts as of May 12 and were net-sellers of 49,847 contracts during the CFTC reporting period as traders booked profits on length amid renewed peace efforts in the Middle East and few issues for U.S. planting thus far.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 259,956 contracts as of May 12 and were net-buyers of 108,892 contracts through the CFTC reporting period. The July 2026 contract is priced 7 1/2 cents lower than the September 2026 contract, widening (more carry) through the week and to the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex ended the day mixed, with the cattle contracts able to rally mildly through the day's end, while the lean hog contracts continue to struggle. Still no cash cattle trade has developed.

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