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USDA Mitchell, SD Wtd Averages

USDA Mitchell, SD Wtd Averages 08/27 12:35 AMS_2022 MARS Mitchell Livestock Auction - Mitchell, SD Mitchell Livestock Auction-Mitchell,SD Livestock Weighted Average Report for 08/27/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 574 1676 752 Compared to a week ago: Due to the uncertainty of the beef market some of the consignors canceled for today. Trend not applicable. A higher undertone was noted on lighter steers, Steers 1000-1050 lbs. were 2.00 higher. A unevenly steady undertone was noted on heifers. Demand was good. Most lots were in big numbers today. The next feeder cattle auction will be Sept. 3rd, starting at 10:00 am. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 469-469 469 385-385 385 4 538-538 538 402.5-402.5 402.5 14 707-707 707 334-334 334 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 1214-1214 1214 214-214 214 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 610-610 610 342-342 342 11 662-662 662 352.5-352.5 352.5 6 727-727 727 330-330 330 6 767-767 767 320-320 320 5 981-981 981 289-289 289 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 698-698 698 327-327 327 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 241 1003-1043 1016 294-302.25 299.64 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 706-727 714 379-383 381.37 5 752-752 752 362-362 362 28 883-883 883 328.5-328.5 328.5 116 977-977 977 313.75-318 315.66 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 634-634 634 380-380 380
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CORN Strategies Snapshot

TREND: The trend in most active corn futures is revised to higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 542,999 contracts as of Sept. 8, closing in on the all-time record of 547,677 contracts set in late January of 2021. Traders were net-buyers of 6,256 contracts as bullish momentum picked up on lower U.S. yield forecasts as well as Black Sea grain supplies being cut off by recent attacks against shipping infrastructure.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 470,605 contracts as of Sept. 8 and were net-buyers of 6,216 contracts through the CFTC reporting period. The December 2026 contract is priced 15 cents lower than the March 2027...

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Commentary

DTN AgHost Midday Livestock Comments

DTN AgHost Midday Livestock Comments

Livestock futures have remained generally quiet early Friday morning, with increased focus on the afternoon release of the cattle on feed report. Although limited additional cash market activity is expected to be seen until late afternoon, the early movement of steady price levels from last week's levels may set the overall trend of the market for the week.

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