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USDA Mandan, ND Wtd Averages

USDA Mandan, ND Wtd Averages 01/14 20:00 AMS_2097 MARS Kist Livestock Auction - Mandan, ND Kist Livestock Auction-Mandan,ND Livestock Weighted Average Report for 01/14/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 5272 2756 5173 Compared to last week the market traded mixed with 600 to 650 lbs. steers steady, and 650 to 800 lbs. were 8.00 to 13.00 lower. Feeder heifers 550 to 600 lbs. were 10.00 higher this week. Other weights of steers and heifers did not have enough numbers for comparison this week. Very good demand for today's offering and buyers were bidding to get their orders filled. Most feeders were in light to medium plus flesh conditions. Many nice strings of feeders and several load lots in today's offering. Expecting a nice run of feeders for next weeks sale. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 26 429-448 435 465-515 498.48 77 465-490 482 447.5-480 467.07 120 508-547 527 420-464 451.65 277 550-592 569 407.5-457 426.82 326 603-642 623 375-425 401.67 235 658-696 674 347.5-399 381.15 155 701-746 726 337.5-373.5 353.68 90 781-798 786 330-346 341.31 84 809-828 826 302-337 333.74 149 853-898 889 304.5-315 305.65 19 924-937 933 285-298 293.93 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 405-405 405 490-490 490 10 497-497 497 410-410 410 7 594-594 594 390-390 390 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 400-428 414 560-585 572.08 34 454-462 456 550-562.5 555.37 185 500-537 530 496-551 524.31 235 552-597 567 422-492.5 462.8 169 601-647 625 402-457 445.29 649 651-696 676 382.5-440 416.13 319 703-743 716 384-410 395.87 302 754-778 769 357.5-400 384.98 201 804-825 812 356-364 360.36 202 850-878 868 317.5-355 350.16 238 904-941 922 329-340.5 336.98 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 530-530 530 487.5-487.5 487.5 7 582-582 582 392.5-392.5 392.5 10 678-680 679 357.5-372.5 364.99
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for March corn is sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 51,704 contracts as of Jan. 20 and were net-sellers of 18,281 contracts during the CFTC reporting period following a bearish surprise in the Crop Production and WASDE reports released by USDA on Jan. 12.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 68,044 contracts as of Jan. 20 and were net-buyers of 19,121 contracts through the CFTC reporting period. The March 2026 contract is priced 7 3/4 cents lower than the May 2026 contract, mostly steady through the week. National average corn basis firmed a penny through the week to 35 cents under the March board.

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Commentary

DTN Aghost Early Word Livestock

DTN Aghost Early Word Livestock

Cattle futures are finding sufficient support to push higher on the anticipation of higher cash trade. Feeder cattle led the charge, pushing through resistance. Hogs ran out of steam, correcting for the overbought status.

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