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USDA Ft Pierre SD Wtd Av

USDA Ft Pierre SD Wtd Av 08/28 14:40 AMS_2021 MARS Ft. Pierre Livestock Auction (Friday) - Ft. Pierre, SD Ft. Pierre Livestock Auction-Fort Pierre,SD Livestock Weighted Average Report for 08/28/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 3430 1441 3291 Compared to two weeks ago: Feeder steers 900-1000 lbs 10.00 lower, other weights of steers not well compared. Feeder heifers sold with higher undertones compared to the limited heifer offering last sale. Good demand for yearling steers and heifers, several long strings offered in multiple load lots including 1 cut of 10 full loads. Numerous stock trailer loads of yearlings allowed buyers to put together and make loads. The market was not as active as the cash fed cattle market has slipped down around 220.00, some below, leaving cattle feeders facing losses on outgoing fed cattle. The current price structure of the deferred months of the Live Cattle contracts are putting much pressure on the feeder cattle market. Flesh condition ranged from very light to moderate, as the drought continues to be very severe, forcing cattle to town sooner and some producers having to put out supplemental feed. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 130 1000-1033 1020 298-312 307.95 11 1064-1078 1072 295-298 296.35 40 1108-1147 1131 282-288 284.98 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 74 776-776 776 368-368 368 Thin Fleshed 21 779-779 779 350-350 350 595 851-899 870 317-329 321.25 345 904-947 924 309-328 316.17 677 958-988 981 291.5-322 296.12 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 637-637 637 345-345 345 43 928-937 936 289-292 289.42 18 950-950 950 306-306 306 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 81 1002-1034 1027 301-317 307.07 6 1092-1092 1092 284-284 284 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 105 805-825 818 344-352 349.38 701 917-932 922 334-335.5 334.99
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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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