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USDA Mobridge, SD Fdr Cattle Wtd Avg Report

USDA Mobridge, SD Fdr Cattle Wtd Avg Report 01/15 16:10 AMS_2025 MARS Mobridge Livestock Exchange (Thursday) - Mobridge, SD Mobridge Livestock Exchange-Mobridge,SD Livestock Weighted Average Report for 01/15/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 4156 1246 4202 Compared to last week: best test on steer calves 550 to 599 lbs and 650 to 699 lbs 10.00 to 20.00 higher, 600 to 649 lbs mostly steady, 700 to 749 lbs 2.00 to 6.00 higher. Heifer calves not well tested last week for comparison. A much larger offering than last week with many loads and packages of home raised calves available and met with good to very good demand. A little over 500 head of calves were still coming off the cow, but these calves were attractive and green and saw no discounts. The balance of the calves were long time weaned and most had good vaccinations. Flesh condition and quality were attractive with most calves in light to moderate plus flesh, clean hided and open haired. An active market with buyers, farmer feeders and also some producers and bull breeders in the seats for some reputation replacement heifers. Windy conditions today and through the weekend with some snow possible which could impact travel and moving livestock. Bred cattle and weigh ups for next week's sale, next feeder cattle sale will be Thursday, January 29. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 336-336 336 525-525 525 64 356-369 363 540-560 545.52 52 406-442 430 495-530 515.98 98 454-494 479 460-505 487.2 89 502-546 522 430-455 444.42 183 551-598 576 401-445 430.02 80 603-603 603 507-507 507 Replacement 241 600-642 611 396-435 420.92 234 650-674 665 450-475 467.68 Replacement 217 669-693 676 382.5-407.5 397.36 21 724-724 724 370-370 370 91 752-770 762 389.5-420 402.73 Replacement HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 374-374 374 515-515 515 4 449-449 449 470-470 470 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 52 1114-1114 1114 310-310 310 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 344-344 344 630-630 630 35 362-397 378 590-622 600.52 78 407-437 423 570-605 579.95 77 489-495 490 537.5-586 575.19 42 507-507 507 596-596 596 Thin Fleshed 222 500-543 532 529-542.5 537.77 420 551-599 585 462.5-507 487.74 349 602-636 623 446-480 460.46 466 650-693 680 411-446 435.2 332 700-724 713 401-420 412.48 211 763-789 782 370-392.25 383.06 140 803-816 809 373.5-373.5 373.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 22 430-441 433 505-535 511.95 18 461-461 461 525-525 525 14 543-543 543 515-515 515 13 570-570 570 440-440 440 82 611-645 623 432.5-437 434.09
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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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