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USDA Dickenson, ND Wtd Avg-Stockman's

USDA Dickenson, ND Wtd Avg-Stockman's 01/15 17:55 AMS_2099 MARS Stockmen's Livestock Exchange - Dickinson, ND Stockmen's Livestock Exchange-Dickinson,ND Livestock Weighted Average Report for 01/15/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 3247 3634 3903 Compared to last week: Feeder steers and heifers unevenly steady. Very good demand for this large offering of high quality, home raised steers and replacement quality heifers. There were many strings of replacement type heifers that sold very easily, the market was extremely active as there were plenty of buyers wanting to get these heifers bought Fewer yearling making type steers and heifers, many more weighing 600 lbs plus that are suitable for feedyards. Flesh condition wasn't as light as it has been as cattle are weaned and on a growing ration and the weather has been extremely mild for January. Cattle futures continue to make good gains, helping to support the feeder cattle market. Next feeder cattle sale will be Jan 22, 2026. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 575-575 575 400-400 400 9 768-768 768 332-332 332 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 307-338 323 520-550 534.28 9 362-373 369 550-585 561.44 15 401-448 417 525-570 553.87 81 452-478 467 470-525 500.44 15 517-517 517 410-410 410 Fleshy 46 506-538 520 435-487 464.55 57 554-554 554 452-452 452 Replacement 160 552-594 571 390-430 417.27 116 600-628 611 420-429 425.16 Replacement 101 603-637 621 380-414 405.22 26 661-684 669 374-375 374.73 104 690-697 692 379-445 422.58 Replacement 102 701-741 715 360-413 383.46 Replacement 19 721-721 721 349-349 349 5 729-729 729 323-323 323 Fleshy 9 772-772 772 343-343 343 Replacement 7 783-783 783 332.5-332.5 332.5 113 806-847 828 340-344 341.83 Replacement 14 845-845 845 331-331 331 9 883-883 883 302-302 302 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 39 435-445 439 550-605 569.59 35 456-489 477 500-555 532.73 215 513-548 542 482.5-525 499.99 10 543-543 543 475-475 475 Fleshy 79 562-589 575 456-481 474.61 154 605-640 628 421-450 441.69 311 653-696 671 404-437.5 416.17 192 702-748 728 366-408 392.52 346 753-794 778 364-401 378.81 11 781-781 781 345-345 345 Fleshy 63 811-811 811 370.5-370.5 370.5 31 924-924 924 333.5-333.5 333.5
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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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