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USDA ND Weekly Auction Summary

USDA ND Weekly Auction Summary 01/16 10:00 AMS_2100 MARS North Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 01/12/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 13952 12448 14946 Compared to last week: Feeder steers unevenly steady, heifers 7.00 to 15.00 higher. Very good demand for all weights of steers and heifers, best demand on heifers were those of replacement quality. The market was incredibly active on those light weight, yearling making steers and heifers and for those replacement worthy heifers. Cattle to grow into yearlings are more limited in numbers, compared to the bigger cattle bound for feedyards, which is keeping the light cattle market red hot. Plenty of buyers on the seats wanting to buy a heifer to breed as there is rampant optimism amongst cattle producers. --------------------------------------------------------------- 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 - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 1055-1055 1055 275-275 275 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 21 307-346 336 520-585 568.86 17 362-396 378 550-585 559.2 90 401-448 423 465-570 527.33 245 452-498 478 447.5-525 484.18 37 510-510 510 475-475 475 Fancy 15 517-517 517 410-410 410 Fleshy 313 505-547 524 420-487 457.19 57 554-554 554 452-452 452 Replacement 933 550-594 569 390-457 425.96 116 600-628 611 420-429 425.16 Replacement 740 603-642 624 375-425 407.52 551 650-696 672 347.5-409 388.06 104 690-697 692 379-445 422.58 Replacement 102 701-741 715 360-413 383.46 Replacement 339 701-746 718 337.5-373.5 359.92 5 729-729 729 323-323 323 Fleshy 37 760-772 763 343-375 367.12 Replacement 201 758-798 781 330-360 340.8 126 804-845 828 302-347.5 334.69 126 804-845 828 302-347.5 334.69 179 850-898 884 302-319 306.97 55 919-937 924 285-314 307 37 962-962 962 301-301 301 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 14 694-694 694 367-367 367 23 767-770 768 323-325 324.13 21 810-846 836 295-300 296.38 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 1119-1119 1119 285-285 285 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 306-348 324 600-620 610.79 17 355-390 378 545-600 571.96 67 400-445 433 550-605 572.72 142 454-489 469 500-562.5 538.1 17 475-475 475 580-580 580 Fancy 5 504-504 504 540-540 540 Fancy 614 500-549 534 480-551 508.12 10 543-543 543 475-475 475 Fleshy 688 551-598 572 422-492.5 469.87 785 600-647 623 402-460 447.51 44 654-654 654 442-442 442 Fancy 1460 651-699 677 382.5-440 414.48 831 700-748 723 366-410 393.99 851 751-795 772 357.5-401 382.02 11 781-781 781 345-345 345 Fleshy 495 803-839 815 337.5-370.5 363.69 52 860-860 860 371-371 371 Fancy 260 850-887 870 317.5-360.5 349.5 355 904-941 924 323.5-345 335.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 352-352 352 530-530 530 19 483-484 483 500-500 500 11 530-530 530 487.5-487.5 487.5 7 582-582 582 392.5-392.5 392.5 22 604-646 617 421-422.5 421.5 19 678-692 685 357.5-392.5 378.15 6 793-793 793 342.5-342.5 342.5
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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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