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USDA Ft Pierre SD Wtd Av

USDA Ft Pierre SD Wtd Av 05/23 22:00 AMS_2021 MARS Ft. Pierre Livestock Auction (Friday) - Ft. Pierre, SD Ft. Pierre Livestock Auction-Fort Pierre,SD Livestock Weighted Average Report for 05/23/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 5440 6917 5848 Compared to two weeks ago: best test on steers is from 800 lbs to 899 lbs were mostly 2.00 to 6.00 higher, lighter weight classes had lower undertones on limited comparisons; heifers from 600 lbs to 749 lbs were steady with instances of 6.00 higher, heifers from 700 lbs to 799 lbs were 4.00 to 6.00 lower, heifers from 800 lbs to 849 lbs were 4.00 to 6.00 higher. No other comparisons available. Muddy roads in the area caused several cancellations, although there was still a large run of cattle for todays auction. Plenty of fall calves, weaned or unweaned offered mostly in part loads and packages. Multiple consignments of reputation replacement heifers were offered in multiple loads, up to 6 loads in the same sort. Bigger background cattle destined for the finishing yard were in very good demand with multiple consignments offered in multiple loads, with two consignments of 9 loads of the same sort. Flesh conditions ranged from light fleshed cattle that had been turned out on pasture to moderate plus coming out of a grow yard. A very active market on all classes of cattle with internet buyers competing with the order buyer and farmer feeders that were in attendance. Best demand was on the light fleshed cattle suitable for summer grazing operations. Much needed moisture in the area has been very welcomed by producers as prospects for summer grazing is greatly improved, with more moisture forecasted for the weekend. Cattle on feed report this afternoon came out about as projected. Have a good Memorial weekend and Thank You Veterans for your service. Next feeder sale will be June 6th, the 28th annual WLAC Anniversary Sale, expecting over 12,000 cattle. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 27 600-600 600 343-343 343 BULLS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 20 413-413 413 442.5-442.5 442.5 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 18 373-373 373 422.5-422.5 422.5 60 470-480 475 385-402.5 393.22 69 502-529 512 365-395 388.23 29 553-553 553 351-351 351 123 608-641 634 334-345 336.32 171 652-697 669 312-329 322.77 19 692-692 692 312-312 312 Replacement 293 707-744 726 300-319.5 307.88 351 753-799 766 304-323 309.67 Replacement 176 751-780 767 279-308 300.08 199 806-845 829 279.5-291 283.85 66 841-841 841 304-304 304 Replacement 120 851-860 856 281-289 285.02 348 854-870 859 289.5-323 296.22 Replacement 9 893-893 893 256-256 256 Fleshy 51 929-929 929 280-280 280 Replacement HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 383-383 383 440-440 440 10 628-628 628 319-319 319 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 24 398-398 398 497.5-497.5 497.5 10 413-413 413 475-475 475 16 493-493 493 448-448 448 69 504-545 537 417-435 421.07 60 538-538 538 470-470 470 Unweaned 42 575-575 575 389-389 389 105 622-647 645 364-378 371.72 87 659-690 671 348.5-366 352.88 154 703-729 713 331-342 340.19 223 750-799 782 320-350 334.7 5 792-792 792 315-315 315 Full 803 801-847 830 313.25-322 318.53 566 857-886 865 306.5-316.5 312.51 61 925-935 928 284-290.5 288.57 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 347-347 347 520-520 520 9 527-527 527 337.5-337.5 337.5 8 831-831 831 260-260 260
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CORN Strategies Snapshot

TREND: The trend for July corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 95,494 contracts as of June 10, an increase of 14,435 contracts as solid crop conditions and friendly weather kept sellers active during the CFTC reporting period.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 114,551 contracts as of June 10, an increase of 9,826 contracts, week-over-week. The July 2025 contract is priced 16 cents higher than the September 2025 contract, a spread that strengthened significantly over the past week. DTN's National Cash Index indicated that corn basis firmed over the most recent week to 22 cents under the July board, an improvement of 1 cent on the...

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Commentary

DTN Ag Host Midday Livestock

DTN Ag Host Midday Livestock

Traders' concerns about the livestock complex being overbought and over-extended have resurfaced today as all three of the livestock markets are trading lower into Tuesday's noon hour. Southern asking prices are noted at $238 plus, but no trade has developed yet.

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