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USDA Ft Pierre SD Wtd Av

USDA Ft Pierre SD Wtd Av 12/05 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 12/05/2025 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 4591 6500 6470 Compared to two weeks ago: steer calves from 450 lbs to 499 lbs were 6.00 to 10.00 higher, steers from 500 lbs to 699 lbs were 15.00 to 20.00 higher, instances of 25.00 higher, heifer calves from 500 lbs to 599 lbs were 10.00 to 15.00 higher. No other comparisons available. No comparisons on yearlings due to limited numbers. A big run of cattle with a house full of people. Nice run of yearlings with most off grass, moderate flesh conditions, and attractive for quality. Several consignments of yearlings offered in load lots, up to 8 loads per consignment, plenty of part loads and packages available as well. An active market on the yearlings and they were met with moderate demand. Good demand and an active market for todays offering of spring born calves. Most of the calves were right off the cows, fully vaccinated and were attractive for quality. Over all there was good demand for todays offering of yearlings and calves with lots of buyer interest on the internet competing with order buyers and a few farmer feeders in the seats. A positive week for the futures market has given buyers a little more optimism than we've seen in the past few weeks. Next feeder sale is scheduled for Friday, December 12, 2025 featuring weaned calves. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 110 1006-1043 1033 288-311 299.04 38 1135-1135 1135 289.5-289.5 289.5 10 1164-1164 1164 270-270 270 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 339-339 339 520-520 520 31 377-399 390 477.5-492.5 483.47 35 407-410 408 487.5-495 492.63 59 452-493 463 420-473 453.07 267 500-537 518 407.5-442 425.68 103 537-537 537 469-469 469 Replacement 92 550-581 563 392.5-425 412.13 5 566-566 566 371-371 371 Full 269 559-584 576 410-427 415.34 Replacement 87 628-628 628 464-464 464 Replacement 93 613-647 635 355-382.5 370.01 79 720-720 720 337-337 337 102 766-779 770 329-342 337.87 18 819-819 819 330-330 330 Full 140 826-826 826 357-357 357 Spayed 32 857-867 863 320-339 328.86 565 851-889 884 352.25-360 353.19 Spayed 66 913-913 913 336-336 336 Spayed 125 913-922 920 318-348 343 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 287-287 287 520-520 520 10 388-388 388 380-380 380 35 473-473 473 400-400 400 7 719-719 719 287.5-287.5 287.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 21 368-393 387 520-540 530.63 57 411-441 425 507.5-525 521.69 11 478-479 478 427.5-455 440.01 Full 139 458-499 493 498-505 501.76 8 509-509 509 438-438 438 Full 197 511-548 534 464-499 475.33 414 552-590 568 441-481 462.5 34 587-587 587 430-430 430 Full 442 602-637 624 422-440 430.63 399 652-684 667 372.5-422 411.83 95 704-709 705 364-396 392.61 5 983-983 983 284-284 284 Full STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 433-433 433 430-430 430 35 498-498 498 432.5-432.5 432.5 55 568-599 574 392-423 416.53 7 691-691 691 352-352 352 39 730-730 730 354-354 354
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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-long futures position of 120,900 contracts as of Nov. 18, an increase of 77,887 contracts during the CFTC reporting period.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 84,962 contracts as of November 18, the most recent CFTC data. The March 2026 contract is priced 8 1/4 cents lower than the May 2026 contract, a spread that was slightly wider through the week. DTN's National Corn Index implies a corn basis of 41 cents under the March board, a penny firmer through the week.

SEASONAL INDEX: Corn prices tend to peak in early June and bottom in early...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex rounded out the day mixed as the cattle contracts dipped lower, but the lean hog contracts continued to rally through the week's end. No new cash cattle trade was noted. March corn is down 5 3/4 cents per bushel and January soybean meal is up $0.40.

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