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USDA Napoleon, ND Wtd Averages

USDA Napoleon, ND Wtd Averages 11/02 09:30 AMS_2098 MARS Napoleon Livestock Auction - Napoleon, ND Napoleon Livestock Auction-Napoleon,ND Livestock Weighted Average Report for 10/29/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1167 1026 0 There were not enough numbers of feeders to make a comparison this week. Today's sale consisted of yearlings and spring calves. There was good demand by the buyers to obtain these feeders this week.Several nice strings of yearlings and spring calves in today's offering. Most feeders were in light to moderate flesh condition. Expecting a larger numbers of calves in next weeks sale. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 647-647 647 250-250 250 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 25 1019-1043 1031 280-289 287.1 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 36 414-429 423 431-465 446.59 77 505-510 509 380-422 410.6 13 560-560 560 362.5-362.5 362.5 64 604-648 631 325-369 345.54 11 700-714 705 300-336 322.74 8 764-764 764 315-315 315 8 890-890 890 290-290 290 88 902-916 905 319-325.5 324.15 15 966-996 988 296-302 297.56 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 482-482 482 380-380 380 7 749-749 749 292-292 292 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 1060-1060 1060 295.5-295.5 295.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 370-370 370 510-510 510 25 414-428 421 508-517 512.61 14 490-490 490 455-455 455 100 513-544 520 427.5-486 467.77 104 557-575 563 423-449 438.2 159 600-649 633 383-419 409.15 41 672-695 683 389-403 395.51 118 700-726 709 356-405 395.4 6 749-749 749 335-335 335 Fleshy 56 761-790 782 328-382 357.25 14 811-811 811 346-346 346 10 946-946 946 323-323 323 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 545-545 545 382.5-382.5 382.5 21 696-696 696 335-335 335 11 723-740 731 300-325 313.49
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Market Strategies

CORN Strategies Snapshot

TREND: The trend in most active corn futures is considered sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 137,595 contracts as of Nov. 3, net-sellers of 63,677 contracts as traders reduced their net-length from early September by 75% as of the most recent CFTC report.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 137,516 contracts as of Nov. 3, and were net-buyers of 52,161 contracts through the CFTC reporting period. The December 2026 contract is priced 13 1/2 cents lower than the March 2027 contract, weakening (more carry) slightly through the week but in an overall strengthening trend since early August. National average corn basis firmed...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a successful week for the livestock contracts! All three of the livestock markets ended the week Friday afternoon in a better position than what the market opened at on Monday morning -- praise God!

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