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USDA ND Weekly Auction Summary

USDA ND Weekly Auction Summary 11/02 09:30 AMS_2100 MARS North Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 10/26/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 9978 7654 7446 Compared to last week: Steer and heifer calves mostly 6.00 to 10.00 higher. Very good demand for steer and heifer calves as more cattle feeders and yearling operators are ready to take on stock and buying these good light weight, light fleshed calves when they are available. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 405-405 405 455-455 455 25 508-542 526 370-425 395.51 17 656-665 662 270-300 278.74 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 52 1050-1087 1056 265-287 283.08 HEIFERS - Medium 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 469-469 469 362-362 362 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 66 311-346 337 470-560 529.44 11 359-359 359 522.5-522.5 522.5 Thin Fleshed 128 352-398 374 455-524 493.6 362 401-448 426 410-505 468.12 459 450-497 471 370-472.5 436 30 506-506 506 445-445 445 Thin Fleshed 770 501-549 517 380-449 414.51 497 550-598 570 362.5-409 394.03 88 581-581 581 451.5-451.5 451.5 Replacement 206 604-648 628 325-378 357.94 37 686-686 686 349-349 349 71 700-728 711 300-349.5 343.95 17 764-799 783 315-330 323.11 23 812-824 817 320-335 325.92 21 879-890 883 290-295 293.08 186 902-942 913 299-325.5 316.68 36 950-999 981 296-310 299.57 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 413-413 413 420-420 420 57 473-498 488 380-425 408.37 18 522-543 533 357.5-398 378.15 61 565-596 575 315-370 339.72 19 610-634 628 327.5-333 328.91 7 749-749 749 292-292 292 6 827-827 827 312.5-312.5 312.5 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 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 446-446 446 400-400 400 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 35 305-342 328 560-640 591.2 8 367-367 367 557-557 557 Thin Fleshed 151 358-396 377 502.5-612 562.91 274 407-442 429 460-552.5 516.25 42 453-456 454 510-515 511.79 Thin Fleshed 570 453-497 473 428-530.5 496.52 1076 503-548 527 422.5-487.5 460.22 902 551-596 574 409-459 441.89 1020 600-649 625 383-443 415.76 323 650-696 675 365-410 396.73 240 700-731 718 356-405 392.75 6 749-749 749 335-335 335 Fleshy 156 751-790 764 328-391 377.3 21 810-811 811 346-347.5 346.5 10 946-946 946 323-323 323 11 976-976 976 305-305 305 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 333-333 333 520-520 520 6 367-367 367 545-545 545 71 403-444 427 473-517.5 493.63 21 484-496 489 447-455 450.48 25 530-545 537 382.5-415 399.61 7 559-559 559 370-370 370 8 604-604 604 380-380 380 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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