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USDA ND Weekly Auction Summary

USDA ND Weekly Auction Summary 04/26 10:00 AMS_2100 MARS North Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 04/20/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 3489 1927 7236 Compared to last week: Feeder steers and heifers sold with lower undertones. Good demand for light cattle to background, very good demand for replacement quality heifers, moderate to good for heavier cattle bound for finishing yards. As the cash fat cattle market slipped from it's highs of 250.00 a week ago, and reports of 244.00-246.00 came in at early week, cattle feeders approached the feeder market a little slower this week. CME cattle futures lower at midweek kept them concerned as breakeven costs are higher than the futures contracts. Good moisture across the state for the year, as North Dakota is 1 of only 2 states that aren't experiencing some level of drought. This is fact, along with the lofty feeder cattle market, is keeping interest in breeding heifers very high. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 489-489 489 537.5-537.5 537.5 17 615-615 615 452.5-452.5 452.5 HEIFERS - Medium 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 697-697 697 350-350 350 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 344-344 344 585-585 585 14 385-388 387 540-545 541.06 21 431-443 435 513.5-545 534.31 96 461-493 483 442.5-490 476.71 189 512-547 527 430-474 455.32 20 551-551 551 507.5-507.5 507.5 Fancy 112 560-590 574 421-440 432.35 170 616-647 631 401-460 427.33 175 653-694 679 363-402 376.48 23 664-687 680 375-405 385.33 Replacement 63 703-736 717 352-376 366.22 16 710-743 722 382.5-410 399.39 Replacement 97 750-795 769 341.5-360 351.55 161 750-798 776 325-378 360.72 Replacement 144 813-845 819 336-347 342.33 136 802-838 825 330-367.5 345.16 Replacement 13 873-879 875 309-317 313.91 60 904-904 904 332-332 332 Replacement HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 366-366 366 510-510 510 4 401-401 401 510-510 510 Thin Fleshed 14 484-487 485 425-465 439.34 4 530-530 530 425-425 425 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 25 424-439 433 575-620 596.8 63 451-485 471 530-585 560.84 41 501-546 527 510-540 526.82 72 551-592 575 475-542 510.77 64 601-623 615 451-470 456.57 35 658-671 665 412-463 426.17 50 700-730 710 402-435 420.1 79 754-789 767 375-391.5 386 40 812-822 818 367-376 370.35 25 874-874 874 345-345 345 Fleshy 258 864-893 875 365-379 376.94 100 916-944 920 324.5-365.5 349.87 8 989-989 989 313.5-313.5 313.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 572-572 572 475-475 475 20 600-644 627 415-455 431.9 3 655-655 655 402.5-402.5 402.5 27 742-742 742 377.5-377.5 377.5
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CORN Strategies Snapshot

TREND: The trend for July corn is higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 383,537 contracts as of May 12 and were net-sellers of 49,847 contracts during the CFTC reporting period as traders booked profits on length amid renewed peace efforts in the Middle East and few issues for U.S. planting thus far.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 259,956 contracts as of May 12 and were net-buyers of 108,892 contracts through the CFTC reporting period. The July 2026 contract is priced 7 1/2 cents lower than the September 2026 contract, widening (more carry) through the week and to the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex ended the day mixed, with the cattle contracts able to rally mildly through the day's end, while the lean hog contracts continue to struggle. Still no cash cattle trade has developed.

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