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USDA South Dakota Weekly Auction Summary

USDA South Dakota Weekly Auction Summary 03/16 08:55 AMS_2027 MARS South Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 03/09/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 928 1126 1610 FEEDER CATTLE 19381 24360 24635 Compared to last week: Feeder steers and heifers 5.00 to 10.00 lower, instances of 15.00 to 20.00 lower. Good demand yet for steers and heifers but there is a lot of uncertainty in the marketplace currently, and that led to a lower feeder cattle market. Cash fed cattle have slipped down to 235.00-237.00, which is the opposite direction cattle feeders were expecting this spring as they have historically seen the market make it's yearly high in the spring. With the outside market pressure as well, cattle feeders were determined to buy cattle lower. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 52 1395-1555 1479 225-230.25 229.02 Average BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1585-1585 1585 229-229 229 Average DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1500-1500 1500 214-214 214 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 43 1258-1550 1415 230-233.5 231.58 Average 98 1398-1567 1495 227-236 230.9 Average Certified Prgms HEIFERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 24 1733-1733 1733 233-233 233 Average STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 257 1531-1559 1549 231.5-238.5 235.31 Average 62 1539-1706 1629 228-234 232.42 Average Certified Prgms 68 1625-1676 1643 229.75-235 233.11 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 18 1360-1372 1367 231-241 235.42 Average Return to Feed --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BEEF/DAIRY STEERS - Medium and Large 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 835-835 835 281-281 281 BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 476-476 476 507.5-507.5 507.5 5 641-641 641 395-395 395 37 665-694 683 369-403 384.94 18 824-824 824 331-331 331 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 1012-1012 1012 265-265 265 4 1111-1111 1111 261-261 261 Fleshy 48 1138-1138 1138 265.5-265.5 265.5 148 1169-1172 1171 265.5-265.5 265.5 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 27 350-395 362 505-535 522.64 42 432-448 440 483-512.5 499.9 102 455-498 473 445-509 478.22 193 505-542 526 395-464 439.01 258 553-597 570 397.5-449 425.48 397 600-648 628 345-418 401.1 1040 652-699 678 336-401 380.76 61 673-690 679 365-431 406.82 Replacement 802 700-749 732 342-402.5 365.14 171 733-748 741 350-422 409.88 Replacement 177 766-768 767 362.5-397 380.35 Replacement 839 760-798 772 324.5-360 352.07 116 775-797 782 302.5-330 328.43 Fleshy 454 801-834 809 349-362.5 353.51 Replacement 765 800-848 820 319-344 330.68 30 833-833 833 311-311 311 Fleshy 657 854-896 873 296-338 325.34 13 891-891 891 311-311 311 Fleshy 115 908-929 911 293-300 295.67 75 953-992 963 271.5-314 302.33 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 23 527-542 530 355-412.5 402.27 40 599-599 599 393-393 393 65 629-629 629 367.5-367.5 367.5 14 633-633 633 345-345 345 Fleshy 26 670-671 670 345-357.5 347.89 87 742-746 743 333-344 341.59 3 798-798 798 270-270 270 47 828-840 830 280-301 296.93 23 886-886 886 287-287 287 HEIFERS - Medium and Large 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 768-768 768 267.5-267.5 267.5 HEIFERS - Small and Medium 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 444-444 444 425-425 425 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 408 1008-1044 1026 301.5-319.75 311.75 209 1078-1090 1085 300-307.5 303.18 248 1101-1127 1120 291.5-300 294.93 56 781-781 781 349-349 349 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 1028-1028 1028 290-290 290 Fleshy 11 323-323 323 625-625 625 2 378-378 378 560-560 560 28 402-448 436 500-552.5 523.27 38 450-479 464 527-559 540.98 160 503-543 524 472.5-535 510.99 435 551-595 579 440-500 480.98 10 594-594 594 440-440 440 Fleshy 355 602-645 624 395-445 435.51 755 650-697 671 389-451 421.79 4 701-701 701 430-430 430 Fancy 1271 703-749 729 372.5-407 390.42 1563 750-798 775 357-393 373.68 53 817-817 817 344-344 344 Full 1181 800-849 820 340-387.5 363.26 14 826-826 826 339-339 339 Fleshy 1581 852-899 876 334.5-369 348.92 36 855-892 878 313-334 326.24 Fleshy 1693 901-948 922 307-352.75 338.39 203 918-946 938 318-321.5 320.27 Fleshy 737 950-986 963 305-333.5 326.2 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 600-643 613 406-428 420.79 20 658-665 660 382.5-397.5 392.97 15 735-735 735 357.5-357.5 357.5 6 781-781 781 355-355 355
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CORN Strategies Snapshot

TREND: The trend for May corn is revised to higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 375,360 contracts as of March 24, and were net-buyers of 63,018 contracts during the CFTC reporting period as prices rallied on bullish influence from energy markets due to the ongoing war in the Middle East.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 314,222 contracts as of March 24, and were net-sellers of 58,599 contracts through the CFTC reporting period. The May 2026 contract is priced 11 3/4 cents lower than the July 2026 contract, widening (more carry) through the week, and still among the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Livestock futures started the Thursday session with very limited interest, allowing prices to hold limited gains in cattle futures through early hours of trade, but softness developed in feeder cattle and lean hog trade during late morning trade.

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