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USDA ND Weekly Auction Summary

USDA ND Weekly Auction Summary 03/16 09:00 AMS_2100 MARS North Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 03/09/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 4046 9122 6466 Compared to last week: Feeder steers and heifers 5.00 to 15.00 lower. Demand good for steers and heifers still, yet there was is a lot of uncertainty in the marketplace currently and that led to a lower feeder cattle market. As cash fed cattle have slipped down to 235.00-237.00 level, and the futures contracts not offering much support, cattle feeders were determined to buy cattle cheaper. Lighter auction receipts this week as another shot of winter weather moved through the area. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 369-369 369 565-565 565 5 684-684 684 350-350 350 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 37 1009-1009 1009 302-302 302 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 275-275 275 610-610 610 18 325-337 335 570-605 599.34 16 372-398 388 515-520 516.8 36 425-425 425 527.5-527.5 527.5 Fancy 119 402-448 432 475-540 500.27 35 474-498 484 430-495 467.21 87 502-546 526 430-470 443.97 280 550-597 568 416-450 432.48 213 603-643 625 391-417.5 404.41 51 631-631 631 428.5-428.5 428.5 Replacement 268 650-699 669 354-382 374.16 209 661-694 686 373-435 386.54 Replacement 107 707-720 711 366-380 370.37 Replacement 142 703-744 736 331-362 346.19 139 752-759 753 369-399 387.2 Replacement 4 805-805 805 324-324 324 Replacement 5 827-827 827 309-309 309 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 440-440 440 440-440 440 6 517-517 517 390-390 390 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 30 360-365 362 575-660 620.04 44 408-445 425 540-580 564.44 13 474-474 474 544-544 544 Thin Fleshed 240 469-499 480 493-570 542.26 171 503-537 520 475-520 511.5 324 554-598 585 457.5-492.5 472.38 180 601-648 625 428-465 445.31 276 651-695 675 398-437 417.57 167 715-746 722 374-399 393.02 89 753-796 785 358-371.75 366.86 227 805-845 820 355.75-371 361.75 54 860-891 878 327.5-340 332.49 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 391-391 391 580-580 580 8 488-488 488 510-510 510 5 586-586 586 440-440 440
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Market Strategies

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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