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USDA Worthing, SD Fdr Cattle Wtd Avg

USDA Worthing, SD Fdr Cattle Wtd Avg 03/16 11:45 AMS_2026 MARS Sioux Falls Regional Cattle Auction - Worthing, SD Sioux Falls Regional Livestock-Worthing,SD Livestock Weighted Average Report for 03/16/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 786 1407 2453 Compared to last week: Too few comparable weights of feeder steers and heifers to make a good comparison. A lighter offering this week as a severe winter storm moved across the area over the weekend making for impossible travel conditions throughout the day on Sunday. A few long strings of yearling steers and heifers, offered in full loads and multiple load lots, along with a few small consignments of lighter cattle. The market was pretty active for the packages of light cattle. The market on the yearlings was moderately active, cattle feeders are feeling pressured from new resistance in the fat cattle market and need to buy cattle with lower breakeven prices. Flesh condition of yearlings moderate to heavy. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 584-584 584 370-370 370 Thin Fleshed HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 462-462 462 480-480 480 16 509-542 528 432.5-435 433.94 13 662-670 664 353-360 358.37 255 933-944 939 292-306 298.88 99 949-949 949 286-286 286 Fleshy HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 444-444 444 485-485 485 Thin Fleshed 3 549-549 549 420-420 420 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 60 1012-1012 1012 305-305 305 195 1098-1098 1098 294.5-294.5 294.5 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 411-411 411 590-590 590 5 464-464 464 535-535 535 13 547-547 547 471-471 471 11 673-673 673 402.5-402.5 402.5 12 710-710 710 387-387 387 9 851-851 851 342-342 342 7 952-952 952 314-314 314 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 546-546 546 460-460 460 Thin Fleshed
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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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