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USDA Mobridge, SD Fdr Cattle Wtd Avg Report

USDA Mobridge, SD Fdr Cattle Wtd Avg Report 04/30 13:50 AMS_2025 MARS Mobridge Livestock Exchange (Thursday) - Mobridge, SD Mobridge Livestock Exchange-Mobridge,SD Livestock Weighted Average Report for 04/30/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 1335 1224 1416 Compared to last week: best test on steers 900 to 949 lbs steady to 1.00 higher, other weight classes of steers and heifers not well compared. The feature consignment this week was another string of black steers from the same family operation as last week. These attractive cattle were met with very good demand. A few loads and packages from other outfits rounded out the sale, good to very good demand for these cattle. Flesh condition mostly moderate to moderate plus overall. An active market with order buyers interested in procuring multiple loads of these same man cattle to fill pens. Watch local listings for the next feeder cattle sale. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 18 655-673 661 372.5-379 374.71 93 767-787 775 365-369 367.47 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 575 864-873 869 378.75-378.75 378.75 370 917-933 924 347.5-365.5 359.54 167 959-972 967 360-360 360
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Market Strategies

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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