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USDA Hub City Livestock Wtd Averages

USDA Hub City Livestock Wtd Averages 03/18 15:00 AMS_2020 MARS Hub City Livestock Auction - Aberdeen, SD Hub City Livestock Auction-Aberdeen,SD Livestock Weighted Average Report for 03/18/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 3095 7295 5744 Compared to last week: steers 750 to 899 lbs 7.00 to 15.00 higher with instances up to 20.00 higher on 750 to 799 lbs, 900 to 949 lbs mostly steady. Heifers 600 to 799 lbs 6.00 to 15.00 higher. Good demand for packages and loads featured in today's offering of feeder cattle. Quality similar to last week, from average to attractive, but less flesh overall than seen last week. A few more greener, backgrounding or grass type cattle in the mix today. An active market with buyers still being cautious, but a bit more positive than last week. A winter storm over the weekend left some snow and cold temperatures but this weekend has temps in the 70's forecasted, quite a swing in weather. Next feeder cattle sale is Wednesday, March 25. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 370-370 370 550-550 550 7 484-484 484 445-445 445 50 504-538 522 440-456 447.42 68 574-583 577 429-458.5 444.49 101 609-649 621 400-431 419.96 141 662-695 682 382-403 391.35 129 701-747 736 356-380 365.6 215 751-790 771 343.5-359 353.91 49 800-827 818 321-340 326.16 147 856-876 864 311-327 320.84 19 907-935 928 312-313 312.74 10 946-946 946 299-299 299 Fleshy HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 24 713-719 716 344-347 345.26 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 80 1003-1034 1032 328.5-333.5 332.52 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 391-391 391 610-610 610 28 457-490 482 536-540 536.95 5 522-522 522 517.5-517.5 517.5 47 560-593 574 478-504 492.57 47 623-648 631 440-445 441.52 13 649-649 649 401-401 401 Fleshy 31 693-693 693 421-421 421 67 715-728 720 396-413 402.71 173 754-799 760 370-406.5 398.86 46 798-798 798 361-361 361 Fleshy 250 800-823 814 344-374.75 356.66 619 852-899 870 346-372.5 360.35 332 908-941 927 330-352 345.47 45 954-954 954 338.5-338.5 338.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 519-519 519 490-490 490 22 655-655 655 380-380 380 39 738-738 738 374-374 374
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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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