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USDA Mitchell, SD Wtd Averages

USDA Mitchell, SD Wtd Averages 03/19 14:20 AMS_2022 MARS Mitchell Livestock Auction - Mitchell, SD Mitchell Livestock Auction-Mitchell,SD Livestock Weighted Average Report for 03/19/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2311 1879 4437 Compared to last week: Lower numbers to test against today trend not applicable. A dollars higher undertone on both steers and heifers. Demand was really good. Some large load lots today. The next feeder cattle auction will be March 26th, expecting 3000 head of feeders, starting at 10:00 am. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 441-441 441 517.5-517.5 517.5 8 519-519 519 462-462 462 41 558-565 561 440-447 444.42 43 605-623 617 393-401 398.11 102 665-684 673 364-390 380.13 49 682-683 682 356-358 356.53 Fleshy 142 703-746 720 352-372 362.83 77 772-786 783 325.5-334 327.28 80 803-803 803 326-326 326 24 839-839 839 309-309 309 Fleshy 33 888-888 888 309.5-309.5 309.5 124 906-923 918 295.85-301 297.49 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 534-534 534 430-430 430 3 560-560 560 402.5-402.5 402.5 12 611-628 617 371-415 384.99 4 715-715 715 373-373 373 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 170 1016-1040 1023 306.75-318.1 314.47 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 375-375 375 600-600 600 9 469-494 477 510-542 521.04 28 554-555 555 492.5-503 501.13 90 602-641 628 442-462.5 448.61 68 666-672 667 415-439 435.44 6 682-682 682 365-365 365 Fleshy 244 715-748 735 370-399 391.42 42 754-775 764 370-387.5 379.46 83 805-848 832 351.5-362.5 355.48 236 856-892 879 342-359.5 350.99 269 918-948 928 328-344.5 339.88 192 959-994 980 316.5-334 323.43 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 525-525 525 492-492 492 8 554-568 561 445-470 457.34 9 615-615 615 439-439 439 7 698-698 698 385-385 385 28 797-797 797 347.5-347.5 347.5
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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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