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USDA South Dakota Weekly Auction Summary

USDA South Dakota Weekly Auction Summary 07/20 08:30 AMS_2027 MARS South Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 07/13/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 795 1264 680 FEEDER CATTLE 2796 4965 7306 Feeder cattle offerings too limited to make full, complete price comparisons, lower undertones prevailed. Moderate to good demand for yearlings this week as the CME Live and Feeder Cattle contracts took on a bearish tone. Cash fed cattle retreating as well, down to 230.00, is causing great concern amongst cattle feeders as most cattle need 250.00 to break even. Hot weather this week caused some auction markets to cancel their feeder cattle sales as the high heat index is too hard on the cattle. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 29 1378-1548 1407 231-232.5 231.28 Average BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 21 1550-1652 1599 233.5-236 234.77 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 20 1246-1246 1246 240.5-240.5 240.5 Average Certified Prgms 331 1277-1535 1393 234.5-238 236.7 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1357-1357 1357 238.5-238.5 238.5 Average Certified Prgms 30 1488-1496 1495 234.5-236 235.75 Average STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 146 1518-1603 1558 234-236.75 235.51 Average STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 8 1377-1377 1377 242-242 242 Average Return to Feed --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 268-268 268 620-620 620 4 378-378 378 545-545 545 21 477-477 477 490-490 490 29 596-596 596 445-445 445 Thin Fleshed 4 626-626 626 425-425 425 35 712-731 718 370.5-392 378.91 23 760-760 760 350-350 350 210 800-830 812 325-331 328.98 70 864-866 866 324-327.5 324.45 81 871-893 883 310-312.5 311.4 Fleshy 375 900-937 916 295.5-306.5 303.54 Fleshy 310 900-946 926 305-310.5 308.1 14 962-962 962 311-311 311 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 522-522 522 426-426 426 16 572-572 572 418-418 418 5 703-703 703 335-335 335 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 458 1015-1040 1024 324.75-334.5 330.71 100 1093-1093 1093 319-319 319 307 1107-1128 1110 311-318 317.61 STEERS - Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 1018-1018 1018 285-285 285 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 448-448 448 565-565 565 4 450-450 450 565-565 565 16 530-530 530 495-495 495 15 667-667 667 426-426 426 21 767-779 773 379-388 383.32 66 835-835 835 365-365 365 37 889-889 889 345-345 345 73 916-948 920 329-343 341.22 106 989-989 989 338.5-338.5 338.5 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 338-338 338 540-540 540 4 610-610 610 425-425 425 10 743-743 743 383-383 383 49 851-851 851 356-356 356 63 926-926 926 325-325 325 5 980-980 980 290-290 290
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CORN Strategies Snapshot

TREND: The trend in most active corn futures is sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 131,463 contracts as of July 14, and were net-buyers of 30,483 contracts during the CFTC reporting period as traders returned to buying with conditions across the U.S. Corn Belt turning hot and dry through mid-July.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 94,976 contracts as of July 14, and were net-sellers of 27,322 contracts through the CFTC reporting period. The September 2026 contract is priced 22 1/2 cents lower than the December 2026 contract, falling through the week to the highest degree of carry between the two contracts through...

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