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USDA Mobridge, SD Fdr Cattle Wtd Avg Report

USDA Mobridge, SD Fdr Cattle Wtd Avg Report 01/29 15:25 AMS_2025 MARS Mobridge Livestock Exchange (Thursday) - Mobridge, SD Mobridge Livestock Exchange-Mobridge,SD Livestock Weighted Average Report for 01/29/2026 - Final Auction This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 2190 4156 0 Compared to two weeks ago: best test on steers 550 to 599 lbs and 650 to 699 lbs mostly steady. Heifers not well compared. Good to very good demand for today's offering featuring many, many packages and a handful of loads. Most cattle were home raised, weaned and vaccinated and the offering included many attractive quality, green, backgrounding or grass type cattle which are very easy to sell. An active market with buyers and farmer feeders competing to own cattle. Much warmer temperatures expected next week which will be a relief after the artic weather of last week. No sale next week due to the Black Hills Stock Show, next feeder cattle sale will be Thursday, February 12. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 370-370 370 580-580 580 76 420-443 440 523-557.5 529.14 27 487-487 487 482.5-482.5 482.5 150 500-541 524 455-500 473.51 132 556-596 577 427.5-447 438.65 100 610-634 625 410-418 416.82 157 709-711 710 387-387 387 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 343-343 343 535-535 535 4 401-401 401 512.5-512.5 512.5 7 591-591 591 405-405 405 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 19 352-383 362 615-650 638.3 22 404-419 412 600-615 609.36 73 456-486 467 535-565 554.31 82 502-542 529 482.5-527.5 496.36 259 550-592 563 460-510 484.98 114 610-643 621 443-453 448.39 309 660-695 675 412.5-441 432.88 188 710-734 727 382.5-406 403.68 13 763-763 763 367.5-367.5 367.5 136 821-828 824 377-381.5 379.27 41 855-855 855 361-361 361 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 307-307 307 520-520 520 8 575-575 575 450-450 450 16 623-623 623 410-410 410
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for March corn is sideways for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 18,330 contracts as of Feb. 10 and were net-buyers of 16,368 contracts during the CFTC reporting period as prices have rallied off lows set following the bearish January WASDE report.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 37,338 contracts as of Feb. 10 and were net-sellers of 15,578 contracts through the CFTC reporting period. The March 2026 contract is priced 10 1/4 cents lower than the May 2026 contract, moving wider (more carry) through the week, to the highest degree of carry for the boards since early September. National average corn basis fell 1 cent...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a mixed day for the livestock complex as the futures market closed mostly lower, but the cash cattle complex saw some positive momentum ahead of the week's end. Northern dressed cattle traded at mostly $382, which is $4.00 higher than last week's weighted average and Southern live cattle traded at $248, which is also $4.00 higher than last week's weighted average.

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