Report Date: 3/20/2014
SF_LS758
Sioux Falls, SD Thu Mar 20, 2014 USDA-SD Dept Ag Market News
Mitchell Livestock Auction - Mitchell, SD
Feeder Cattle Weighted Average Report for 03/20/2014
Receipts: 5860 Week Ago: 6737 Year Ago: 3844
Compared to last week: Feeder steers 2.00 to 6.00 higher, except 500-
550 lbs 8.00 to 10.00 higher. Feeder heifers under 650 lbs 5.00 to 10.00
higher, over 650 lbs 2.00 to 5.00 higher. Good to very good demand this
week for all weights of steers and heifers, the biggest improvement in
demand was for heavier cattle suitable only for finishing, those over 750
lbs. Quality was very attractive, many long strings and full loads of
backgrounded steers and heifers along with small packages of light cattle.
Buyers were eager bidders throughout the sale, in spite of triple digit losses
on CME Live and Feeder Cattle contracts. Cattle feeders shrugged this off as
packers were bidding steady to higher money on fed cattle in the country today
and CBOT corn lost 9 cents. Flesh condition ranged from mostly moderate to
heavy at times, a few consignments of light fleshed cattle but most were
carrying a moderate amount. Steers made up 59 percent of the run, heifers 41
percent. 89 percent of the run was over 600 lbs
Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
22 433 433 245.00 245.00
9 437 437 254.00 254.00 Fancy
14 457 457 236.00 236.00
79 501-538 530 228.50-234.00 233.15
22 507 507 240.00 240.00 Fancy
21 560-574 569 222.00-227.50 223.80
58 602-641 634 195.00-208.00 197.47
5 629 629 190.50 190.50 Fleshy
100 658-693 683 193.00-197.50 194.26
118 723-741 735 182.00-191.25 186.76
491 755-798 780 171.00-185.75 179.28
280 810-849 830 174.00-177.10 175.81
7 820 820 166.00 166.00 Fleshy
479 855-895 878 163.00-170.50 166.88
141 855-881 877 160.75-161.75 160.91 Fleshy
156 930-933 932 157.75-167.25 162.00
271 950-993 972 157.75-165.75 161.99
Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
10 330 330 245.50 245.50
14 429 429 236.00 236.00
23 484-498 491 220.00-224.00 221.88
6 561 561 214.00 214.00
49 646 646 195.20 195.20
7 738 738 175.00 175.00
28 770-784 778 170.50-175.50 173.20
28 835 835 167.25 167.25
9 927 927 157.50 157.50
Feeder Steers Large 1
Head Wt Range Avg Wt Price Range Avg Price
144 1017-1034 1025 154.00-155.25 154.68
12 1074 1074 152.75 152.75
Feeder Holstein Steers Large 3
Head Wt Range Avg Wt Price Range Avg Price
43 447 447 167.50 167.50
4 511 511 155.00 155.00
263 608-631 620 156.50-157.75 157.20
157 662-681 678 142.00-152.75 152.08
15 726 726 143.00 143.00 Thin Fleshed
74 750 750 147.50 147.50 Thin Fleshed
13 844 844 121.50 121.50
Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
30 409-445 434 216.00-219.00 218.15
6 435 435 205.00 205.00 Fleshy
19 464 464 216.00 216.00 Fancy
62 506-518 511 197.00-207.00 200.18
149 556-588 583 197.00-200.00 197.41
21 557 557 206.00 206.00 Fancy
88 615-631 628 186.00-191.75 190.46
246 654-697 677 175.75-183.00 181.04
52 658 658 170.50-174.00 173.66 Fleshy
446 705-744 724 169.50-176.00 173.45
56 727-736 728 167.00-168.00 167.13 Fleshy
60 735-738 736 188.00-192.00 191.33 Replacement
218 766-797 789 162.00-168.00 165.44
49 760-790 783 163.00-164.00 163.22 Fleshy
45 754 754 176.50 176.50 Replacement
407 805-849 822 156.75-163.75 160.72
64 856-874 867 155.75-160.75 158.60
9 853 853 162.00 162.00 Replacement
7 916 916 152.00 152.00
31 953 953 150.00 150.00
Feeder Heifers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
22 352 352 234.00 234.00
25 443 443 210.00 210.00
9 562 562 192.50 192.50
50 616-623 620 186.00-186.50 186.28
20 686-698 694 172.00-175.50 173.21
Source: USDA-SD Dept Ag Market News, Sioux Falls, SD
Justin Lumpkin, Officer in Charge
605-372-8350
www.ams.usda.gov/mnreports/SF_LS758.txt
www.ams.usda.gov/lpsmarketnewspage
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