Report Date: 5/1/2014
SF_LS758
Sioux Falls, SD Thu May 1, 2014 USDA-SD Dept of Ag Market News
Mitchell Livestock Auction
Feeder Cattle Weighted Average Report for 05/01/2014
Receipts: 3550 Last Week: 4742 Year Ago: 6874
Compared to last week: Feeder steers under 750 lbs had no
comparable sales, over 750 lbs mostly 3.00 to 6.00 higher with
instances to 8.00 higher on 850-900 lbs. Feeder heifers under
750 lbs no comparable sales, 750-850 lbs 5.00 to 10.00 higher,
850-950 lbs 4.00 to 6.00 higher. Demand good to very good with
best demand for load lots of steers and heifers in moderate
flesh. Active market today with many bidders. Many long strings
of cattle in moderate to moderate plus flesh offered today along
with smaller packages. CME Feeder Cattle Futures were 2.75 to 3.00
higher today, Live Cattle futures 2.05 to 2.38 higher both supporting
todays very strong market. The feeder cattle supply consisted of
48 percent steers, 44 percent heifers, 7 percent Holsteins, balance
bulls. 93 percent of the feeder cattle offered weighed over 600 lbs.
Sale next Thursday May 8th expecting 2,500 head.
Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
5 369 369 271.00 271.00
14 409-432 419 256.00-269.00 263.25
10 486 486 238.00 238.00
44 512-531 526 225.00-241.00 239.09
28 561-593 583 221.00-230.50 223.77
74 602-643 630 206.00-220.00 211.70
17 676 676 206.25 206.25
28 703 703 204.50 204.50
86 757-786 763 190.25-193.50 190.68
68 836 836 179.00 179.00
118 857-892 877 171.00-178.75 174.97
115 919-942 938 164.50-170.50 169.64
52 948 948 172.50 172.50 Fancy
241 950-973 961 164.00-171.50 169.21
Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
6 515 515 224.00 224.00
6 570 570 211.00 211.00
26 684 684 195.00 195.00
3 725 725 193.00 193.00
22 772 772 180.00 180.00
11 852-866 860 165.50-168.00 166.87
Feeder Steers Large 1
Head Wt Range Avg Wt Price Range Avg Price
200 1007-1038 1024 157.00-164.00 159.73
241 1067-1090 1077 156.25-158.75 157.70
184 1102-1145 1140 151.00-152.10 152.07
Feeder Holstein Steers Large 3
Head Wt Range Avg Wt Price Range Avg Price
11 840 840 138.00 138.00
80 861 861 144.00 144.00
121 954-971 958 143.00-145.00 144.46
34 1043 1043 131.00 131.00
Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
3 303 303 255.00 255.00
18 440-444 443 227.00-231.00 229.67
23 458-484 469 225.00-228.00 226.65
26 508-540 516 201.00-216.50 214.47
50 556-566 561 205.00-210.00 207.68
54 605-637 616 198.00-199.75 198.91
126 650-673 668 188.25-195.00 189.43
190 710-747 730 175.00-182.50 180.16
77 760-795 766 170.50-179.50 175.74
149 808-837 817 165.50-170.00 168.92
29 812 812 172.50 172.50 Replacement
324 860-896 878 160.75-165.50 162.81
107 918-932 925 157.75-159.50 158.69
25 945 945 152.50 152.50 Fleshy
164 962-968 966 157.60 157.60
Feeder Heifers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
8 520-538 527 191.00-194.00 192.15
8 639 639 175.00 175.00 Fleshy
23 668 668 187.00 187.00
26 743 743 173.50 173.50
10 781 781 161.00 161.00
13 812 812 161.50 161.50
Feeder Heifers Large 1
Head Wt Range Avg Wt Price Range Avg Price
50 1014 1014 152.00 152.00
Feeder Bulls Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
6 598 598 207.00 207.00
Feeder Bulls Large 1
Head Wt Range Avg Wt Price Range Avg Price
10 1084 1084 133.50 133.50
Source: USDA-SD Dept Ag Market News, Sioux Falls, SD
Erika Goette, Market Reporter
605-372-8350
www.ams.usda.gov/lpsmarketnewspageSF_LS758.text
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