Report Date: 6/2/2016
SF_LS758
Sioux Falls, SD Thu Jun 2, 2016 USDA-SD Dept Ag Market News
Mitchell Livestock Auction - Mitchell, SD
Feeder Cattle Weighted Average Report for 06/02/2016
Receipts: 2607 Last Week: 1062 Year Ago: 2817
Compared to last week: In a narrow comparison feeder steers and
heifers 4.00 to 7.00 higher. Good demand for all weights of cattle,
whether it was calves or big backgrounded yearling steers and heifers.
Flesh condition ran the whole spectrum from extremely light fleshed to
moderate-plus, even a few in heavy flesh, the market was very active.
Majority of the offering was big yearling steers and heifers weighing
over 900 lbs. Gains in the futures market this week helped to spur the
feeder cattle market along, even though the spot month remains well below
the cash fed cattle market. The rapid jump in the fed market from 196.00 to
205.00 at the end of the week, last week, helped to lend support to cattle
feeders? optimism. 92 percent over 600 lbs. 57 percent steers; 43 percent
heifers. Next week will be a BBQ special feeder cattle sale expecting 8,000
feeders starting at 8:00 am.
Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
12 455-476 466 185.00-187.00 185.98
17 540-541 540 175.00-182.00 179.11
19 591 591 173.00 173.00
6 622 622 171.50 171.50
30 662-677 668 156.00-156.50 156.31
22 711-738 731 149.00-154.50 153.04
21 758-790 767 147.50-150.00 148.24
10 810 810 149.75 149.75
22 858-874 869 142.25-144.00 142.80
117 901-905 903 140.25-143.25 141.77
162 951-984 967 134.75-141.35 137.78
Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
12 133 133 460.00 460.00 Per Head
9 160 160 610.00 610.00 Per Head
17 335 335 213.00 213.00 Thin Fleshed
25 495 495 195.00 195.00 Thin Fleshed
13 632 632 169.75 169.75 Thin Fleshed
Feeder Steers Large 1
Head Wt Range Avg Wt Price Range Avg Price
197 1005-1038 1022 132.00-133.50 133.17
13 1082 1082 125.75 125.75
467 1106-1148 1123 131.50-133.10 132.27
117 1154-1179 1165 125.00-131.00 129.21
27 1228-1241 1235 125.00-125.25 125.11
5 1291 1291 124.50 124.50
Feeder Steers Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
23 1045 1045 124.75 124.75
Feeder Holstein Steers Large 3
Head Wt Range Avg Wt Price Range Avg Price
5 715 715 119.00 119.00
13 960 960 102.25 102.25
Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
12 551 551 162.00 162.00
17 627 627 158.75 158.75
5 690 690 146.50 146.50
79 716 716 145.75 145.75
113 759-784 782 134.25-139.50 139.15 Fleshy
19 817 817 133.50 133.50 Fleshy
128 877-878 878 134.00 134.00
55 888 888 126.75 126.75 Fleshy
121 914-924 919 135.00 135.00
38 909-924 916 125.75-126.00 125.89 Fleshy
70 991-993 991 125.00-126.25 125.96
62 952 952 125.00 125.00 Fleshy
Feeder Heifers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
13 149 149 425.00 425.00 Per Head
16 311 311 207.00 207.00 Thin Fleshed
21 450 450 179.25 179.25 Thin Fleshed
18 598 598 159.00 159.00 Thin Fleshed
35 669 669 143.25 143.25
40 734 734 140.25-147.25 146.38
9 788 788 136.75 136.75
4 825 825 131.50 131.50
Feeder Heifers Large 1
Head Wt Range Avg Wt Price Range Avg Price
117 1009-1019 1014 124.35 124.35
31 1003-1004 1003 118.50-123.75 121.04 Fleshy
15 1077 1077 124.75 124.75
11 1229 1229 123.50 123.50
Feeder Bulls Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
4 560 560 165.00 165.00
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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