Report Date: 4/27/2017
SF_LS758
Sioux Falls, SD Thu Apr 27, 2017 USDA-SD Dept of Ag Market News
Mitchell Livestock Auction
Feeder Cattle Weighted Average Report for 04/27/2017
Receipts: 5163 Last Week: 3880 Year Ago: 1240
Compared to last week: Feeder steers under 750 lbs had few comparable
sales with stronger undertones noted, over 750 lbs mostly steady to 3.00
higher with instances seen of 5.00 to 6.00 higher for 800-900 lbs. Feeder
heifers under 750 lbs were lightly tested last week with stronger undertones
evident, 750-900 lbs steady to 5.00 higher, 900-950 lbs 8.00 to 10.00 higher
in a narrow comparison. Demand good to very good today, as the large offerings
of mostly backgrounded cattle attracted many buyers today. CME Feeder Cattle
futures April contract up 1.00 at 140.85, while the deferred contracts through
November closed limit higher. Live Cattle futures April up 3.58 at 135.60,
with June through February 2018 contracts closing up the limit. Flesh condition
continues to be mostly moderate with moderate plus fleshed cattle seen at times.
Cash fed cattle traded higher today with 138.00-140.00 reported in CO and NE,
dressed basis 217.00-219.00 in NE. Feeder cattle were 62 percent steers,
38 percent heifers; 96 percent weighing over 600 lbs. Sale next Thursday
May 4th, with 3,000 head of feeder cattle expected.
Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
20 470-478 475 190.00-194.00 191.58
10 538 538 202.00 202.00
30 577-595 590 170.00-182.00 173.96
59 609-618 611 169.00-175.00 173.36
33 663 663 167.00 167.00
12 682 682 162.00 162.00 Fleshy
153 700-741 730 155.25-168.50 159.36
197 763-790 776 148.60-154.75 151.93
300 802-838 826 145.75-150.60 147.44
280 857-892 870 141.00-146.85 143.78
303 901-947 923 134.50-142.60 139.40
455 963-999 985 134.10-138.25 136.64
Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
8 442 442 200.00 200.00 Thin Fleshed
10 586 586 170.00 170.00
9 604 604 169.00 169.00
7 674 674 155.00 155.00
14 789 789 150.00 150.00
12 821 821 145.00 145.00
9 898 898 139.00 139.00
Feeder Steers Medium and Large 2
Head Wt Range Avg Wt Price Range Avg Price
6 377 377 190.00 190.00 Thin Fleshed
Feeder Steers Large 1
Head Wt Range Avg Wt Price Range Avg Price
370 1003-1039 1017 130.85-136.50 134.47
14 1068 1068 132.25 132.25
64 1104 1104 131.35 131.35
76 1160 1160 132.50 132.50
13 1227 1227 129.25 129.25
Feeder Holstein Steers Large 3
Head Wt Range Avg Wt Price Range Avg Price
14 798 798 95.50 95.50
307 877-892 885 102.00-104.00 102.44
62 932-942 937 96.00-101.75 99.17
75 977-986 982 95.50 95.50
29 1115 1115 95.00 95.00
Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
5 471 471 168.00 168.00
6 522 522 163.00 163.00
56 558-595 582 154.00-164.50 157.56
20 566 566 168.00 168.00 Thin Fleshed
54 636-647 640 140.00-146.00 143.20
132 668-696 682 145.75-148.25 146.97
6 670 670 147.50 147.50 Fleshy
171 703-740 722 137.25-144.25 141.73
68 765-796 782 137.00-143.00 139.62
8 774 774 130.50 130.50 Fleshy
224 800-843 823 132.00-139.60 136.04
9 806 806 130.50 130.50 Fleshy
233 856-867 864 130.85-137.30 133.33
401 909-930 917 127.50-135.00 132.52
9 932 932 129.50 129.50 Fleshy
119 968-991 987 127.00-130.00 127.70
Feeder Heifers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
12 459 459 174.00 174.00 Thin Fleshed
10 534 534 157.00 157.00
17 612 612 143.00 143.00
11 740 740 135.00 135.00
9 846 846 132.00 132.00
11 879 879 130.50 130.50
Feeder Heifers Large 1
Head Wt Range Avg Wt Price Range Avg Price
13 930 930 128.25 128.25
20 1008 1008 123.25 123.25 Fleshy
26 1052-1071 1056 124.75-125.00 124.81
Feeder Heifers Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
61 700 700 135.75 135.75
117 821-822 821 134.10 134.10
Source: USDA-SD Dept Ag Market News, Sioux Falls, SD
Erika Goette, Market Reporter
605-372-8350
www.ams.usda.gov/mnreports/SF_LS758.txt
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