Report Date: 1/11/2018
SF_LS758
Sioux Falls, SD Thu Jan 11, 2018 USDA-SD Dept of Ag Market News
Mitchell Livestock Auction
Feeder Cattle Weighted Average Report for 01/11/2018
Receipts: 3590 Last Week: 5426 Year Ago: 5589
Compared to last week: Feeder steers 8.00 to 12.00 lower, instances of
13.00 to 15.00 lower. Feeder heifers under 800 lbs 7.00 to 12.00 lower,
instances to 15.00 lower, over 800 lbs 2.00 to 5.00 lower. Demand mostly
moderate, good however for those light enough to background and for those
big cattle that will finish before summer. Few cattle offered unweaned,
those are marked as ?calves?. With the retreat of the CME futures contracts
and a lower fed cattle market again this week the feeder cattle market
was under pressure. Oct Live Cattle is now back below 110.00 and Aug only at
108.30, cattle feeders needed to buy feeders cheaper and that?s what they did.
Flesh condition moderate to moderate plus, few consignments in light flesh as
most cattle are being fed a backgrounding ration. Cattle starting to carry some
tag as the warm-up earlier in the week made for wet ground conditions. 58
percent were steers; 42 percent heifers. 88 percent weighing over 600 lbs.
Next week expecting 7,000 feeder cattle, starting at 8:00 am.
Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
5 436 436 194.00 194.00 Fleshy
9 499 499 192.00 192.00
8 454 454 202.00 202.00 Fancy
83 503-529 512 180.00-188.00 184.27
10 502 502 191.50 191.50 Fancy
14 576-584 580 170.50-176.50 173.52
219 608-647 635 159.50-171.50 165.58
160 659-686 670 149.75-161.50 155.14
173 716-749 732 146.50-153.75 149.08
167 750-786 766 142.75-147.00 144.40
13 770 770 140.50 140.50 Calves
28 771-777 773 141.25-142.50 142.01 Fleshy
202 822-843 832 137.00-143.85 140.12
185 855-893 875 137.75-144.35 141.43
99 914-940 923 141.25-145.75 144.18
176 953-992 975 137.85-138.00 137.94
Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
9 355 355 203.00 203.00 Thin Fleshed
Feeder Steers Large 1
Head Wt Range Avg Wt Price Range Avg Price
52 1008 1008 142.75 142.75
102 1088 1088 135.00 135.00
81 1130-1146 1138 134.00 134.00
41 1160 1160 134.00 134.00
8 1181 1181 121.50 121.50 Fleshy
Feeder Steers Medium 1
Head Wt Range Avg Wt Price Range Avg Price
11 493 493 161.00 161.00
30 743 743 143.10 143.10
Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
12 358-372 365 177.00-178.00 177.51
13 433 433 170.00 170.00
9 437 437 169.00 169.00 Fleshy
22 487-492 489 170.00-172.00 171.32
13 461 461 177.00 177.00 Thin Fleshed
68 503-544 536 161.00-170.00 163.35
90 568-598 583 148.00-157.00 152.62
136 604-641 621 143.50-153.00 147.80
133 654-696 680 140.00-143.50 141.96
11 661 661 133.00 133.00 Fleshy
235 704-744 723 135.50-141.50 137.95
93 751-774 764 133.50-134.25 133.69
19 770-773 771 129.00-133.00 131.52 Fleshy
77 801-806 802 135.00-139.00 137.39
164 853-884 866 132.00-138.50 134.92
65 926 926 137.75 137.75
Feeder Heifers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
5 293 293 176.00 176.00
4 415 415 168.00 168.00
14 684 684 138.50 138.50
Feeder Heifers Large 1
Head Wt Range Avg Wt Price Range Avg Price
69 1001 1001 128.00 128.00
13 1060 1060 130.00 130.00
14 1169 1169 119.00 119.00 Fleshy
Feeder Heifers Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
86 1100 1100 118.00 118.00
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
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