Cattle.com

Ft. Pierre Livestock Auction

Archived Report

4/23/2021

Total Run: 6,160

Market Notes

Compared to two weeks ago: Feeder steers 5.00 to 10.00 lower, except 850-900 lbs 1.00 to 2.00 lower. Feeder heifers under 700 lbs 10.00 to 15.00 lower, over 700 lbs 5.00 lower except 800-850 lbs steady to 1.00 lower. Moderate to good demand for grass cattle and feeding type cattle, very good demand for the many consignments of replacement quality heifers. Many long strings, including one consignment of 1080 head of steers and heifers, which saw many full load lots. There were numerous smaller consignments which allowed buyers to put together small bunches and fill out their loads. The severe drought conditions, extreme drought in the northwest and north central part of the state, are causing many heifers to come to town that otherwise would never leave the ranch until they were a broken mouth cow. Cattle feeders are trying to get cattle bought in line with a rapidly declining futures market and an exploding corn market. The market was still fairly active as the quality was so attractive and the flesh condition was light overall. Many cattle were just roughed along this winter and stayed kicked out on grass and showed a lot of compensatory gain which really helped to sell them as costs of gain are so important in a tough market. CME Feeder Cattle futures contracts posted gains of nearly 2.00 but corn futures gained another 7 cents with May at 6.58. Next special feeder cattle sale will be May 7, 2021.

Supply included: 100% Feeder Cattle (48% Steers, 50% Heifers, 2% Bulls). Feeder cattle supply over 600 lbs was 80%. AUCTION This Week Last Reported 4/9/2021 Last Year Total Receipts: 6,160 6,118 5,606 Feeder Cattle: 6,160(100.0%) 6,118(100.0%) 5,606(100.0%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 189 193 0.0000 $674
400-500 $--
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 170 173 174 $607
400-500 149 155 163.5 $695
500-600 137 146 150 $801
600-700 132 136 145 $885
700-800 131 136 146 $1,018

*Approx is the middle weight of the weight group multiplied by the mid point of the high and low for the group. It's meant as a quick method to see what cattle of that weight class are bringing per head.

Cows & Bulls

Type Min Avg Max
Slaughter Bulls $ $ $

Total Run