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South Dakota Weekly Cattle Auction Summary

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Most Recent Report

7/15/2023

Total Run: 9,306

Market Notes

Compared to last week: Feeder steers and heifers too lightly tested a week ago to make a full, complete comparison with this week, higher undertones evident. Very good demand remains for all weights of steers and heifers as the cash fed cattle market continues to greatly outperform the futures contract, cash fed cattle topped at 186.00 this week. Cattle feeders are feeling very bullish as this is the dog days of summer when the fat market usually struggles the greatest but packers still can not get enough cattle bought to keep their margins in tact. Grass conditions are good enough West River to keep yearlings turned out, which is keeping receipts light in those barns. Slaughter cows 3.00 to 6.00 higher, bulls no comparison available.

Supply included: 88% Feeder Cattle (60% Steers, 39% Heifers, 1% Bulls); 12% Slaughter Cattle (45% Steers, 4% Dairy Steers, 12% Heifers, 34% Cows, 5% Bulls). Feeder cattle supply over 600 lbs was 96%.

LIVESTOCK SUMMARY Current Week Last Reported 7/3/2023 Last Year Total Receipts: 9,306 2,774 10,297 Feeder Cattle: 8,189(88.0%) 2,605(93.9%) 9,252(89.9%) Slaughter Cattle: 1,117(12.0%) 169(6.1%) 1,045(10.1%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 300 302 305 $1,357
500-600 265 279 305 $1,536
600-700 235 270 289 $1,757
700-800 252.5 259 267 $1,942

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 264 274 280 $1,233
500-600 238 261 275 $1,434
600-700 226 248 262 $1,614
700-800 215 233 238 $1,745

*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 $73 $121 $143

Total Run

2023-07-08
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