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South Dakota Weekly Cattle Auction Summary

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Most Recent Report

6/19/2021

Total Run: 20,016

Market Notes

Compared to last week: Feeder steers under 900 lbs 5.00 to 8.00 higher, over 900 lbs 2.00 to 5.00 higher. Feeder heifers under 700 lbs 5.00 to 8.00 higher, over 700 lbs 3.00 to 5.00 higher. Very good demand for feeder cattle this week as the cash fed cattle market broke out from the 120.00 mark it had been stuck at. Yearlings are being pulled from grass already, some never got turned out, as the drought intensifies from the very hot temperatures. Cattle feeders were wanting to get yearlings bought and placed in their yards, as the late months of 2021 and early 2022 CME Live Cattle futures are presently rather attractive. Feed costs are a major concern however, but a large correction occurred midweek that brought old corn back below 6.50 and new corn to 5.50. As costs of gain are so much higher than last year cattle feeders are very critical of cattle carrying too much flesh. Those cattle convert feed to gain less efficiently and sell several dollars back from a green one. Heifers are also selling at a large discount to steers as they just don’t possess the frame size necessary to get as big as the steers, which results in a net return of fewer dollars per head. Slaughter cows 2.00 to 4.00 lower, bulls 2.00 lower.

Supply included: 93% Feeder Cattle (52% Steers, 0% Dairy Steers, 48% Heifers, 0% Bulls); 7% Slaughter Cattle (31% Steers, 8% Dairy Steers, 30% Heifers, 29% Cows, 2% Bulls). Feeder cattle supply over 600 lbs was 91%.

LIVESTOCK SUMMARY Current Week Last Reported 6/7/2021 Last Year Total Receipts: 20,016 17,255 12,782 Feeder Cattle: 18,710(93.5%) 15,956(92.5%) 11,305(88.4%) Slaughter Cattle: 1,306(6.5%) 1,299(7.5%) 1,477(11.6%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 181.5 190 197 $854
500-600 147 177 193 $976
600-700 146 165 176.5 $1,074
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 152 161 163 $725
500-600 $--
600-700 $--
700-800 $--

*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 $90 $102

Total Run

2021-06-12
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