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South Dakota Weekly Cattle Auction Summary

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Most Recent Report

9/17/2022

Total Run: 20,598

Market Notes

Compared to last week: Feeder steers and heifers unevenly steady. Very good demand for yearling steers and heifers, as yearlings continue to move off grass and come to the auction cattle buyers are ready to compete heavily to get these cattle bought and placed on feed. Drought conditions remain in Central and Western South Dakota, a few strings of spring born calves offered this week and were met with good demand. Most farmer feeders aren't ready to take a calf yet as they would rather have a good start, on their harvest before they take on the added work and worry of starting calves on feed. Rising corn futures prices are adding a headwind to the feeder cattle market as contracts are trading in the 6.75 range. Corn silage harvest has been completed but still a few weeks away from dry corn being ready to combine. Slaughter cows steady to 1.00 higher, bulls steady.

Supply included: 89% Feeder Cattle (39% Steers, 61% Heifers); 11% Slaughter Cattle (62% Steers, 4% Dairy Steers, 19% Heifers, 13% Cows, 2% Bulls). Feeder cattle supply over 600 lbs was 94%.

LIVESTOCK SUMMARY Current Week Last Reported 9/5/2022 Last Year Total Receipts: 20,598 10,943 14,111 Feeder Cattle: 18,396(89.3%) 9,955(91.0%) 12,799(90.7%) Slaughter Cattle: 2,202(10.7%) 988(9.0%) 1,312(9.3%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 252.5 253 0.0000 $631
300-400 270 270 0.0000 $945
400-500 212 237 262 $1,066
500-600 206 218 230 $1,198
600-700 172 204 217.5 $1,323
700-800 178.5 191 209 $1,432

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
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 $ $ $

Total Run

2022-09-10
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