South Dakota Weekly Cattle Auction Summary
Archived Report
3/6/2021
Total Run: 32,240
Market Notes
Compared to last week: Feeder steers under 750 lbs steady to 2.00 lower, except 450-500 lbs and 550-600 lbs 1.00 to 2.00 higher, over 750 lbs 2.00 to 5.00 lower except 900-1000 lbs steady. Feeder heifers 2.00 to 4.00 lower. Very good demand for light fleshed cattle for backgrounding, only moderate demand for cattle bound for finishing yards. Cattle feeders backed off the gas this week in their pursuit of feeder cattle as a spring fed cattle rally seems to be withering away. April Live Cattle futures now only at 119.00, which is a now only a 5.00 premium to the current cash market. Large auction receipts again as spring is arriving quickly and calving time as well, cattle producers will need the additional space and time to devote to getting this year’s calf crop on the ground. The artic weather of two weeks ago was replaced with above normal temps which allowed cattle producers to get their cattle shipped to town easily. The market is very active for the cattle that will be backgrounded, either in a yard or on grass, as those cattle are getting tougher to find. There is a plentiful supply of heavier cattle that are heading to yards and are facing a much higher cost of gain as corn is substantially higher than last year, the market is not near as active for these cattle. Slaughter cows 2.00 to 4.00 lower, bulls 1.00 to 2.00 lower.Supply included: 91% Feeder Cattle (57% Steers, 43% Heifers, 0% Bulls); 9% Slaughter Cattle (47% Steers, 4% Dairy Steers, 35% Heifers, 13% Cows, 1% Bulls). Feeder cattle supply over 600 lbs was 82%.
LIVESTOCK SUMMARY Current Week Last Reported 2/22/2021 Last Year Total Receipts: 32,240 46,313 24,910 Feeder Cattle: 29,295(90.9%) 43,956(94.9%) 23,334(93.7%) Slaughter Cattle: 2,945(9.1%) 2,357(5.1%) 1,576(6.3%)
Feeder Steers
| Weight | Min | Avg | Max | Approx* |
|---|---|---|---|---|
| 200-300 | $-- | |||
| 300-400 | 183 | 201 | 208 | $703 |
| 400-500 | 175 | 187 | 195 | $842 |
| 500-600 | $-- | |||
| 600-700 | $-- | |||
| 700-800 | $-- |
Feeder Heifers
| Weight | Min | Avg | Max | Approx* |
|---|---|---|---|---|
| 200-300 | $-- | |||
| 300-400 | 159 | 163 | 169 | $571 |
| 400-500 | 150 | 161 | 175 | $724 |
| 500-600 | 139.25 | 151 | 162.5 | $831 |
| 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 | $70 | $85 | $90 |