South Dakota Weekly Cattle Auction Summary
Archived Report
1/29/2022
Total Run: 28,503
Market Notes
Compared to last week: Feeder steers under 550 lbs steady to 2.00 higher, over 550 lbs steady to 2.00 lower except 800-850 lbs 4.00 lower. Feeder heifers under 550 lbs 2.00 higher, over 550 lbs 2.00 to 4.00 lower. Good demand this week for all weights of steers and heifers, best demand still remains on light weight and fleshed cattle to grow into yearlings as the supply of this class of cattle is much more limited than the feeding types. Cattle feeders have taken their foot off the gas when it comes to pursuing the feeder cattle market as the fat cattle trade continues to hold under the 140.00 level. Many in the industry were counting on the fat market skyrocketing this winter, the fact that prices have remained stuck below 140.00 is having an effect on the feeder market, especially so while corn futures are at 6.25. Slaughter cows 1.00 to 2.00 higher, bulls 5.00 higher.Supply included: 95% Feeder Cattle (58% Steers, 41% Heifers, 1% Bulls); 5% Slaughter Cattle (57% Steers, 3% Dairy Steers, 17% Heifers, 21% Cows, 2% Bulls). Feeder cattle supply over 600 lbs was 77%.
LIVESTOCK SUMMARY Current Week Last Reported 1/17/2022 Last Year Total Receipts: 28,503 39,037 27,502 Feeder Cattle: 26,998(94.7%) 37,179(95.2%) 26,201(95.3%) Slaughter Cattle: 1,505(5.3%) 1,858(4.8%) 1,301(4.7%)
Feeder Steers
| Weight | Min | Avg | Max | Approx* |
|---|---|---|---|---|
| 200-300 | $-- | |||
| 300-400 | 231 | 231 | 0.0000 | $809 |
| 400-500 | $-- | |||
| 500-600 | $-- | |||
| 600-700 | $-- | |||
| 700-800 | $-- |
Feeder Heifers
| Weight | Min | Avg | Max | Approx* |
|---|---|---|---|---|
| 200-300 | $-- | |||
| 300-400 | 191 | 202 | 255 | $706 |
| 400-500 | 171 | 196 | 205 | $883 |
| 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 | $70 | $89 | $98 |