Cattle.com

South Dakota Weekly Cattle Auction Summary

Archived Report

5/14/2022

Total Run: 18,667

Market Notes

Compared to last week: Feeder steers mostly 4.00 to 8.00 lower, heifers mostly 2.00 to 5.00 lower. Good demand remains for light fleshed cattle to run on grass as yearlings as turnout time is now upon us as the grass is green in growing, more moderate demand on cattle bound for finishing yards. The feeder cattle market was under pressure this week as the cash fed cattle trade softened and traded lower, Live Cattle futures continued to decline, and Feeder Cattle contracts moved lower still. Flesh condition is a very important factor in determining the value of feeder cattle, and it's only amplified even more in year's where costs of gain are high. Cattle feeders are willing to chase the market on light fleshed cattle when they are available, and are highly critical of cattle carrying a heavy amount. The cash fed cattle market is dollars ahead of the current spot month of June, nearly 12.00, leaving cattle feeders unsure of where the market is headed and where it will converge with the futures. Slaughter cows steady to 2.00 lower, bulls 2.00 to 3.00 lower.

Supply included: 95% Feeder Cattle (48% Steers, 52% Heifers, 0% Bulls); 5% Slaughter Cattle (55% Steers, 10% Dairy Steers, 18% Heifers, 16% Cows, 2% Bulls). Feeder cattle supply over 600 lbs was 89%.

LIVESTOCK SUMMARY Current Week Last Reported 5/2/2022 Last Year Total Receipts: 18,667 13,743 20,005 Feeder Cattle: 17,657(94.6%) 12,873(93.7%) 19,034(95.1%) Slaughter Cattle: 1,010(5.4%) 870(6.3%) 971(4.9%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 223 228 230.5 $1,026
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 191 207 0.0000 $723
400-500 168.5 192 207.5 $862
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 $86 $97 $104

Total Run