South Dakota Weekly Cattle Auction Summary
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- South Dakota Weekly Cattle Auction Summary
Archived Report
8/20/2022
Total Run: 12,641
Market Notes
Compared to last week: Feeder steers steady to 5.00 higher, instances to 8.00 higher on 700-750 lbs. Feeder heifers under 800 lbs 8.00 10.00 higher, over 800 lbs 2.00 higher. Very good demand again this week for all weights of feeder cattle. As the cash fed cattle market continues to strengthen, so does the feeder cattle market. Cattle feeders want to get these yearlings bought while they are available, whether they are off grass or out of growing yards which is resulting in a market that is extremely active. The cash fat market in the north is retaining it's positive basis over the board, 7.00 this week, which is really helping to fuel the fire that is lit under the feeder cattle market, as this has been a counter seasonal rally. This is the time of year where fed cattle supplies are traditionally the greatest and where the market usually gets very sluggish. The fact that this has not happened this year has caused cattle producers to really get bullish on the future. Slaughter cows steady to 3.00 higher, bulls 1.00 higher.
Supply included: 90% Feeder Cattle (65% Steers, 35% Heifers, 0% Bulls); 10% Slaughter Cattle (47% Steers, 8% Dairy Steers, 18% Heifers, 23% Cows, 3% Bulls, 1% Dairy Heifers). Feeder cattle supply over 600 lbs was 96%.
LIVESTOCK SUMMARY Current Week Last Reported 8/8/2022 Last Year Total Receipts: 12,641 8,724 13,811 Feeder Cattle: 11,357(89.8%) 7,597(87.1%) 12,091(87.5%) Slaughter Cattle: 1,284(10.2%) 1,127(12.9%) 1,720(12.5%)
Feeder Steers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
260 |
293 |
332.5 |
$732
|
300-400 |
280 |
284 |
332.5 |
$993
|
400-500 |
270 |
270 |
332.5 |
$1,215
|
500-600 |
197.5 |
225 |
236 |
$1,237
|
600-700 |
|
|
|
$--
|
700-800 |
|
|
|
$--
|
Feeder Heifers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
282.5 |
283 |
285 |
$708
|
300-400 |
240 |
247 |
285 |
$865
|
400-500 |
195 |
204 |
211 |
$917
|
500-600 |
175 |
196 |
211 |
$1,077
|
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 |
$85 |
$110 |
$124 |
Total Run