South Dakota Weekly Cattle Auction Summary
Archived Report
3/4/2023
Total Run: 35,147
Market Notes
Compared to last week: Feeder steers under 650 lbs 10.00 to 15.00 higher, over 650 lbs 5.00 to 10.00 higher. Feeder heifers under 600 lbs 10.00 to 15.00 higher, over 600 lbs 3.00 to 7.00 higher. Very good demand for all weights of steers and heifers, but by far the best demand is for a light fleshed steer to make a yearling out of. The weather moderated this week and allowed cattle producers to get their stock shipped to town and buyers were ready and anxious to get them bought. There is a great amount of optimism in the cattle industry as the cash fed cattle market trades around the 165.00 mark, depending on how muddy the cattle are, and the fall months of the CME Feeder Cattle contract are very enticing. Flesh condition remains the key to reaching the heights of the feeder cattle market as costs of gain are much higher than what was forecast as the feeding conditions have been so tough this year. Slaughter cows 5.00 to 7.00 higher, bulls 7.00 higher.Supply included: 95% Feeder Cattle (53% Steers, 47% Heifers, 0% Bulls); 5% Slaughter Cattle (45% Steers, 7% Dairy Steers, 27% Heifers, 20% Cows, 1% Bulls). Feeder cattle supply over 600 lbs was 79%.
LIVESTOCK SUMMARY Current Week Last Reported 2/20/2023 Last Year Total Receipts: 35,147 9,303 36,082 Feeder Cattle: 33,437(95.1%) 9,138(98.2%) 34,088(94.5%) Slaughter Cattle: 1,710(4.9%) 165(1.8%) 1,994(5.5%)
Feeder Steers
| Weight | Min | Avg | Max | Approx* |
|---|---|---|---|---|
| 200-300 | $-- | |||
| 300-400 | 272.5 | 276 | 285 | $966 |
| 400-500 | 230 | 257 | 265.5 | $1,158 |
| 500-600 | $-- | |||
| 600-700 | $-- | |||
| 700-800 | $-- |
Feeder Heifers
| Weight | Min | Avg | Max | Approx* |
|---|---|---|---|---|
| 200-300 | $-- | |||
| 300-400 | 222.5 | 228 | 229 | $799 |
| 400-500 | 200 | 219 | 234 | $986 |
| 500-600 | 200 | 215 | 225 | $1,182 |
| 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 | $90 | $109 | $121 |