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South Dakota Weekly Cattle Auction Summary

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Most Recent Report

3/18/2023

Total Run: 21,283

Market Notes

Compared to last week: Feeder steers under 750 lbs 5.00 to 8.00 higher, over 750 lbs 1.00 to 2.00 higher. Feeder heifers unevenly steady, except 900-950 lbs 6.00 to 7.00 lower. Good demand for steers and heifers this week, however the winter storm at midweek put some pressure on the market. Feedyard pen conditions are wet and sloppy, making for a very poor environment for cattle to efficiently gain weight. Costs of gain are much higher than they were anticipated to be and this fact has caused cattle feeders to slow down on their pursuit of heavier weight, finishing type cattle. Backgrounders who want to buy lighter weight, and lighter fleshed cattle, don't have as many cattle to select from as there are far fewer of those cattle offered. The market for these lighter cattle is much more active as these cattle have so many more options than a 900 lbs steer. Wet weather in the forecast for the coming week as there are a couple of days of rain/snow mix predicted. Slaughter cows 5.00 to 9.00 higher, bulls 3.00 to 4.00 higher.

Supply included: 93% Feeder Cattle (62% Steers, 38% Heifers); 7% Slaughter Cattle (36% Steers, 9% Dairy Steers, 28% Heifers, 25% Cows, 2% Bulls). Feeder cattle supply over 600 lbs was 83%.

LIVESTOCK SUMMARY Current Week Last Reported 3/6/2023 Last Year Total Receipts: 21,283 22,024 21,831 Feeder Cattle: 19,861(93.3%) 20,584(93.5%) 20,540(94.1%) Slaughter Cattle: 1,422(6.7%) 1,440(6.5%) 1,291(5.9%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 260 266 270 $931
400-500 215 266 288 $1,196
500-600 221 246 270 $1,351
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 253 253 0.0000 $886
400-500 208 228 242.5 $1,027
500-600 205 217 220.5 $1,192
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 $100 $112 $129

Total Run

2023-03-11
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