Sioux Falls Regional Cattle Auction
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Archived Report
3/29/2021
Total Run: 2,361
Market Notes
Compared to last week: Feeder steers and heifers steady to 3.00 higher, with instances of 7.00 higher on 650-700 lbs heifers. Demand for this large offering was good. Light cattle market is in demand as we are getting closer to turn out on grass. The CME Live cattle contracts posted gains of nearly $1.00, while the feeder cattle board posted gains of $2.00, which really helped the market today. Flesh conditions ranged from light to moderately heavy. Buyers were selective based off of flesh conditions with the cost of gain higher right now. Slaughter cows Breakers and Boners steady to 3.00 higher, Lean cows were to few to make a meaningful comparison. Slaughter Bulls too few to make a meaningful comparison.
Supply included: 97% Feeder Cattle (51% Steers, 49% Heifers); 3% Slaughter Cattle (97% Cows, 3% Bulls). Feeder cattle supply over 600 lbs was 76%. AUCTION This Week Last Reported 3/22/2021 Last Year Total Receipts: 2,361 2,938 2,994 Feeder Cattle: 2,300(97.4%) 2,738(93.2%) 2,904(97.0%) Slaughter Cattle: 61(2.6%) 200(6.8%) 90(3.0%)
Feeder Steers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
215 |
225 |
232.5 |
$786
|
400-500 |
180 |
190 |
232.5 |
$853
|
500-600 |
163 |
172 |
184 |
$944
|
600-700 |
151 |
163 |
174.5 |
$1,058
|
700-800 |
135.25 |
149 |
155.5 |
$1,117
|
Feeder Heifers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
190 |
190 |
0.0000 |
$475
|
300-400 |
176 |
177 |
177 |
$618
|
400-500 |
164 |
167 |
171 |
$751
|
500-600 |
148.5 |
154 |
159 |
$845
|
600-700 |
135 |
141 |
144 |
$918
|
700-800 |
125 |
132 |
134.5 |
$992
|
*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 |
$85 |
$86 |
Total Run