Sioux Falls Regional Cattle Auction
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Archived Report
1/23/2023
Total Run: 6,015
Market Notes
Compared to last week: Feeder steers steady to 3.00 higher with instance of 11.00, except 900 lbs - 950 lbs steady to 1.00 lower. Feeder heifers steady to 2.00 higher with instances of 7.00. Demand for this eye appealing offering was good to very good. One consignment consisted of over 700 head. This consignment offered 2 pot load lots on several weights, drawing very good demand. Special section of red angus cattle caught good attention as well. Vaccination program, weaning days and flesh conditions all contributed to the demand for this nice group of feeder cattle. Several farmer feeders in the seats today. January 1, 2023 inventory was down 3% from last year at the same, December placement was down 8% compared to December of 2021. CME Feeder closed higher while corn took a decent drop. Slaughter cows steady to 2.00 lower. Bulls steady to 2.00 lower.
Supply included: 98% Feeder Cattle (55% Steers, 45% Heifers); 2% Slaughter Cattle (92% Cows, 8% Bulls). Feeder cattle supply over 600 lbs was 71%. AUCTION This Week Last Reported 1/16/2023 Last Year Total Receipts: 6,015 7,907 5,257 Feeder Cattle: 5,920(98.4%) 7,907(100.0%) 5,178(98.5%) Slaughter Cattle: 95(1.6%) 0(0.0%) 79(1.5%)
Feeder Steers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
240 |
246 |
0.0000 |
$861
|
400-500 |
223 |
232 |
237 |
$1,042
|
500-600 |
209.5 |
219 |
232 |
$1,205
|
600-700 |
184.75 |
197 |
211 |
$1,281
|
700-800 |
176.5 |
186 |
193 |
$1,393
|
Feeder Heifers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
215 |
215 |
0.0000 |
$538
|
300-400 |
|
|
|
$--
|
400-500 |
191 |
203 |
218 |
$912
|
500-600 |
178 |
187 |
193 |
$1,030
|
600-700 |
168 |
178 |
189 |
$1,156
|
700-800 |
166 |
172 |
176.35 |
$1,291
|
*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 |
$91 |
$92 |
$93 |
Total Run