Cattle.com

Sioux Falls Regional Cattle Auction

Archived Report

2/27/2023

Total Run: 3,692

Market Notes

Compared to last week: Feeder steers 1.00 to 4.00 higher with instances of 20.00, except 600 lbs - 700 lbs steady to 1.00 lower. Feeder heifers steady to 3.00 higher with instances of 17.00, except 650 lbs - 700 lbs 6.00 to 9.00 lower. Demand for this nice offering of eye appealing cattle was good. Lightweight grass cattle really got buyers on the edge of their seats to bid. The lighter weight cattle jumped a significant amount this week as they are getting harder to find. Black hided cattle, several rounds of shots and days weaned were factors influencing the buyers decisions as well. With a wild winter storm mid week last week the cattle were in great shape and clean this week. Several farmer buyers in the seats today along with an active internet kept the auction active. The winter calf market is outperforming expectations, is the opinion voiced by many buyers talking today. Placements in feedlots in January were 4 % below January of 2022. Optimism in the feeder market continues! Slaughter cows and bulls to few to make a meaningful comparison.

Supply included: 99% Feeder Cattle (61% Steers, 39% Heifers); 1% Slaughter Cattle (82% Cows, 18% Bulls). Feeder cattle supply over 600 lbs was 76%. AUCTION This Week Last Reported 2/20/2023 Last Year Total Receipts: 3,692 6,461 4,380 Feeder Cattle: 3,647(98.8%) 6,296(97.4%) 4,295(98.1%) Slaughter Cattle: 45(1.2%) 165(2.6%) 85(1.9%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 272.5 276 285 $966
400-500 250 258 261 $1,160
500-600 223 239 249 $1,313
600-700 199 211 217 $1,372
700-800 187 195 203 $1,460

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 222.5 227 229 $793
400-500 219 223 228 $1,003
500-600 193 208 218 $1,143
600-700 175 187 199 $1,213
700-800 161 176 179 $1,321

*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 $94 $107 $104

Total Run

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Past Reports


Location


Worthing, South Dakota