Cattle Market Pulse

Ft. Pierre Livestock Auction (Friday) Market Report

Ft. Pierre, South Dakota · USDA-reported Auction Livestock

Sale of Friday, June 2, 2023

9,815 head sold ·Official USDA report

This is an archived report. See the latest Ft. Pierre Livestock Auction (Friday) report →

heavy 7-weight M&L 1 heifers $233.68/cwt +22.55 vs last sale · ≈ $1,804/hd at 772 lb · 859 head
heavy 6-weight M&L 1 steers $287.48/cwt +26.97 vs last sale · ≈ $1,919/hd at 667 lb · 728 head
light 6-weight M&L 1 steers $294.86/cwt +22.86 vs last sale · ≈ $1,852/hd at 628 lb · 678 head

Receipts

HeadThis saleLast saleLast year
Total receipts 9,815 5,530 10,263
Feeder cattle 9,815 5,530 10,263

Market comments — USDA reporter

Compared to last sale (5-19-23): Feeder steers under 550 lbs were too lightly tested last sale to develop an accurate market trend, however higher undertones were noticed. 550-749 lbs steers sold mostly 20.00 higher, steers over 750 lbs sold mostly 5.00-15.00 higher. Feeder heifers all sold sharply higher, with mostly sales from 15.00-25.00 higher. Replacement heifers sold sharply higher as well, with the bulk of sales 20.00-30.00 higher. Quality this sale was attractive to very attractive. Many consignments of fall calves were seem this sale. Most of these offerings were weaned from 45-90 days and many had already been out running on grass. Additionally, most fall offerings had at least two rounds of vaccinations. Flesh conditions were mostly thin to light today and very attractive to buyers. Yearlings were in mostly light flesh today and offered buyers attractive weigh conditions. Higher CME Live and feeder cattle contracts seen over the last two trading days helped spur prices higher as buyers were eager to fill pastures and pen spaces. A very large crowd was on hand for today's sale with many bidders and buyers both in the stands and on the internet actively bidding on offerings. Market activity today was very active as a result.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
400–441 425 110 312.00–323.00 $318.28 $1,353 —
460–486 464 59 299.00–310.00 $300.56 $1,395 +14.56
503–546 520 547 294.00–313.00 $307.48 $1,599 +6.98
531 531 15 316.00 $316.00 $1,678 +15.50
555 thin fleshed 555 93 316.00 $316.00 $1,754 —
550–597 570 574 291.00–305.00 $300.97 $1,716 +26.33
612–637 thin fleshed 621 282 296.00–300.00 $298.65 $1,855 —
608–640 633 396 285.50–296.50 $292.16 $1,849 +20.16
654–656 thin fleshed 655 159 291.50–297.00 $294.64 $1,930 —
655 655 67 302.00 $302.00 $1,978 +41.49
651–688 673 502 273.50–289.00 $283.27 $1,906 +22.76
704–747 717 523 246.00–277.50 $265.84 $1,906 +22.55
766–799 783 618 244.00–250.50 $248.23 $1,944 +14.60
803–836 816 352 238.50–247.50 $245.15 $2,000 +14.78
865–894 882 523 224.00–240.00 $229.20 $2,022 +1.50
901–946 913 437 219.00–226.00 $223.63 $2,042 —
952–968 954 70 205.00–226.00 $223.56 $2,133 +10.62
1006 1006 10 208.00 $208.00 $2,092 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
387 387 10 286.00 $286.00 $1,107 —
473–489 483 39 285.00–292.50 $287.90 $1,391 —
533 533 16 288.00 $288.00 $1,535 +58.00
574 574 34 284.00 $284.00 $1,630 —
616–647 638 77 260.00–282.00 $274.32 $1,750 —
666 666 7 271.00 $271.00 $1,805 —
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
447 447 9 278.00 $278.00 $1,243 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–443 426 75 294.00–306.00 $300.20 $1,279 —
464–498 490 172 285.00–296.00 $291.55 $1,429 +25.07
495 thin fleshed 495 97 299.00 $299.00 $1,480 —
509–548 536 525 275.00–285.00 $280.16 $1,502 +32.47
551–596 571 292 264.00–279.00 $272.32 $1,555 +33.98
602–609 fancy 603 104 271.00–274.00 $273.48 $1,649 —
603–606 thin fleshed 606 76 270.00–274.50 $273.85 $1,660 —
620 620 72 284.00 $284.00 $1,761 +54.00
608–644 624 382 250.00–264.00 $258.74 $1,615 +28.74
664–686 678 232 240.50–252.00 $247.40 $1,677 +4.40
711–739 725 146 239.50–250.00 $244.99 $1,776 +37.99
700–737 730 126 227.00–239.00 $235.63 $1,720 +10.26
750–753 752 39 215.00–217.00 $215.77 $1,623 +1.52
751–799 773 820 224.00–250.00 $234.53 $1,813 +20.28
801–832 815 251 222.00–239.00 $234.77 $1,913 +30.90
836 836 69 213.50 $213.50 $1,785 +9.63
878 878 100 200.00–204.00 $202.56 $1,778 +7.56
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
387 387 15 275.00 $275.00 $1,064 —
491 491 42 271.00 $271.00 $1,331 —
509–542 538 31 257.00–265.00 $257.98 $1,388 —
596–598 597 26 258.00–259.00 $258.27 $1,542 —
604 604 41 245.00 $245.00 $1,480 —
661 661 8 236.00 $236.00 $1,560 —
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
372 372 15 262.00 $262.00 $975 —
536 536 29 259.00 $259.00 $1,388 —
684–686 685 28 233.50–235.50 $234.93 $1,609 —

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Reading this report

What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.