Cattle Market Pulse

Ft. Pierre Livestock Auction (Friday) Market Report

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

Sale of Friday, June 21, 2024

3,716 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $266.04/cwt +2.50 vs last sale · ≈ $2,352/hd at 884 lb · 581 head
light 9-weight M&L 1 steers $257.29/cwt +0.99 vs last sale · ≈ $2,390/hd at 929 lb · 424 head
heavy 5-weight M&L 1 steers $337.38/cwt -0.92 vs last sale · ≈ $1,953/hd at 579 lb · 160 head
HeadThis saleLast saleLast year
Total receipts 3,716 10,935 4,785
Feeder cattle 3,716 10,935 4,785

Compared to the much larger offering two weeks ago: Feeder steers under 900 lbs sold mostly steady, 900 lbs and over sold with higher undertones. Feeder heifers sold mostly steady. Very good demand for this very attractive offering of high quality yearling steers and heifers, as well as for the consignments of weaned fall calves. Many long strings of these yearlings, offered in full load lots and multiple load lots that allowed buyers to make uniform pens of cattle from a single outfit. The market was very active as cattle feeders are eager to own these high quality, light fleshed yearlings while they are available, as sale schedules are irregular throughout the summer. Cash fed cattle up to 197.00, keeping a 10.00 positive basis over the CME Live Cattle front month contract, which is really lending support to the feeder market. Next feeder cattle sale will be Friday July 26, 2024, the 31st Annual Summer Special.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490 490 5 378.00 $378.00 $1,852 -0.71
576–588 579 160 331.00–340.00 $337.38 $1,953 -0.46
616–628 627 94 319.00–323.00 $319.42 $2,003 -17.18
671–691 679 24 299.00–312.00 $307.04 $2,085 -6.54
718 718 12 288.00 $288.00 $2,068 -16.66
767–793 786 158 274.00–284.00 $281.48 $2,212 +16.48
814 814 12 260.00 $260.00 $2,116 -8.46
862–895 884 581 258.00–270.00 $266.04 $2,352 +2.50
903–949 929 382 251.50–264.00 $259.19 $2,408 +13.69
929 929 42 240.00 $240.00 $2,230 -5.50
979–985 981 90 239.00–243.00 $241.84 $2,372 +0.85
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1007 1007 290 245.00 $245.00 $2,467
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
491 491 18 357.50 $357.50 $1,755 +16.30
628–645 635 27 304.00–308.00 $306.34 $1,945 -14.93
666 666 69 306.50 $306.50 $2,041 +11.53
732 732 7 281.00 $281.00 $2,057 -11.52
773 773 6 258.50 $258.50 $1,998
832 832 17 255.50 $255.50 $2,126
867 867 14 257.50 $257.50 $2,233

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
493 493 5 317.00 $317.00 $1,563 -44.35
531 531 109 324.00 $324.00 $1,720 -2.82
591 591 14 298.00 $298.00 $1,761 -20.00
603–648 639 57 295.00–303.00 $296.19 $1,893 +1.25
661–693 676 38 287.00–299.00 $293.44 $1,984 +15.84
713–736 725 52 261.50–270.50 $264.20 $1,915 -13.28
744 744 11 252.00 $252.00 $1,875 -16.92
761–794 778 54 244.00–256.00 $246.00 $1,914 -18.38
850 850 59 237.00 $237.00 $2,014 -12.18
903 903 109 233.50 $233.50 $2,109 -0.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
426 426 13 325.00 $325.00 $1,384
480 480 5 306.00 $306.00 $1,469 +3.50
561 561 36 291.00 $291.00 $1,633 +0.48
617 617 6 289.00 $289.00 $1,783 +26.00
724 724 50 252.00 $252.00 $1,824 +5.00

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
513 513 16 360.00 $360.00 $1,847
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
729 729 11 236.00 $236.00 $1,720

↑ Back to top

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.