Cattle Market Pulse

Ft. Pierre Livestock Auction (Friday) Market Report

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

Sale of Friday, July 26, 2024

5,730 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $256.54/cwt -0.75 vs last sale · ≈ $2,386/hd at 930 lb · 1,414 head
heavy 6-weight M&L 1 steers $315.69/cwt +8.65 vs last sale · ≈ $2,128/hd at 674 lb · 579 head
heavy 7-weight M&L 1 steers $286.13/cwt +4.65 vs last sale · ≈ $2,195/hd at 767 lb · 525 head

Receipts

HeadThis saleLast saleLast year
Total receipts 5,730 3,716 4,160
Feeder cattle 5,730 3,716 4,160

Market comments — USDA reporter

Sale not reported in several weeks so an accurate price trend can not be established. An active market with lots of buyers on the seats competing with internet buyers as cattle feeders try to fill empty pens. A big run of yearlings and weaned fall calves made up todays sale. Several strings of reputation cattle offered buyers the opportunity to put multiple loads of one owner cattle together. Most of the offering was attractive for quality and in light to medium flesh. The cash fed cattle market continues to improve, giving cattle feeders some optimism to purchase high priced feeder cattle. Weather has been extremely hot and fairly humid this past week with a little relief in the next couple of weeks. Next feeder sale is scheduled for Friday, August 16, 2024

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
443 443 8 342.50 $342.50 $1,517 —
553–577 557 229 337.50–355.50 $352.24 $1,962 +14.86
604–647 633 45 308.00–317.00 $312.18 $1,976 -7.24
664–687 674 579 304.00–321.50 $315.69 $2,128 +8.65
709–747 716 144 272.00–295.00 $290.25 $2,078 +2.25
755–788 767 525 273.50–296.50 $286.13 $2,195 +4.65
806–849 843 197 266.00–281.00 $271.16 $2,286 +11.16
870–889 878 92 251.50–258.00 $255.57 $2,244 -10.47
904–939 930 1,414 247.50–260.50 $256.54 $2,386 -2.65
954–994 972 182 236.00–254.75 $245.63 $2,388 +3.79
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1012–1042 1023 323 238.75–248.50 $243.61 $2,492 -1.39
1082–1099 1085 69 225.00–240.50 $236.60 $2,567 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
556–591 588 63 325.00–327.00 $326.82 $1,922 —
669–699 685 39 266.00–286.00 $275.95 $1,890 -30.55
706 706 9 249.50 $249.50 $1,761 -31.50
762 762 6 237.50 $237.50 $1,810 -21.00
819 819 47 250.00 $250.00 $2,048 -5.50
937 937 22 229.00 $229.00 $2,146 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
476 476 7 326.00 $326.00 $1,552 +9.00
569–590 580 46 302.00–311.50 $306.68 $1,779 +8.68
605–625 619 53 294.00–296.00 $295.37 $1,828 -0.82
655–674 665 170 273.50–286.00 $279.59 $1,859 -13.85
714 714 7 241.00 $241.00 $1,721 -23.20
704–744 736 205 252.00–275.00 $256.58 $1,888 +4.58
753–791 767 209 253.00–270.00 $256.82 $1,970 +10.82
803–845 834 220 233.50–257.50 $247.82 $2,067 —
855–895 870 149 228.00–255.00 $238.12 $2,072 +1.12
908–930 916 269 226.50–242.00 $236.93 $2,170 +3.43
963 963 15 233.50 $233.50 $2,249 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
471 471 8 300.00 $300.00 $1,413 -6.00
502 502 12 288.00 $288.00 $1,446 —
794 794 63 238.00 $238.00 $1,890 —
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
724 724 51 240.00 $240.00 $1,738 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1031 1031 14 226.00 $226.00 $2,330 —

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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.