Cattle Market Pulse

Ft. Pierre Livestock Auction (Friday) Market Report

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

Sale of Friday, August 16, 2024

1,876 head sold ·Official USDA report

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

light 8-weight M&L 1 steers $262.00/cwt -9.16 vs last sale · ≈ $2,141/hd at 817 lb · 194 head
light 9-weight M&L 1 heifers $221.69/cwt -15.24 vs last sale · ≈ $2,021/hd at 912 lb · 110 head
heavy 8-weight M&L 1 heifers $235.81/cwt -2.31 vs last sale · ≈ $2,023/hd at 858 lb · 99 head
HeadThis saleLast saleLast year
Total receipts 1,876 5,730 2,129
Feeder cattle 1,876 5,730 2,129

Sale last reported three weeks ago so an accurate price trend can not be established, but lower undertones noted across the board. A couple of strings, along with part loads and packages made up todays offering. Good demand for todays lighter offering of yearlings and fall calves. Several strings of yearlings coming off grass selling in multiple loads were meet with good demand, lesser demand for back grounded cattle and packages. Flesh conditions ranged from moderate flesh cattle coming off grass, to moderate plus cattle coming out of grow yards. An active market with order buyers and famer feeders competing with internet buyers to procure cattle. Most of the offering was attractive for quality as pasture conditions mature and are drying up. Hot, dry conditions are forecasted in the area for the next week. Cattle futures continue there downward trend as does the cash fat cattle market. Next feeder sale is scheduled for Friday, August 30, 2024.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
610 610 17 291.00 $291.00 $1,775 -21.18
721–739 723 91 272.00–277.00 $276.15 $1,997 -14.10
765–799 789 62 258.00–265.00 $262.50 $2,071 -23.63
817 817 194 262.00 $262.00 $2,141 -9.16
862–896 891 66 242.00–244.00 $243.71 $2,171 -11.86
917 917 63 240.75 $240.75 $2,208 -15.79
985 985 31 228.50 $228.50 $2,251 -17.13
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1003–1025 1018 417 227.00–234.75 $232.19 $2,364 -11.42

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
619 619 5 258.00 $258.00 $1,597 -37.37
723–746 730 68 229.00–252.00 $243.51 $1,778 -13.07
753–783 761 35 234.00–239.00 $236.69 $1,801 -20.13
842 842 20 235.50 $235.50 $1,983 -12.32
850–889 858 99 226.00–240.50 $235.81 $2,023 -2.31
904–932 911 103 220.50–226.50 $222.69 $2,029 -14.24
919 919 7 207.00 $207.00 $1,902 -29.93
977–984 982 37 220.50–221.50 $221.26 $2,173 -12.24
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1014 1014 41 220.00 $220.00 $2,231 -6.00

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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.