light 5-weight M&L 1 steers$480.42/cwt+15.58 vs last sale · ≈ $2,527/hd at 526 lb · 3,217 head
heavy 4-weight M&L 1 steers$513.10/cwt+7.98 vs last sale · ≈ $2,447/hd at 477 lb · 2,291 head
heavy 5-weight M&L 1 steers$447.40/cwt+1.35 vs last sale · ≈ $2,564/hd at 573 lb · 2,162 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
27,681
20,558
21,582
Feeder cattle
26,787
19,239
20,616
Slaughter cattle
894
1,319
966
Market comments — USDA reporter
Compared to last week: Yearling feeder steers 2.00 to 7.00 higher, instances of 10.00 higher, except over 1000 lbs 2.00 to 4.00 lower. Yearling feeder heifers steady to 5.00 higher. Spring born steer calves 10.00 to 20.00 higher, except 550-600 lbs steady to 2.00 higher. Heifer calves 10.00 to 20.00 higher, except 400-500 lbs mostly steady. Good to very good demand for yearling steers and heifers, especially by late week when the cattle futures complex rallied and corn futures fell sharply. Cash fed cattle were sluggish in the north all week, with early sales below 220.00 but late week some cattle traded 221.00-222.00. The calf market was substantially more active this week as more buyers were ready to enter the market and take on this good ranch-raised calves. With the Feeder Cattle futures gaining 8.00 and corn losing 20.00, cattle producers got the glimmer of hope they have been waiting for that this recent downturn will turn friendly again. Farmer feeders made great progress with soybean harvest, and starting to combine corn now, giving them a little time to devote to starting newly arrived bawling calves on feed. Larger auction receipts expected in central and western South Dakota next week as the calf marketing season kicks into high gear. Strings of yearlings remain hard to find, which is keeping competition for buying yearlings very high.
→ Feeder cattle: With the Feeder Cattle futures gaining 8.00 and corn losing 20.00
▲ Feeder heifers: Yearling feeder heifers steady to 5.00 higher
▲ Feeder steers: Yearling feeder steers 2.00 to 7.00 higher
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.
Compared to last week: Yearling feeder steers 2.00 to 7.00 higher, instances of 10.00 higher, except over 1000 lbs 2.00 to 4.00 lower. Yearling feeder heifers steady to 5.00 higher. Spring born steer calves 10.00 to 20.00 higher, except 550-600 lbs steady to 2.00 higher. Heifer calves 10.00 to 20.00 higher, except 400-500 lbs mostly steady. Good to very good demand for yearling steers and heifers, especially by late week when the cattle futures complex rallied and corn futures fell sharply. Cash fed cattle were sluggish in the north all week, with early sales below 220.00 but late week some cattle traded 221.00-222.00. The calf market was substantially more active this week as more buyers were ready to enter the market and take on this good ranch-raised calves. With the Feeder Cattle futures gaining 8.00 and corn losing 20.00, cattle producers got the glimmer of hope they have been waiting for that this recent downturn will turn friendly again. Farmer feeders made great progress with soybean harvest, and starting to combine corn now, giving them a little time to devote to starting newly arrived bawling calves on feed. Larger auction receipts expected in central and western South Dakota next week as the calf marketing season kicks into high gear. Strings of yearlings remain hard to find, which is keeping competition for buying yearlings very high.