South Dakota Weekly Auction Summary (Mon)
SF_LS795 
Sioux Falls, SD    Mon Apr 15, 2019       USDA-SD Dept Ag Market News
             
South Dakota Weekly Auction Summary � For the Week Ending Apr 15, 2019

Receipts: 8,152        Last Week 22,102       Last Year 14,777            

Results of:  Hub City, Philip, and Sioux Falls Regional

Compared to last week:  Feeder steers under 800 lbs steady to 4.00
higher, over 800 lbs 1.00 to 2.00 higher.  Feeder heifers under 700
lbs 4.00 to 5.00 higher with instances to 10.00 higher on 550-600 lbs,
over 700 lbs 1.00 to 2.00 lower except 800-850 lbs 5.00 lower.  Moderate
to good demand for this lighter offering of feeder cattle.  Auctions 
that normally host their auctions on Thursdays and Fridays cancelled
their sales this week due to the blizzard that struck the region.
Snowfall amounts of 12-24 inches across the majority of the state
and travel not advised made it impossible to transport livestock.
Best demand this week was for light fleshed steers under 800 lbs
and heifers under 700 lbs, demand much lighter for heavier cattle that
will reach finished weights this summer.  Cattle feeders were faced with
steady to lower bids on fed cattle this week and eventually sold them
this way.  As cattle feeders have been very disappointed with the
trajectory of the fed market they have been careful in their pursuit of
cattle suitable only for finishing.  The backgrounders and farmer feeders
who prefer to buy lighter cattle, to keep their per head cost lower, have
had to push harder if they want to get cattle bought.  With each passing
week the availability of cattle of this weight has becoming tighter, as
it does every year, while the interest in buying these cattle remains
very high which has resulted in a very active market.  Demand for
heifers, especially those over 800 lbs is rather light as cattle feeders
would really prefer to feed a steer as they can achieve a much heavier
finished weight than the heifers.  Slaughter cows 2.00 to 3.00 higher.
Bulls steady to higher undertones as they were lightly tested.  

   Slaughter Cows
           Pct Lean   Weight    Avg Dress      High Dress     Low Dress
Breakers    75-80   1025-1870   61.00-70.00    71.00-76.00   46.00-54.00
Boners      80-85   1073-1550   53.00-61.50    62.00-66.50   46.00-53.50
Lean        85-90   1038-1443   48.50-55.50       57.00      36.00-48.00

   Slaughter Bulls, Yield Grade 1-2
       Weight     Avg Dress       High Dress      Low Dress
   1405-1930     84.00-86.00          --         69.00-78.50

                     Feeder Steers Medium and Large 1                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          5     389        389       189.00         189.00                
          3     405        405       195.00         195.00                
         13   485-488      487       194.00         194.00                
         52   516-548      527    176.00-186.00     183.25                
        225   552-597      588    161.50-183.75     175.76                
        245   601-644      614    169.00-180.00     176.61                
          9     618        618       157.00         157.00 Calves         
        248   657-699      687    153.50-169.75     163.93                
        216   709-747      733    147.50-169.25     159.73                
        414   753-784      767    145.00-162.00     154.62                
         67   812-849      822    142.00-147.00     143.58                
         59     832        832       141.50         141.50 Fleshy         
        933   860-897      878    132.75-144.00     137.51                
        506   903-948      929    132.75-142.25     138.43                
         35     915        915       129.50         129.50 Fleshy         
        277   950-977      960    130.00-137.85     134.54                
         60     982        982       130.00         130.00 Fleshy         

                          Feeder Steers Large 1                           
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          6     518        518       174.50         174.50                
        126  1005-1040    1022    128.25-133.10     131.67                
         14    1139       1139       123.50         123.50                

                         Feeder Steers Large 1-2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         11     888        888       131.00         131.00                

                    Feeder Steers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         49   490-493      490    174.00-175.00     174.12                
         36   525-548      534    162.00-174.00     166.83                
         15     580        580       164.00         164.00                
          7     648        648       155.00         155.00                
         82     671        671       144.75         144.75                
         25   719-720      720    144.00-146.00     145.28                
          8     763        763       142.00         142.00                
         49     838        838       138.00         138.00                
         50     922        922       133.00         133.00                

                    Feeder Steers Medium and Large 2-3                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         39     444        444       162.00         162.00                
         35     560        560       150.00         150.00                

                    Feeder Heifers Medium and Large 1                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         10     326        326       186.00         186.00                
          5     358        358       171.00         171.00                
          5     437        437       170.00         170.00                
         48   456-491      473    161.00-174.00     163.47                
         59   505-549      538    155.00-165.00     160.95                
        129   555-581      571    153.50-164.50     162.52                
         14     575        575       146.00         146.00 Fleshy         
        179   603-643      631    143.50-159.75     153.52                
         13     634        634       139.00         139.00 Fleshy         
        383   653-699      675    131.00-152.00     146.25                
        246   707-739      731    130.00-140.50     137.41                
        532   756-793      776    126.00-136.50     132.47                
         79     777        777       143.00         143.00 Replacement    
        146   803-842      816    120.00-131.25     126.68                
        138     857        857       133.75         133.75                
        120     886        886       124.50         124.50 Fleshy         
        189   922-948      927    120.75-126.25     123.45                
         45     981        981       121.60         121.60                

                         Feeder Heifers Large 1-2                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          5     645        645       132.00         132.00                
         65     806        806       124.50         124.50                

                   Feeder Heifers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         18     443        443       165.00         165.00                
          3     420        420       170.00         170.00 Thin Fleshed   
         48   475-486      476       151.00         151.00                
         72   508-545      527    143.00-153.50     149.61                
         24   559-584      571    143.00-151.00     148.06                
          6     668        668       139.00         139.00 Thin Fleshed   

                   Feeder Heifers Medium and Large 2-3                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         35   514-538      530    134.50-136.00     134.96                
         26     564        564       131.00         131.00                


Source:  USDA-SD Dept Ag Market News, Sioux Falls, SD
         Justin Lumpkin, Officer in Charge
         605-372-8350
         www.ams.usda.gov/mnreports/SF_LS795.txt
         www.ams.usda.gov/lpsmarketnewspage

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