South Dakota Weekly Auction Summary (Mon)
SF_LS795 
Sioux Falls, SD    Mon Apr 16, 2018    USDA-SD Dept Ag Market News
             
South Dakota Weekly Auction Summary � For the Week Ending Apr 14, 2018

Receipts: 14,777       Last Week 15,363       Last Year 25,039             

Results of:  Hub City, Mitchell, Mobridge, and Sioux Falls Regional.

   Compared to last week: Feeder steers and heifers mostly steady to
firm, except heifers under 650 lbs 4.00 to 6.00 higher.  Improved demand
again this week after the futures market stabilized, even making near
limit gains on Thursday.  Cattle feeders capitalized on this new found
support and priced their show list higher and managed to push the market
back up above 120.00, as Nebraska traded at 122.00 on higher.  Dressed
sales came back up to 190.00.  Market ready fed cattle remain in a tight
supply in the northern plains, just the opposite from the southern
plains, and cattle feeders were unwilling to sell their cattle at a
steady market.  This turn around in the fed cattle market also caused a
turn around in the feeder cattle market.  Many feeder cattle producers
have delayed their marketing the last few weeks as they watched the
market drop so quickly.  The winter storms that moved through the area
recently also caused them to change their plans as transporting livestock
was difficult.  A large storm came across the region on Friday with
blizzard conditions that caused some Friday auctions to cancel their sale
for the week.  Large amounts of snow, up to 20 inches in the south-
central region of the state, coupled with severe winds made for dangerous
conditions.  The timing of this storm could not be worse as cow-calf
producers are in the heart of their spring calving season.  The positive
side of this storm is the large amounts of snow left behind that will
fill dug-outs and dams with water and give the grass the moisture it
needs to start growing.  Very cold temps for this time of year however is
delaying any green up as the temps fall into the teens at night and just
in the 30s for daytime highs.  No spring field work has been done, the 
coming week�s forecast is for more below normal temps that will cause
another week�s delay.  Slaughter cows steady to 2.00 lower, bulls 4.00
lower in a narrow comparison.

   Slaughter Cows
           Pct Lean   Weight    Avg Dress      High Dress      Low Dress
Comercial   70-75      1525         --           75.50            --
Breakers    75-80   1380-2065   61.00-66.00        --          55.50-60.00  
Boners      80-85   1173-1855   59.50-70.00    66.00-78.00     50.00-59.00
Lean        85-90    970-1373   54.00-65.00        --          48.00-53.50
                                         Very Low Dressing     41.00-42.00

   Slaughter Bulls, Yield Grade 1-2
       Weight        Avg Dress       High Dress      Low Dress
     1455-2485       85.50-87.00        --           78.00-83.00

                     Feeder Steers Medium and Large 1                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          6     405        405       184.00         184.00                 
         19   458-490      474    178.00-190.00     182.88                 
         67   500-546      534    178.00-190.00     185.69                 
         91   565-596      580    165.00-182.00     170.95                 
        227   602-648      617    156.00-178.50     170.55                 
        423   654-698      675    154.00-169.50     161.18                 
        390   706-748      725    143.50-158.75     151.60                 
         25     705        705       160.25         160.25 Thin Fleshed    
        605   751-798      779    135.50-149.25     143.09                 
         66     780        780       150.50         150.50 Thin Fleshed    
         77     794        794       151.25         151.25 Value Added     
        316   802-849      823    131.00-143.50     139.50                 
          8     804        804       130.50         130.50 Fleshy          
        748   854-897      877    124.00-137.50     133.59                 
       1080   901-948      928    121.00-133.00     127.95                 
        292   901-937      908    133.70-135.10     134.68 Fancy           
        505   952-997      980    117.50-129.50     123.37                 
        130     953        953       129.80         129.80 Fancy           

                           Feeder Steers Large 1                           
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
       1155  1006-1048    1025    115.25-128.25     120.94                 
        816  1052-1094    1073    115.25-119.80     117.78                 
        154  1058-1083    1069    120.50-123.50     122.49 Fancy           
         10    1142       1142       114.75         114.75                 
         89  1152-1154    1153    115.75-116.35     116.17                 

                          Feeder Steers Large 1-2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
         16     742        742       132.50         132.50                 
         44     845        845       130.75         130.75                 
         21    1021       1021       106.50         106.50                 

                    Feeder Steers Medium and Large 1-2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
         17   400-439      414    182.00-185.00     183.88                 
         52   502-513      503    168.00-180.00     179.06                 
         39   576-593      590    164.00-171.00     165.05                 
         13     655        655       132.00         132.00                 
         13   738-746      742    126.00-142.00     134.66                 
         23     797        797       131.50         131.50                 
         27   801-841      822    128.25-132.50     130.46                 
         64     894        894       124.75         124.75                 

                      Feeder Bulls Medium and Large 1                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          6     723        723       128.00         128.00                 

                     Feeder Heifers Medium and Large 1                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
         39   400-430      422    156.00-173.00     163.86                 
         25   470-498      481    150.00-171.00     163.15                 
        107   509-540      518    154.00-167.00     161.89                 
        152   552-590      572    151.00-165.00     158.00                 
        280   601-648      620    140.00-161.00     152.62                 
        258   650-694      677    138.00-145.25     141.88                 
         21     655        655       125.00         125.00 Calves          
        393   701-749      724    129.50-141.50     137.43                 
         19     702        702       142.00         142.00 Fancy           
         13     735        735       125.50         125.50 Fleshy          
         52     713        713       145.00         145.00 Thin Fleshed    
        463   754-794      778    123.00-131.50     127.86                 
        208   780-790      783    142.00-144.00     142.65 Replacement     
         20     761        761       136.50         136.50 Thin Fleshed    
        620   800-839      826    119.00-126.75     124.68                 
         62   832-841      838    106.00-114.25     112.38 Fleshy          
         68     815        815       136.00         136.00 Replacement     
        390   854-883      864    118.50-126.50     121.91                 
        325   851-898      885    114.75-117.00     115.96 Fleshy          
         83   880-893      883      1160.00        1160.00 Per Head        
        725   900-948      920    110.00-122.00     116.19                 
        238   900-947      913    112.00-118.75     115.58 Fleshy          
        815   956-991      976    112.25-119.25     116.41                 
         85   973-991      976    111.00-111.50     111.41 Fleshy          

                    Feeder Heifers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
         21   472-490      487    153.00-155.00     153.28                 
          6     530        530       141.00         141.00                 
         58   605-641      621    122.00-140.00     127.34                 
         49   664-676      667    133.00-139.00     135.66                 
         32   720-736      727    124.50-129.75     127.84                 
         11     790        790       117.50         117.50                 
         24     807        807       118.00         118.00                 

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

 1000c   jll