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South Dakota Weekly Cattle Auction Summary AMS …

South Dakota Weekly Cattle Auction Summary AMS Livestock, Poultry, & Grain Market News South Dakota Dept of Ag Mrkt News Mon Feb 28, 2022. Email us with accessibility issues with this report. Livestock Weighted Average Report for 2/20/2022 - 2/26/2022. LIVESTOCK Summary . Current Week Last Reported Last Year 2/14/2022. Total Receipts: 13,109 28,773 46,313. feeder Cattle : 12,485( ) 27,432( ) 43,956( ). Slaughter Cattle : 624( ) 1,341( ) 2,357( ). Compared to last week: Fewer feeder Cattle in the auctions this week as the extremely cold weather caused many cancellations. feeder steers under 700 lbs steady to higher, over 700 lbs steady to higher. feeder heifers steady to lower. Good demand for feeder Cattle this week but with the sky-rocketing corn futures and free-falling feeder Cattle futures at midweek Cattle feeders took a step back to re- evaluate their game plan.

The CME Feeder Cattle futures are painting a very rosy prospect for feeder cattle producers come fall shipping time. The backgrounders want to make sure they have their cattle bought for this time frame as it looks to be highly profitable. The Live Cattle contracts are not forecasting as a robust fat market, which

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Transcription of South Dakota Weekly Cattle Auction Summary AMS …

1 South Dakota Weekly Cattle Auction Summary AMS Livestock, Poultry, & Grain Market News South Dakota Dept of Ag Mrkt News Mon Feb 28, 2022. Email us with accessibility issues with this report. Livestock Weighted Average Report for 2/20/2022 - 2/26/2022. LIVESTOCK Summary . Current Week Last Reported Last Year 2/14/2022. Total Receipts: 13,109 28,773 46,313. feeder Cattle : 12,485( ) 27,432( ) 43,956( ). Slaughter Cattle : 624( ) 1,341( ) 2,357( ). Compared to last week: Fewer feeder Cattle in the auctions this week as the extremely cold weather caused many cancellations. feeder steers under 700 lbs steady to higher, over 700 lbs steady to higher. feeder heifers steady to lower. Good demand for feeder Cattle this week but with the sky-rocketing corn futures and free-falling feeder Cattle futures at midweek Cattle feeders took a step back to re- evaluate their game plan.

2 The feeder Cattle futures have been pointing to a very bullish feeder market in the coming months but runaway feed costs are extremely concerning. The Live Cattle futures aren't painting as rosy of an outlook, and when coupled with costs of gain as high as the cost of the Cattle there is reason for concern. Little snow cover across the state which is also adding to Cattle producers' worries as good spring rains will be necessary. Slaughter cows to higher, bulls higher. Supply included: 95% feeder Cattle (63% Steers, 37% Heifers); 5% Slaughter Cattle (21% Steers, 1% Dairy Steers, 13% Heifers, 63% Cows, 2% Bulls). feeder Cattle supply over 600 lbs was 84%. feeder Cattle . STEERS - Medium and Large 1 (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price 2 299 299 25 303-347 320 27 351-388 369 30 420-437 434 139 455-493 471 71 500-533 507 17 548 548 Fleshy 21 548 548 Full 488 550-597 572 50 578 578 Full 153 584-585 584 Thin Fleshed 491 605-647 621 961 651-697 677 85 662 662 Fancy 19 693 693 Fleshy 1045 701-744 724 19 733 733 Fleshy 172 710-737 715 Thin Fleshed 816 755-799 769 24 791-796 795 Fleshy Source: USDA AMS Livestock, Poultry & Grain Market News Page 1 of 5.

3 SD Dept of Ag Market News / Justin Lumpkin, Officer in Charge Worthing, SD | (605) 228-5202 |. | South Dakota Weekly Cattle Auction Summary AMS Livestock, Poultry, & Grain Market News South Dakota Dept of Ag Mrkt News Mon Feb 28, 2022. Email us with accessibility issues with this report. 737 800-842 817 6 818 818 Fleshy 459 851-895 879 21 899 899 Fleshy 241 900-949 916 33 905 905 Fleshy 513 953-994 982 STEERS - Medium and Large 1-2 (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price 8 391 391 18 414-445 438 28 474-499 489 7 530-543 536 46 579-593 583 36 618-644 631 39 658-694 686 63 712-745 720 22 772-786 781 4 820 820 7 912 912 STEERS - Medium and Large 2 (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price 10 443 443 STEERS - Large 1 (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price 7 679 679 65 923 923 144 1003-1043 1031 18 1068 1068 220 1117-1144 1123 STEERS - Medium 1 (Per Cwt / Actual Wt).

4 Head Wt Range Avg Wt Price Range Avg Price 7 614 614 8 789 789 HEIFERS - Medium and Large 1 (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price 5 281 281 Source: USDA AMS Livestock, Poultry & Grain Market News Page 2 of 5. SD Dept of Ag Market News / Justin Lumpkin, Officer in Charge Worthing, SD | (605) 228-5202 |. | South Dakota Weekly Cattle Auction Summary AMS Livestock, Poultry, & Grain Market News South Dakota Dept of Ag Mrkt News Mon Feb 28, 2022. Email us with accessibility issues with this report. 11 346 346 20 379-387 384 50 415-443 428 8 433 433 Fancy 53 452-496 475 187 505-548 527 351 550-599 582 372 606-649 628 754 656-698 674 4 698 698 Fleshy 886 700-748 723 33 732-746 742 Fleshy 225 753-790 764 5 799 799 Fleshy 135 794 794 Replacement 289 801-849 825 25 813 813 Fleshy 386 850-899 877 15 861 861 Fleshy 271 904-948 915 8 959 959 HEIFERS - Medium and Large 1-2 (Per Cwt / Actual Wt).

5 Head Wt Range Avg Wt Price Range Avg Price 5 299 299 8 474 474 9 520-546 534 5 599 599 13 603-643 612 23 666-670 667 17 706 706 14 782 782 11 811 811 HEIFERS - Medium and Large 2 (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price 6 492 492 Gaunt HEIFERS - Large 1 (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price 43 1003 1003 63 1069-1083 1077 Source: USDA AMS Livestock, Poultry & Grain Market News Page 3 of 5. SD Dept of Ag Market News / Justin Lumpkin, Officer in Charge Worthing, SD | (605) 228-5202 |. | South Dakota Weekly Cattle Auction Summary AMS Livestock, Poultry, & Grain Market News South Dakota Dept of Ag Mrkt News Mon Feb 28, 2022. Email us with accessibility issues with this report. HEIFERS - Medium 1 (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price 4 611 611 SLAUGHTER Cattle .

6 STEERS - Choice 2-3 (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price Dressing 14 1481 1481 Average STEERS - Choice 3-4 (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price Dressing 16 1528-1648 1581 Average Certified Prgms 72 1618-1670 1661 Average Heavy Weight 7 1626 1626 Low Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price Dressing 8 1341 1341 Average DAIRY STEERS - Choice 2-3 (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1636 1636 Average HEIFERS - Choice 2-4 (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price Dressing 23 1321-1444 1412 Average 9 1539 1539 Average Certified Prgms 35 1316-1480 1344 Low HEIFERS - Select and Choice 2-3 (Per Cwt / Actual Wt).

7 Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1264 1264 Average COWS - Breaker 75-80% (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price Dressing 79 1165-1884 1626 Average 4 1150-1865 1554 High 19 1145-1890 1502 Low COWS - Boner 80-85% (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price Dressing Source: USDA AMS Livestock, Poultry & Grain Market News Page 4 of 5. SD Dept of Ag Market News / Justin Lumpkin, Officer in Charge Worthing, SD | (605) 228-5202 |. | South Dakota Weekly Cattle Auction Summary AMS Livestock, Poultry, & Grain Market News South Dakota Dept of Ag Mrkt News Mon Feb 28, 2022. Email us with accessibility issues with this report. 132 1086-1793 1424 Average 60 1043-1675 1435 Low COWS - Lean 85-90% (Per Cwt / Actual Wt). Head Wt Range Avg Wt Price Range Avg Price Dressing 24 910-1513 1262 Average 15 1065-1325 1203 High 12 830-1485 1148 Low 4 770-1210 1077 Very Low BULLS - 1-2 (Per Cwt / Actual Wt).

8 Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1215-2270 1719 Average 3 1910-2225 2022 High 2 1690-2310 2000 Low Please Note: The above USDA LPGMN price report is reflective of the majority of classes and grades of livestock offered for sale. There may be instances where some sales do not fit within reporting guidelines and therefore will not be included in the report. Prices are reported on an FOB basis, unless otherwise noted. Source: USDA AMS Livestock, Poultry & Grain Market News Page 5 of 5. SD Dept of Ag Market News / Justin Lumpkin, Officer in Charge Worthing, SD | (605) 228-5202 |. |


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