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USDA South Dakota Weekly Auction Summary

USDA South Dakota Weekly Auction Summary 06/13 14:00 AMS_2027 MARS South Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 06/09/2025 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 11428 20492 14817 SLAUGHTER CATTLE 728 991 742 Compared to last week: More limited feeder cattle offerings as many auction markets move to their bi-weekly summer schedules, feeder steers and heifers sold unevenly steady. Very good demand for light fall calves to background and for yearlings to go right into finishing yards. The cash fed cattle started to trade higher, up to 244.00 but then at late week sales of 238.00-240.00 surfaced and the futures contracts posted large losses on Friday. There is much optimism amongst cattle producers regardless of where the futures contracts are at as the market reached highs that most did not think could be achieved. The cash market has outperformed the futures and continues to do so, causing producers to pay little attention to it. Cattle are turned out to grass and auction receipts are light, except when a special BBQ sale is held offering long strings of backgrounded steers and heifers. The market is very active as cattle feeders know they need to act quick or they will not get the cattle bought that they need. Corn is growing nicely and pastures are in decent shape, looking positive for a fruitful growing season. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 534-534 534 397.5-397.5 397.5 4 635-635 635 352.5-352.5 352.5 BULLS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 397-397 397 465-465 465 11 870-870 870 232.5-232.5 232.5 DAIRY/BEEF HEIFERS - Large 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 1224-1224 1224 236-236 236 DAIRY/BEEF STEERS - Large 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 4 1146-1146 1146 234-234 234 3 1283-1283 1283 217-217 217 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 174 1009-1018 1014 264-286.5 278.14 150 1004-1025 1015 241.5-246.5 244.47 Fleshy 15 1052-1059 1057 251-255 252.06 177 1058-1058 1058 241.5-241.5 241.5 Fleshy 52 1106-1107 1107 240-240 240 82 1192-1192 1192 240.5-240.5 240.5 Fleshy HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 28 400-428 416 385-455 406.99 79 452-497 485 370-457.5 383.69 57 501-530 522 371-400 392.6 28 554-554 554 384-384 384 Thin Fleshed 163 551-599 587 347-380 357.54 128 607-643 621 326-372.5 356.57 68 656-699 679 325-341 331.19 90 702-749 724 295-317 308.1 215 750-797 765 286-314 303.03 11 816-816 816 269.5-269.5 269.5 Fleshy 12 830-830 830 314-314 314 Replacement 251 802-849 838 273-300 286.72 398 854-896 879 267.5-290.5 282.8 147 906-943 913 2670-2710 2677.87 Replacement 810 905-947 928 264-292.5 281.79 662 952-992 972 251-279.5 272.09 116 982-982 982 242.5-242.5 242.5 Fleshy HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 388-388 388 420-420 420 9 445-445 445 375-375 375 11 543-546 544 322.5-340 333.61 11 577-595 590 315-350 340.67 45 601-626 618 310-348 329.55 30 688-688 688 310-310 310 11 795-795 795 286-286 286 8 827-827 827 267-267 267 18 852-852 852 266-266 266 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 1387 1000-1048 1023 254-288 283.51 1310 1050-1096 1075 261.75-287 276.63 53 1087-1087 1087 258.5-258.5 258.5 Fleshy 50 1102-1102 1102 275.75-275.75 275.75 106 1185-1185 1185 261.5-261.5 261.5 66 939-939 939 284.5-284.5 284.5 STEERS - Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 1002-1002 1002 236-236 236 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 395-395 395 490-490 490 7 415-420 417 440-470 452.95 74 474-494 487 395-417.5 401.02 47 515-536 524 392-439 416.47 57 578-578 578 382.5-385 384.21 165 600-637 616 371-408 387.83 36 651-670 665 359-390 369.55 16 693-693 693 320-320 320 Unweaned 107 706-746 724 331-366 349.75 5 746-746 746 323-323 323 Fleshy 136 762-793 783 328-349 335.23 178 801-829 815 315-331 326.25 189 854-895 879 287.5-311 299.85 14 891-891 891 284-284 284 Fleshy 481 907-948 937 282-307.5 293.76 1656 956-999 973 274-297.5 292.25 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 431-431 431 412.5-412.5 412.5 6 523-523 523 392-392 392 7 649-649 649 357-357 357 21 677-679 678 320-346 337.35 78 753-793 787 270-325 314.41 5 895-895 895 261-261 261 78 912-912 912 293-293 293 --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 32 1423-1523 1495 197-203 200.85 Average 6 1586-1586 1586 216-216 216 High DAIRY/BEEF HEIFERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1335-1335 1335 232.5-232.5 232.5 Low 103 1315-1518 1435 231.5-238 236.02 Average DAIRY/BEEF STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 52 1369-1611 1495 230-240 235.44 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 82 1349-1463 1418 238-240 239.01 Average HEIFERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1509-1509 1509 243.5-243.5 243.5 Average Natural HEIFERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 10 1233-1233 1233 235-235 235 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 18 1476-1487 1480 238-238 238 Average STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 88 1528-1562 1546 238-240 239.38 Average 17 1650-1650 1650 244-244 244 Average Natural 28 1659-1711 1692 238-239.25 238.64 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 27 1292-1543 1431 235.75-237 236.7 Average
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CORN Strategies Snapshot

TREND: The trend for July corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 95,494 contracts as of June 10, an increase of 14,435 contracts as solid crop conditions and friendly weather kept sellers active during the CFTC reporting period.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 114,551 contracts as of June 10, an increase of 9,826 contracts, week-over-week. The July 2025 contract is priced 16 cents higher than the September 2025 contract, a spread that strengthened significantly over the past week. DTN's National Cash Index indicated that corn basis firmed over the most recent week to 22 cents under the July board, an improvement of 1 cent on the...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

Tuesday's market ended up being a swing and a miss for the livestock complex, as all three markets rounded out the day lower. Traders are continuing to stress over the idea that the markets are overbought and that it may be time for a correction.

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