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USDA South Dakota Weekly Auction Summary

USDA South Dakota Weekly Auction Summary 05/05 07:00 AMS_2027 MARS South Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 04/28/2025 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 890 527 968 FEEDER CATTLE 8866 19137 9838 Compared to last week: Feeder steers and heifers under 800 lbs not well compared due to limited comparisons, steers over 800 lbs steady to 2.00 higher, heifers steady to 4.00 higher with instances of 6.00 to 10.00 higher. Very good demand for all weights of steers and heifers, fewer feeder cattle offered in the auctions this week as normal for this time of year. With the the cash fed cattle market continuing to advance, up to 224.00 this week, the competition to buy feeder cattle increased again. As the fat cattle market sets new all-time high historical prices, the feeder cattle market moves higher right along with it. Cattle producers are very optimistic and want to own cattle, the market is very active as bids are easy to find. The futures contracts are having a tough time advancing as quickly as the cash market but that is not slowing buyers down. Much progress was made planting corn this week, warmer temps in the forecast for this week will have corn up and growing quickly. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 65 1482-1612 1522 185-193 190.14 Average DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1394-1394 1394 187-187 187 Average DAIRY/BEEF HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 33 1352-1352 1352 219-219 219 Average 9 1464-1464 1464 211-211 211 Low 9 1546-1546 1546 220-220 220 Average Certified Prgms DAIRY/BEEF STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 17 1437-1468 1452 213-213 213 Low 34 1427-1629 1501 213-218 216.42 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 81 1347-1529 1426 218.5-219 218.7 Average 102 1301-1504 1430 217-220.6 219.85 Average Certified Prgms HEIFERS - Choice 4-5 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 4 1654-1654 1654 218-218 218 Average Certified Prgms 6 1668-1668 1668 216-216 216 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 8 1414-1414 1414 222.5-222.5 222.5 Average Return to Feed 26 1417-1480 1441 218-219 218.39 Average STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 229 1509-1601 1555 218.5-222 219.98 Average 27 1530-1752 1620 215-218 216.08 Average Certified Prgms 4 1665-1665 1665 219.5-219.5 219.5 Average Natural STEERS - Choice 4-5 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1834-1834 1834 217-217 217 Average Certified Prgms --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- DAIRY/BEEF STEERS - Medium and Large 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 852-852 852 252.5-257.5 253.75 DAIRY/BEEF STEERS - Medium and Large 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 873-873 873 224-224 224 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 1111-1111 1111 229-229 229 13 501-501 501 337.5-337.5 337.5 20 576-576 576 330-330 330 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 25 290-290 290 455-455 455 9 318-346 337 450-460 453.77 33 359-383 364 430-450 446.33 6 402-402 402 430-430 430 28 456-473 467 370-390 380.48 81 503-534 523 341-375 356.42 58 569-598 578 330-352.5 343.53 109 606-639 621 315-341 328.5 21 637-637 637 289-289 289 Fleshy 125 653-688 675 289-327 308.16 22 715-730 725 277-280 277.94 Fleshy 547 702-743 727 281-307 291.42 69 752-769 761 272-278 275.34 Fleshy 248 757-795 772 280-304 292.63 367 802-847 817 262-289.5 275.59 44 835-835 835 296-296 296 Replacement 104 860-860 860 292-292 292 Replacement 20 866-866 866 235-235 235 Fleshy 924 855-896 875 254-288 270.86 251 905-936 921 251-266.5 259.54 109 966-980 973 246.5-259.75 252.75 19 983-983 983 230-230 230 Fleshy HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 494-494 494 362.5-362.5 362.5 4 525-525 525 327.5-327.5 327.5 26 667-667 667 301-301 301 38 754-754 754 287-287 287 6 919-919 919 246-246 246 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 491 1007-1036 1026 268-275 271.49 85 1005-1047 1030 254-254 254 Fleshy 101 1059-1063 1061 250.5-254 252.23 59 1077-1088 1086 244-246 245.56 Fleshy 8 1102-1102 1102 232.5-232.5 232.5 Fleshy 9 1335-1335 1335 225-225 225 4 511-511 511 350-350 350 23 625-625 625 339-339 339 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 24 311-311 311 487.5-487.5 487.5 36 389-389 389 485-485 485 11 404-427 414 460-475 467.98 15 460-470 467 420-425 423.36 39 519-532 525 397.5-411 405.27 31 523-537 529 376-382.5 378.98 Fleshy 75 560-596 579 365-393 377.01 46 608-633 617 347-367.5 360.19 21 620-645 632 330-341 335.35 Fleshy 11 670-670 670 329-329 329 Fleshy 127 651-692 675 329-355 345.36 11 721-721 721 300-300 300 Fleshy 259 703-749 731 317.5-339 329.67 56 752-783 773 295-327 305.66 723 800-849 835 286-310.25 306.81 506 852-896 874 275-307.5 292.13 5 899-899 899 270-270 270 Fleshy 1023 900-948 926 272-287.25 283.6 740 950-994 967 267-280.5 272.36 8 975-975 975 262-262 262 Fleshy STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 12 588-588 588 340-340 340 14 615-629 622 315-327.5 321.32 9 699-699 699 332.5-332.5 332.5 51 778-780 780 283-290 288.63
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is sideways.

NONCOMMERCIAL OUTLOOK: Noncommercial traders held a net-long futures position of 115,899 contracts of corn as of May 6, a decrease of 59,530 contracts week-over-week as traders continue to sell out of corn futures positions.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 75,297 contracts as of May 6, a decrease of 53,357 contracts week-over-week. The July 2025 contract is priced 20 3/4 cents higher than the September 2025 contract, a spread that weakened significantly over the past week. DTN's National Corn Basis continued to climb over the past week to 28 cents under the July board, an improvement of 2 cents week over week.

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex had a somewhat lethargic day, as the only real excitable action was in the lean hog complex. No new cash cattle trade developed throughout the day. May corn is up 2 1/2 cents per bushel and May soybean meal is down $0.60.

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