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USDA South Dakota Weekly Auction Summary

USDA South Dakota Weekly Auction Summary 05/09 13:00 AMS_2027 MARS South Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 05/04/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 15897 8881 18452 SLAUGHTER CATTLE 924 1142 736 Compared to last week: Feeder steers and heifers unevenly steady. Very good demand across all weights and classes this week, especially so as cash fed cattle reached a new historic high price of 260.00, yet the futures contracts went the opposite direction for the last two days of the week, leaving cattle feeders feeling a little uneasy. Drought conditions are a major concern as spring rains have been limited, some heifers that were being held back for breeding are having to come to town as ranchers are looking to conserve grass. Corn planting is winding down quickly as dry weather made for much progress, rain is needed in those areas as well. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 1177-1177 1177 262-262 262 Fleshy HEIFERS - Medium 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 10 961-961 961 257.5-257.5 257.5 Fleshy HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 20 1004-1004 1004 293-293 293 Fleshy 200 1067-1087 1085 261-271.75 270.69 Fleshy 8 224-224 224 760-760 760 9 296-296 296 620-620 620 62 386-393 390 545-595 552.63 23 415-442 426 475-555 526.52 23 455-494 475 455-530 500.48 212 508-546 529 390-511 480.39 8 564-564 564 500-500 500 Fancy 404 555-599 584 423-486 452.36 10 600-600 600 470-470 470 Fancy 239 608-648 624 391-451 431.33 5 625-625 625 377-377 377 Fleshy 410 650-698 683 375-414 389.85 18 684-684 684 426-426 426 Thin Fleshed 65 686-696 693 395-395 395 Fleshy 128 700-729 717 393-400 395.72 Replacement 525 705-746 720 350-393 377.19 10 747-747 747 350-350 350 Fleshy 76 758-758 758 2950-2950 2950 Replacement 296 765-793 781 361-397 377.68 Replacement 304 757-791 782 345-373 360.48 10 790-790 790 367.5-367.5 367.5 Thin Fleshed 37 793-793 793 355-355 355 Fleshy 935 800-849 816 326-367 354.04 31 817-817 817 338-338 338 Fleshy 381 800-845 823 355-384 369.75 Replacement 127 803-848 831 2885-3140 3023.51 Replacement 52 880-880 880 370-370 370 Replacement 137 873-894 883 2970-3230 3050.66 Replacement 112 851-897 885 321-350 325.72 414 900-946 917 308-324 320.51 65 946-946 946 313-313 313 Fleshy 153 951-959 956 297-305 300.43 Fleshy 60 977-977 977 324.5-324.5 324.5 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 364-364 364 505-505 505 11 477-477 477 435-435 435 42 520-543 535 421-430 427.27 73 550-584 581 405-406 405.79 23 644-646 645 380-387 384.87 13 662-676 670 362.5-367.5 364.78 8 729-729 729 336-336 336 5 868-868 868 325-325 325 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 520 1014-1034 1024 321.5-342.5 333.31 21 1035-1035 1035 319.5-319.5 319.5 Fleshy 273 1051-1089 1072 313.5-326.75 319.19 49 1084-1084 1084 312.5-312.5 312.5 Fleshy 116 1104-1138 1112 297-310.25 308.5 Fleshy 176 1123-1149 1131 305.5-312.35 310.14 12 1317-1317 1317 264.5-264.5 264.5 Fleshy STEERS - Medium 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 11 701-701 701 370-370 370 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 16 1070-1070 1070 299.5-299.5 299.5 Fleshy 13 1263-1263 1263 271-271 271 Fleshy 9 243-243 243 810-810 810 9 307-307 307 710-710 710 3 365-365 365 640-640 640 46 416-416 416 660-660 660 Thin Fleshed 61 453-487 467 524-598 563.89 37 499-499 499 515-515 515 Full 239 518-549 536 465-535 515.63 259 552-594 572 480-531 509.42 373 603-648 627 430-500 460.1 25 650-650 650 441-441 441 Unweaned 7 671-671 671 432-432 432 Fleshy 121 650-696 674 423-469 439.57 405 709-745 728 385-437 426.05 646 750-799 770 373-420 398.42 23 777-794 787 364-372 367.09 Fleshy 1014 803-848 833 372.5-400 380.48 72 843-843 843 360.5-364 362.64 Fleshy 61 850-850 850 382-382 382 Thin Fleshed 773 858-898 886 343-382.5 362.44 19 896-896 896 349-349 349 Fleshy 890 900-947 925 343-366.5 358.1 90 948-948 948 336-336 336 Fleshy 1924 950-999 971 321-360.5 345.36 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 18 394-397 396 512.5-590 551.1 34 513-548 529 490-510 500.25 18 560-562 561 475-480 476.39 10 605-605 605 443-443 443 Thin Fleshed 28 699-699 699 418-418 418 42 729-745 734 375-398 393.31 104 773-798 791 362-378 368.18 25 830-846 836 353-361 355.92 48 882-882 882 353-353 353 8 925-925 925 336-336 336 12 969-969 969 325-325 325 --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 14 1398-1533 1446 250-256 252.27 Average BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 16 1582-1631 1610 251-256 253.85 Average BEEF/DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 14 1401-1401 1401 257-257 257 Average Return to Feed DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 90 1277-1699 1576 224-233 228.02 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 280 1257-1457 1421 254.5-262 257.92 Average 14 1377-1449 1434 258.5-259 258.9 Average Certified Prgms STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 10 1464-1464 1464 256-256 256 Average STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 8 1563-1563 1563 257-257 257 Average 32 1577-1734 1633 256-260 258 Average Certified Prgms 124 1614-1676 1642 255.5-258 257.67 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 21 1413-1464 1434 257-260.25 259.03 Average Return to Feed
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Market Strategies

CORN Strategies Snapshot

TREND: The trend for July corn is higher for now.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 383,537 contracts as of May 12 and were net-sellers of 49,847 contracts during the CFTC reporting period as traders booked profits on length amid renewed peace efforts in the Middle East and few issues for U.S. planting thus far.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-short position of 259,956 contracts as of May 12 and were net-buyers of 108,892 contracts through the CFTC reporting period. The July 2026 contract is priced 7 1/2 cents lower than the September 2026 contract, widening (more carry) through the week and to the highest degree of carry between the two contracts...

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Commentary

AgHost Livestock Close

AgHost Livestock Close

The livestock complex ended the day mixed, with the cattle contracts able to rally mildly through the day's end, while the lean hog contracts continue to struggle. Still no cash cattle trade has developed.

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