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USDA South Dakota Weekly Auction Summary

USDA South Dakota Weekly Auction Summary 04/21 07:20 AMS_2027 MARS South Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 04/14/2025 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ FEEDER CATTLE 12795 23188 17988 SLAUGHTER CATTLE 556 764 1000 Compared to last week: Feeder steers under 850 lbs 5.00 to 10.00 higher, instances to 20.00 higher on 700-750 lbs, over 850 lbs unevenly steady. Feeder heifers unevenly steady. Very good demand for all weights of steers and heifers as the futures contracts made good gains and the cash fat cattle market spiked back up to 215.00. Feeder cattle offerings were more limited this week as the Easter holiday approached. The market is very active on the lightweight cattle as available numbers of this class of cattle dwindle rapidly. Cattle feeders were given a dose of optimism this week as they were able to sell their market ready fat cattle higher. --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BULLS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 1198-1198 1198 207-207 207 BULLS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 308-308 308 495-495 495 6 709-709 709 293-293 293 DAIRY/BEEF STEERS - Large 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 655-655 655 270-270 270 5 952-952 952 220-220 220 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 52 1099-1099 1099 224.5-224.5 224.5 52 1122-1122 1122 224.5-224.5 224.5 10 1155-1155 1155 220-220 220 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 18 300-337 330 435-505 442.08 21 355-399 384 400-425 415.63 121 412-448 424 380-415 403.58 162 459-499 477 356-400 377.19 36 488-488 488 354-367.5 361.13 Fleshy 206 510-549 534 315-367.5 347.52 290 550-598 579 320-350 334.09 193 600-649 620 284-328 315.36 28 624-645 641 291-300 292.56 Fleshy 299 657-699 669 282-322 308.27 22 667-679 675 276-297 283.55 Fleshy 19 721-721 721 302.5-302.5 302.5 Replacement 238 706-749 726 273-302.5 285.27 300 750-795 780 268.5-290 276.48 37 785-785 785 260-260 260 Fleshy 14 800-800 800 271-271 271 Thin Fleshed 75 804-804 804 298.5-298.5 298.5 Replacement 494 807-844 823 256-285 271.9 39 863-863 863 254.5-254.5 254.5 Fleshy 864 852-899 879 245-268.5 255.58 170 913-949 922 245-255 247.19 214 915-947 939 239-243 241.09 Fleshy 147 956-981 968 238-242 239.93 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 5 385-385 385 370-370 370 21 441-449 447 385-387.5 387.03 29 478-492 485 340-352.5 345.55 5 529-529 529 352-352 352 25 573-591 581 307-308 307.55 10 734-734 734 260-260 260 5 772-772 772 275-275 275 58 843-844 844 244-253 246.33 21 880-890 881 235-241 240.13 6 948-948 948 225-225 225 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 697 1002-1048 1017 250.25-265.25 260.82 222 1071-1098 1086 240.5-242.5 241.61 60 1103-1103 1103 242.5-242.5 242.5 STEERS - Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 3 1082-1082 1082 222-222 222 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 15 303-341 335 500-535 504.22 10 350-350 350 500-500 500 96 416-446 430 430-453 447.82 67 468-494 481 390-450 420.2 191 501-548 515 380-419 401.73 8 541-541 541 377.5-377.5 377.5 Fleshy 141 551-593 568 355-389 378.75 92 604-604 604 370-384 381.41 Thin Fleshed 399 600-647 623 327.5-368 349.27 485 656-694 674 320-360 345.5 9 692-692 692 325-325 325 Fleshy 573 705-746 727 302-350 338.63 156 751-754 752 335.25-347 341.06 Thin Fleshed 397 755-793 776 283-330 310.07 99 766-798 782 290-307.5 296.67 Fleshy 10 804-804 804 279-279 279 Fleshy 505 803-845 813 281-309.5 301.9 508 851-895 882 272.5-284 279.64 1001 902-946 933 266-282.75 276.34 82 938-945 939 254.5-257 254.84 Fleshy 969 952-998 975 254-280.25 265.17 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 14 404-404 404 450-450 450 15 470-498 479 390-402.5 394.33 52 505-542 525 365-385 373.85 52 571-596 586 350-359 354.66 16 744-744 744 281-281 281 --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1496-1678 1548 185-193 187.48 Average DAIRY STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 3 1423-1423 1423 173-173 173 Average DAIRY/BEEF HEIFERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 32 1408-1486 1428 212-213.75 213.29 Average 15 1494-1587 1525 212-214 212.69 Average Certified Prgms DAIRY/BEEF STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1451-1451 1451 212-212 212 Average 12 1455-1455 1455 211-212.5 211.88 Average Certified Prgms DAIRY/BEEF STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 1581-1581 1581 212.25-212.25 212.25 Average 4 1599-1599 1599 213-213 213 Average Certified Prgms HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 23 1360-1360 1360 218.25-218.25 218.25 Average Natural 32 1369-1457 1393 211-217.75 214.23 Average Certified Prgms 80 1371-1466 1429 214.5-216 215.21 Average STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 40 1389-1461 1439 215.75-217.25 216.18 Average 12 1487-1489 1488 217-217 217 Average Certified Prgms STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 9 1537-1537 1537 215.5-215.5 215.5 Average 21 1545-1681 1603 215.75-217 216.31 Average Certified Prgms 40 1653-1701 1659 213.75-215 214.84 Average Heavy Weight STEERS - Select and Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 7 1381-1381 1381 218-218 218 Average Return to Feed
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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 219,843 contracts of corn as of April 22, a decrease of 14,339 contracts week over week as traders booked some profits on longs following a strong rally in corn price the prior week.

COMMERCIAL OUTLOOK: Commercial corn traders held a net short position of 161,479 contracts as of April 22, a decrease of 17,620 contracts week over week. The May 2025 contract is priced 6 3/4 cents below the July 2025 contract, a slight narrowing in the spread from last week. DTN's National Corn Basis continued to climb over the past week to 33 cents under the July board, an improvement of 1 cent week over week.

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Commentary

AgHost Livestock Close

AgHost Livestock Close

It was a fruitful day for the livestock complex as all three of the markets ended the day stronger. It was especially a big-hitting week for the cattle complex as traders pushed the contracts higher through Friday's close thanks to the added support of yet-again record-breaking cash cattle prices.

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