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USDA South Dakota Weekly Auction Summary

USDA South Dakota Weekly Auction Summary 05/01 15:45 AMS_2027 MARS South Dakota Weekly Cattle Auction Summary -, Livestock Weighted Average Report for 04/27/2026 - Final Summary This Week Last Reported Last Year ------------------------------------------------------------ Total Receipts: ------------------------------------------------------------ SLAUGHTER CATTLE 1142 664 890 FEEDER CATTLE 8881 19379 8866 Compared to last week: Feeder steers and heifers 5.00 to 15.00 higher. Very good demand for all weights of steers and heifers. As the CME Live and Feeder Cattle futures spiked higher, so did the enthusiasm of cattle feeders to get cattle bought now. Cash fed cattle reached new all-time historical high prices this week. The feeder cattle market grabbed another gear and launched higher as the outlook for the coming months in the fat cattle market improved to a level that looks to be profitable. With recent rains, and now some sunshine grass is green and growing and turnout time is upon us. --------------------------------------------------------------- SLAUGHTER CATTLE --------------------------------------------------------------- BEEF/DAIRY STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 14 1237-1566 1425 234-238 235.49 Average HEIFERS - Choice 2-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 41 1339-1527 1416 260.25-267.5 264 Average Certified Prgms 228 1386-1548 1475 249-258.5 256.69 Average HEIFERS - Select 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 5 1141-1141 1141 267-267 267 Average Return to Feed STEERS - Choice 2-3 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 6 1441-1441 1441 250-250 250 Average 7 1509-1509 1509 260-260 260 Average Certified Prgms 25 1529-1553 1543 267-267 267 Average Return to Feed STEERS - Choice 3-4 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 67 1549-1599 1579 256-257 256.71 Average 154 1611-1662 1647 253-260 255.21 Average Heavy Weight 25 1583-1717 1665 264-268.5 266.63 Average Certified Prgms STEERS - Choice 4-5 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 122 1736-1813 1755 251-253 252.31 Average STEERS - Select 2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price Dressing 19 1193-1293 1272 268-278 269.97 Average Return to Feed --------------------------------------------------------------- FEEDER CATTLE --------------------------------------------------------------- BEEF/DAIRY HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 31 749-749 749 324-324 324 HEIFERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 8 1011-1011 1011 283-283 283 16 1066-1066 1066 282-282 282 HEIFERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 24 400-434 417 515-557.5 535.19 48 469-497 486 450-492.5 480.49 7 529-529 529 447.5-447.5 447.5 Natural 87 503-543 532 430-490 463.12 38 571-595 580 427.5-457.5 444.69 177 608-644 623 385-434 420.04 88 654-694 680 372.5-399 391.07 472 701-747 721 376-402.75 390.75 377 751-799 772 330-387 365.96 465 801-849 820 324-363.75 348.16 60 832-832 832 2990-2990 2990 Replacement 289 852-896 872 317-348 336.51 211 914-917 917 313.5-352 319.14 34 981-981 981 294-294 294 HEIFERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 6 591-591 591 420-420 420 5 600-600 600 351-351 351 25 663-694 674 362-369 364.59 9 729-729 729 346-346 346 3 825-825 825 319-319 319 15 899-899 899 304-304 304 STEERS - Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 1083 1004-1045 1019 305-348 341.7 60 1050-1050 1050 332.5-332.5 332.5 170 1108-1145 1126 292.5-326 320.08 23 595-595 595 439-439 439 7 794-794 794 376-376 376 30 849-849 849 367-367 367 5 895-895 895 327-327 327 STEERS - Medium and Large 1 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 7 394-397 395 535-575 557.78 23 468-478 472 500-593 550.01 42 507-543 526 480-545 522.22 70 562-594 589 440-528 490.83 81 606-637 623 410-487 452.52 126 657-671 666 395-465 446.71 97 710-747 734 370-439 412.08 109 751-767 763 404-422 418.37 14 789-789 789 384-384 384 Fleshy 226 807-848 818 365-395 387.92 13 821-821 821 362-362 362 Fleshy 1173 861-899 877 353-378.75 370.6 1594 903-947 925 336-370 356.82 666 959-992 977 333-360 350 STEERS - Medium and Large 1-2 (Per Cwt/Actual) Head Wt Range Avg Wt Price Range Avg Price 9 659-665 661 370-424 405.89 13 748-748 748 404-404 404 28 765-790 781 361-383 377.17 4 866-866 866 341-341 341
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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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