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USDA-SF: South Dakota Direct Feeder Cattle Summary

Sioux Falls, SD - Fri May 9, 2008 - USDA-SD Dept Ag Market News

 
SD Direct Feeder Cattle
Feeder Cattle Weighted Average Report for 05/09/2008
 
Receipts:  1285    Last Week:  195    Year Ago:  375
 
Compared with last week direct feeder steers and heifers traded firm
to 2.00 higher. Demand continues good. The Dakotas continue to get 
spring rains, in some parts of the state causing flooding. Corn 
planting remains behind with farmers estimating a 10-15 percent lag
from seasonal norms. All sales FOB North and South Dakota with a 2-3
percent shrink or equivalent and a 4-6 cent slide on yearlings and a
5-10 cent slide on calves from base weights. Steers comprised 69 percent
of the confirmed sales; heifers 31 percent. Supply 100 percent over 600
lbs.

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  410      800       800       110.00         110.00   Fancy
                                                       Current FOB   
  175      900       900        99.00          99.00   Current FOB   
  300     1000      1000        95.50          95.50   Current FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  400      825       825       104.00         104.00   Aug-Sep FOB   

Source:    USDA-SD Dept Ag Market News, Sioux Falls, SD
           Tom Sandau, Market Reporter, 605-338-4061
           www.ams.usda.gov/mnreports/SF_LS160.txt
 
1020c   cts
 
 
 
 
 
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