USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Sioux Falls, SD (LS-SF)
Receipts 1,521Last week 2,834Year ago 0
Compared to two weeks ago: Feeder steers steady to 2.00 higher, instances to 10.00 higher on 600-650 lbs. Feeder heifers steady to 5.00 higher. Very good demand for this nice offering of attractive, light fleshed steers and heifers. The market was active, most notably on steers and heifers that will go to grass as spring turn out time is quickly approaching. There were some full loads in the offering, this is where the market reached it's full potential and was very active. Plenty of smaller packages as well. As the CME Live Cattle contracts made gains over 1.00 and cash fed cattle reached 117.00 yesterday cattle feeders had reason to give more for feeder cattle. Next feeder cattle sale will be in two weeks, April 9th featuring grass cattle.