USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Sioux Falls, SD (LS-SF)
Receipts 3,294Last week 1,682Year ago 1,343
Compared to last week: Feeder steers 3.00 to 5.00 higher, heifers fully steady. Very good demand for this large offering of attractive yearling steers and heifers. Many of this week's cattle were off grass and in a very desirable light flesh condition. The drought continues to force cattle off grass much earlier than normal, which is resulting in cattle being lighter than normal and very green. Many full loads and multiple load lots were offered and buyers were quick to take all the loads that were offered in that sort. The market was very active as the yearling run has begun early and cattle feeders want to secure their purchases of yearling cattle off grass while they are available. The CME Live Cattle futures posted gains of 1.00, putting Aug at 124.00 while April holds just under 140.00, which is greatly helping to support the feeder cattle market. Special feeder cattle sale Wednesday Aug. 11, 2021.