Sale reports / North Dakota / Stockmen's Livestock Exchange / 2020-02-27

Stockmen's Livestock Exchange

Feeder Cattle · Dickinson, North Dakota · Thu, Feb 27
● Final17 lots reportedUSDA AMS · slug 2099
Receipts
1,062 head
491 vs last sale 1,553 1,062 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last week: With limited receipts the best test seen on feeder steers 700-800 lbs 13.00 -15.00 lower. Feeder heifers 650-700 & 750-800 lbs 4.00-6.00 lower. Demand was moderate. Several days of losses on the CME Feeder and Live Futures this week put pressure on the market today with many producers canceling their consignments. Next sale is scheduled for March 5,2020.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $136.78/cwt on 580 head.
Average price
$136.78
580 head · 751 lb average
Value per head Derived
$1,027
Price × average weight ÷ 100
Grade differential Derived
$74
per head · Medium and Large 1 over Medium and Large 1-2
$8.20/cwt at this weight
vs the market
10.80
vs ND average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1751137.081,029559
Medium and Large 1-2741128.8895521
One grade step is worth $8.20/cwt here — about $74 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale580 hd
136.78
ND average4 barns · 4,318 hd
147.58
−10.80
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot, as filed

17 lots · USDA AMS · Stockmen's Livestock Exchange - Dickinson, ND
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1583159.00/cwt159.00–159.009276
HeifersMedium and Large 1520148.00/cwt148.00–148.007709
HeifersMedium and Large 1638138.00/cwt138.00–138.0088015
HeifersMedium and Large 1703123.00/cwt123.00–123.0086521
HeifersMedium and Large 1680130.68/cwt124.75–135.5088940
HeifersMedium and Large 1761120.57/cwt117.00–121.7591880
SteersMedium and Large 1874123.71/cwt122.50–124.751,08190
SteersMedium and Large 1719138.88/cwt132.50–143.60999148
SteersMedium and Large 1785132.78/cwt129.00–134.251,042182
SteersMedium and Large 1-2792120.50/cwt120.50–120.5095410
SteersMedium and Large 1-2695136.50/cwt136.50–136.5094911
HeifersMedium and Large 1-2565134.50/cwt134.50–134.5076012
SteersMedium and Large 1520166.00/cwt166.00–166.008636
SteersMedium and Large 1575159.66/cwt159.50–160.0091824
SteersMedium and Large 1849121.00/cwt121.00–121.001,02727
SteersMedium and Large 1662152.57/cwt142.25–158.751,01032
SteersMedium and Large 1616155.91/cwt155.75–156.0096050

How this sale compares

North Dakota weighted averages
One sale is one barn on one day. The state ladder is every North Dakota auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.