USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Sioux Falls, SD (LS-SF)
Receipts 1,484Last week 2,233Year ago 1,010
Compared to last week: steers 850 to 999 lbs 16.00 to 20.00 lower. A string of steers and a couple loads off grass and a string of yard steers made up today's offering which was met with moderate demand. Despite mostly attractive quality and flesh condition, market activity was moderate at best. This week's further decline on the futures complex has created a great deal of uncertainty in the market and buyers are reluctant to own more cattle during this volatility. Some rain fell this week but conditions remain dry overall. Hay production is much lower this season and prices are reflecting this shortage. Next feeder cattle sale is Friday, August 21.