1200 South Dakota 50, Yankton, SD 57078 - Yankton County

Attention: Breeders, Feeders, and Investors Mills Real Estate is offering to sell a successful custom feedlot and acreage located in southeast South Dakota.

This property is permitted for a feeding capacity of 7060 head in open lot feeding with an added 1700 head under roof. It is offered as a turn-key operation complete with all equipment and seasoned long-term staff necessary to carry on the operation. Current owners have owned the operation for 20 years and wish to retire.

Land consists of approximately 350+/- acres. There are 212 acres tillable with 106 acres under pivot, with the balance of acreage encompassing the feedlot and auction barn facilities, and pasture.

Facilities consist of complete auction ring and scale, veterinary office, two sets of tubs, alleys, and hydraulic chutes, (one set for receiving cattle and the other for treating sick cattle) all under roof. Other perks include an 80 foot outdoor scale, feed shed with concrete bunkers for feed ingredients, roller mill, outside concrete pad for silage/haylage, and shop. There are 22 outside feeding pens lined with concrete feed bunks and aprons.

Housing consists of a double wide mobile home on the premises currently occupied by one of the hired men.

Water for livestock is furnished by three deep wells on the property. Pivot utilizes water from the holding ponds to irrigate the 106 acres.

Machinery/Equipment consists of full line of equipment allocated for minimum amount of labor required.

Current staff consists of a office manager/book-keeper, beef production specialist, yard foreman, and cattle manager, all with over 20 years on the job. The feed truck operator has been with the company for 6+ years.

Located within short distance to local packing houses and livestock markets, as well as feed resources. You cant ask for a better location for feeding and marketing cattle. Present use of the feedlot is for receiving and backgrounding feeder calves to approximately 1000 lbs before going on to be finished in other facilities. Ongoing mortality rate is reported less than 2%, with excellent feed efficiency reported at a highly competitive rate per pound gained. Billing occurs every two weeks with no receivables over 30 days due.

Potential use: The auction barn is fully functional and may be added to the feeding business to generate further income, or used as a permanent sale venue for registered seedstock owners, etc. The auction facilities were built to last with all pipe fences, gates, full concrete floors, and Ritchie waterers.

This is a successfully managed custom feeding operation with seasoned staff, repeat clientele, and an excellent location! It has operated with very little hands on labor required of the owners