SDCL § 10-45-18: Exemption of sales of livestock, poultry, ostriches, emus, or rheas other than ultimate retail sale.

No gross receipts from sales of livestock or live poultry, ostriches, emus, or rheas, if such sales are a part of a series of transactions incident to producing a finished product intended to be offered for an ultimate retail sale, are taxable under this chapter, except that an ultimate retail sale interrupting the series of transactions with an intended final use or consumption is taxable.