Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock · usually sells Fridays

Sale of Friday, August 14, 2026

1,484 head sold ·Official USDA report · Past reports (216)

heavy 9-weight M&L 1 steers $319.73/cwt -11.94 vs last sale · ≈ $3,137/hd at 981 lb · 454 head
light 9-weight M&L 1 steers $319.31/cwt -25.73 vs last sale · ≈ $2,941/hd at 921 lb · 384 head
heavy 8-weight M&L 1 steers $333.47/cwt -27.28 vs last sale · ≈ $2,945/hd at 883 lb · 207 head
Herreid, SD 9-weight steers are at $320/cwt. SD 9-weight steers are down $11/cwt from their early July peak of $341. What this means — computed from this report and its neighbors
HeadThis saleLast saleLast year
Total receipts 1,484 2,233 1,010
Feeder cattle 1,484 2,233 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.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
874–891 883 207 329.00–339.00 $333.47 $2,945 -27.28
900–947 921 384 314.00–328.00 $319.31 $2,941 -25.73
960–999 981 454 310.50–321.50 $319.73 $3,137 -14.30
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1001–1035 1015 425 309.25–315.50 $311.46 $3,161

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high 367.21 low 319.31 Sep 2025 Aug 2026

900–949 lb Medium and Large 1 steers — head-weighted average $/cwt by sale date, last 12 months.

What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.

← Previous sale (Aug 7, 2026)