Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, May 14, 2021

5,549 head sold ·Official USDA report

This is an archived report. See the latest Herreid Livestock Market report →

heavy 9-weight M&L 1 steers $122.21/cwt +0.57 vs last sale · ≈ $1,205/hd at 986 lb · 626 head
light 7-weight M&L 1 steers $149.96/cwt +11.03 vs last sale · ≈ $1,102/hd at 735 lb · 554 head
light 9-weight M&L 1 steers $125.71/cwt ≈ $1,174/hd at 934 lb · 430 head
HeadThis saleLast saleLast year
Total receipts 5,549 1,249 6,472
Feeder cattle 5,549 1,249 6,472

Compared to two weeks ago: Much larger receipts this week, few comparisons to be made. Feeder steers 700-750 lbs 10.00 higher, 950-1000 lbs steady to instance of 5.00 higher, over 1000 lbs 2.00 to 4.00 lower. Feeder heifers under 1000 lbs steady to 2.00 higher, instances to 5.00 higher on 700-750 lbs, over 1000 lbs 2.00 to 4.00 lower. Moderate to good demand for this large offering, all dependent upon flesh condition however. In spite of drought conditions there is still good demand for cattle to go to grass. Corn futures 30 cents lower, putting old corn back below 7.00 which is helpful but big cattle are still facing costs of gains higher than the cash fat cattle market which is keeping pressure on the feeders. Many long strings of backgrounded steers and heifers offered in full loads and multiple load lots, there were also some long strings and smaller consignments of very light fleshed steers and heifers that have just been running out, these cattle sold very easily, fewer outlets are found for fleshy heifers. Watch local listings for next feeder cattle special sale.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
407–442 417 57 181.25–192.50 $187.18 $781
494–499 496 13 176.00–186.00 $181.36 $900
507–546 536 151 168.50–175.00 $170.91 $916 +0.91
552–576 563 116 165.00–170.50 $167.86 $945 -0.14
603–646 629 351 152.00–163.00 $156.36 $984 +5.36
657–695 675 173 143.00–159.00 $148.99 $1,006
728–744 735 554 146.00–153.25 $149.96 $1,102 +11.03
764–774 767 55 146.50–146.75 $146.68 $1,125
810–824 818 334 134.00–143.00 $140.53 $1,150 +14.78
868–875 869 95 126.00–133.00 $130.79 $1,137
909–947 934 430 118.50–126.50 $125.71 $1,174
951–998 986 626 119.00–127.25 $122.21 $1,205 +0.57
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1003–1020 1010 229 116.50–123.25 $121.15 $1,224 -3.85
1067–1099 1085 221 115.25–120.00 $119.15 $1,293
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
513 513 5 145.00 $145.00 $744
700 700 10 145.50 $145.50 $1,018
844 844 7 126.00 $126.00 $1,063

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
406–411 409 26 157.50–165.50 $163.06 $667
451–494 478 92 147.50–154.00 $151.01 $722
510–525 515 35 145.00–150.00 $147.97 $762 +7.64
551–598 565 284 134.50–146.00 $141.49 $799
596 596 39 134.00 $134.00 $799
615–645 627 221 140.00–141.75 $140.37 $880 -0.55
619–642 636 19 134.00–135.00 $134.26 $854 -6.66
660–667 665 35 125.00–127.50 $125.71 $836 -1.04
656–697 681 64 132.00–139.00 $135.32 $922 +8.57
712–748 725 158 123.00–135.75 $131.29 $952 +0.17
760–786 765 60 122.00–125.00 $122.65 $938
823–845 833 153 118.00–127.00 $123.26 $1,027 -1.06
870 870 70 122.00 $122.00 $1,061 +3.75
896 896 71 119.75 $119.75 $1,073 +1.50
929 929 16 112.00 $112.00 $1,040 -8.00
953–987 966 187 115.00–118.50 $117.75 $1,137
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1016–1026 1022 114 114.00–114.50 $114.22 $1,167 -3.10
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
428 428 5 154.00 $154.00 $659
473 473 6 147.50 $147.50 $698
501–543 517 31 138.50–140.00 $139.11 $719
567–590 578 36 131.00–144.00 $137.21 $793

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
552 552 6 147.00 $147.00 $811

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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.