Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, August 26, 2022

2,644 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $189.95/cwt +0.07 vs last sale · ≈ $1,649/hd at 868 lb · 628 head
light 9-weight M&L 1 steers $187.22/cwt +0.16 vs last sale · ≈ $1,745/hd at 932 lb · 414 head
heavy 8-weight M&L 1 heifers $177.57/cwt ≈ $1,547/hd at 871 lb · 405 head
HeadThis saleLast saleLast year
Total receipts 2,644 2,458 1,779
Feeder cattle 2,644 2,458 1,779

Compared to a last week: best test on steers 850 to 950 lbs mostly steady, other weight classes of steers and heifers not well compared. Good to very good demand for yearlings again this week. Lots of loads and strings again this week but also more packages, including tested open heifers. A few more home raised cattle this week than have been seeing recently. Flesh varied more than last week as there were a few yard cattle, from light to some heavy flesh. Quality mostly average to attractive. An active but more cautious market this week as many are watching grain markets, especially corn. No sale next week due to Labor Day holiday, next feeder cattle sale is September 9.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
667–676 669 54 211.50–213.00 $212.64 $1,423 -4.86
701 701 20 215.00 $215.00 $1,507 +2.94
738 738 19 193.00 $193.00 $1,424 -19.06
772–785 779 152 197.25–199.00 $198.11 $1,543
800–848 834 86 187.00–195.75 $189.44 $1,580
858–889 868 628 187.00–191.00 $189.95 $1,649 +0.07
901–941 932 414 183.00–189.00 $187.22 $1,745 +0.16
950 950 65 174.00 $174.00 $1,653 -9.55
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1008 1008 113 183.25–183.50 $183.38 $1,848 +2.38

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
720–749 733 60 185.50–189.25 $187.53 $1,375 +0.53
754–780 766 41 183.00–186.25 $184.72 $1,415
862–883 871 405 169.75–179.25 $177.57 $1,547
929–935 933 193 173.75–174.00 $173.92 $1,623
973–980 978 12 165.50–168.00 $167.17 $1,635
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
536 536 10 181.50 $181.50 $973

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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.