Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, March 3, 2023

3,410 head sold ·Official USDA report

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

heavy 6-weight M&L 1 heifers $190.94/cwt ≈ $1,274/hd at 667 lb · 363 head
heavy 6-weight M&L 1 steers $213.86/cwt +9.78 vs last sale · ≈ $1,471/hd at 688 lb · 347 head
heavy 8-weight M&L 1 heifers $171.00/cwt ≈ $1,496/hd at 875 lb · 330 head
HeadThis saleLast saleLast year
Total receipts 3,410 1,651 3,174
Feeder cattle 3,410 1,651 3,174

No sale last week due to winter weather, compared to two weeks ago: best test on steers 550 to 700 lbs 6.00 to 10.00 higher. Best test on heifers 700 to 750 lbs 3.00 to 4.00 higher. Good to very good demand for this large offering featuring many packages and loads of mostly home raised cattle. Many attractive cattle to choose from today, flesh condition mostly light to moderate plus. Market activity active to very active, lots in interest to get cattle bought as the fall board is looking very promising. Winter weather expected in the area again this weekend. Next feeder cattle sale is Friday, March 10.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
491 491 8 257.00 $257.00 $1,262 +13.00
506–538 517 66 230.00–250.00 $239.01 $1,236 +2.31
518 518 6 220.00 $220.00 $1,140 -16.70
565 thin fleshed 565 41 254.00 $254.00 $1,435
555–595 576 96 229.00–242.60 $232.50 $1,339 +6.94
605–647 626 318 221.00–235.50 $228.64 $1,431 +7.60
666–696 688 347 203.75–217.50 $213.86 $1,471 +9.78
723–735 729 152 201.50–206.00 $203.73 $1,485 +5.04
777–789 781 274 190.00–204.00 $200.36 $1,565 +7.98
796 796 26 186.00 $186.00 $1,481 -6.38
803–849 824 97 183.00–191.00 $188.02 $1,549 +7.68
874 874 28 179.25 $179.25 $1,567 +2.49
852–898 878 294 192.25–194.50 $192.66 $1,692 +15.90
958–968 962 114 178.50–179.00 $178.78 $1,720
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
684 684 14 197.00 $197.00 $1,347

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
491–495 493 23 213.00–224.00 $216.23 $1,066 +24.95
501–532 514 32 217.00–225.00 $222.23 $1,142 +28.34
555–585 568 164 197.50–211.00 $205.24 $1,166 +11.05
606–648 613 45 192.00–204.00 $199.73 $1,224 +9.05
650–697 667 363 178.50–198.50 $190.94 $1,274
704–733 725 108 178.50–185.50 $184.07 $1,335 +4.21
753–761 755 17 158.00–164.00 $162.22 $1,225 -7.86
750–797 767 137 173.50–182.00 $178.63 $1,370 +8.55
800–832 808 162 175.50–179.00 $177.72 $1,436 -1.53
875 875 330 171.00 $171.00 $1,496
939 939 60 166.25 $166.25 $1,561

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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.