Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, March 17, 2023

4,010 head sold ·Official USDA report

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

heavy 7-weight M&L 1 steers $197.59/cwt -1.53 vs last sale · ≈ $1,543/hd at 781 lb · 508 head
heavy 8-weight M&L 1 steers $185.66/cwt -5.83 vs last sale · ≈ $1,610/hd at 867 lb · 491 head
light 7-weight M&L 1 steers $209.66/cwt +5.93 vs last sale · ≈ $1,524/hd at 727 lb · 224 head
HeadThis saleLast saleLast year
Total receipts 4,010 3,410 3,773
Feeder cattle 4,010 3,410 3,773

No sale last week due to winter weather, compared to two weeks ago: best test on steers 600 to 650 lbs 2.00 to3.00 higher, 750 to 800 lbs and 850 to 900 lbs 2.00 to 5.00 lower. Heifers not well compared. Mostly good demand for today's large offering with best demand seen for light, grass type cattle. Many packages and loads of both home raised and backgrounded cattle offered. Flesh condition varied, from light to moderate plus with some heavy flesh at times. Quality mostly average to attractive. Cattle were mostly clean hided today even though lots were thawing earlier in the week. A few cancellations due to blowing snow and icy road conditions, its very cold and windy today. An active market seen for the offering. Next feeder cattle sale is Friday, March 24.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–448 427 75 279.00–288.00 $281.16 $1,201
469–471 470 78 270.00–272.00 $270.74 $1,272 +13.74
520–523 521 86 262.00–270.00 $266.36 $1,388 +46.36
555–593 574 195 236.00–256.00 $246.42 $1,414 +13.92
606–636 620 212 228.00–238.50 $234.77 $1,456 +6.13
656–691 664 156 212.50–230.50 $222.93 $1,480 +9.07
701–739 727 224 202.00–211.25 $209.66 $1,524 +5.93
767–788 781 508 189.00–201.75 $197.59 $1,543 -2.77
804 804 14 171.50 $171.50 $1,379 -16.52
805–816 812 146 186.00–195.00 $191.34 $1,554 +3.32
850–880 867 491 180.00–187.25 $185.66 $1,610 +6.41
905–939 927 185 179.25–185.25 $181.15 $1,679
984–992 988 107 173.50–174.25 $173.89 $1,718 -4.89
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
363 363 26 255.50 $255.50 $927
498 498 13 237.00 $237.00 $1,180
575–598 585 89 223.00–225.00 $223.86 $1,310
678 678 19 210.00 $210.00 $1,424 +13.00
707 707 12 181.00 $181.00 $1,280
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1011 1011 54 173.50 $173.50 $1,754

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
406–431 423 63 228.50–242.50 $236.01 $998
484 484 52 224.50 $224.50 $1,087 +8.27
506–542 521 42 205.00–216.00 $213.00 $1,110 -9.23
558–597 569 183 200.00–222.50 $216.43 $1,231 +11.19
603–607 605 27 194.00–202.00 $198.75 $1,202 -0.98
662–665 663 73 182.50–184.25 $182.86 $1,212 -8.08
708–719 713 77 180.50–182.50 $181.27 $1,292 -2.80
757–781 774 105 174.25–179.00 $175.46 $1,358 -3.17
807–820 814 136 174.25–174.50 $174.37 $1,419 -3.35
899 899 65 170.75 $170.75 $1,535 -0.25
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
441 441 9 219.00 $219.00 $966
480 480 18 201.00 $201.00 $965
572–582 577 34 198.00–201.00 $199.42 $1,151
602–642 629 22 184.00–187.50 $185.95 $1,170

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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.