Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, May 12, 2023

6,374 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $199.05/cwt ≈ $1,843/hd at 926 lb · 866 head
heavy 9-weight M&L 1 steers $194.85/cwt ≈ $1,890/hd at 970 lb · 861 head
light 8-weight M&L 1 steers $218.29/cwt +5.11 vs last sale · ≈ $1,803/hd at 826 lb · 642 head
HeadThis saleLast saleLast year
Total receipts 6,374 819 5,826
Feeder cattle 6,374 819 5,826

No recent price comparison available as it's been several weeks since the last sizable auction. Very good demand for this annual springtime BBQ sale that featured many long strings of high quality yearlings and fall born calves. The seats were full of buyers ready to bid. Many full loads of steers and heifers offered, with many offered in multiple load lots. The market was extremely active and demand was red hot. Hide color was not the determining factor that it has been in how high prices could reach as buyers were just as anxious to own the colored cattle as they were the straight blacks. The flesh varied, with many cattle that were light enough in weight and flesh that they could run on this summer's grass, while there was many more that were heavier weight that were bound for feedyards. The rains have come to the northern plains and the optimism is running high for a good grazing and haying season, and with the bullish outlook for feeder cattle yearling operators are willing to give a lot of money to make sure they have cattle to sell when the grazing season is over. This is the time of year where sale schedules become sporadic, and with the strength of the cash fed cattle market buyers were quick to strike to get their summer feeding cattle they need. Watch local listings for the next special feeder cattle sale.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
432–436 433 47 297.00–300.00 $297.51 $1,288
453–456 thin fleshed 454 19 285.00–291.00 $287.85 $1,307
494 494 14 286.00 $286.00 $1,413 -6.50
531–539 536 65 279.00–284.50 $282.15 $1,512
561–589 579 71 270.00–275.25 $273.29 $1,582
603–645 621 139 248.50–272.00 $261.66 $1,625 +3.66
656–693 680 138 249.00–263.50 $254.56 $1,731 +5.56
712–744 743 379 224.00–243.00 $241.38 $1,793 -0.59
754–790 774 377 218.00–232.75 $226.81 $1,756 +3.81
803–847 826 642 208.50–224.50 $218.29 $1,803 +5.11
850–893 871 528 199.00–216.50 $205.74 $1,792
901–944 926 866 195.50–205.00 $199.05 $1,843
951–998 970 861 180.75–196.50 $194.85 $1,890
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1013–1038 1014 314 182.00–193.75 $192.06 $1,947
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
344 344 7 300.00 $300.00 $1,032
358 358 3 270.00 $270.00 $967
715 715 5 225.50 $225.50 $1,612
759–799 782 16 186.00–210.00 $199.80 $1,562

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
400–449 426 65 254.00–261.00 $259.52 $1,106
457–491 479 32 249.00–252.00 $250.69 $1,201
502–543 520 106 243.00–258.50 $251.45 $1,308 +12.45
550–593 576 135 228.50–247.00 $241.25 $1,390
601–645 624 84 220.00–239.00 $227.37 $1,419 -5.42
658–693 665 127 210.00–220.50 $218.54 $1,453 -7.75
724 724 31 213.25 $213.25 $1,544 +1.25
722–748 736 112 200.00–209.75 $207.27 $1,526 -4.73
755–776 763 352 203.25–210.00 $205.43 $1,567 +5.31
765–786 784 79 209.00–217.00 $215.95 $1,693 +15.83
808–835 830 156 191.75–195.00 $192.54 $1,598 -2.42
874 874 30 207.00 $207.00 $1,809 +21.00
895 895 11 184.00 $184.00 $1,647 -2.00
914–922 918 122 183.00–185.00 $183.97 $1,689
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
388 388 6 256.00 $256.00 $993
431 431 5 243.00 $243.00 $1,047
471 471 9 231.00 $231.00 $1,088
643 643 6 236.00 $236.00 $1,517 +41.00

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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.