Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, June 23, 2023

1,802 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $217.49/cwt -6.85 vs last sale · ≈ $2,121/hd at 975 lb · 554 head
light 9-weight M&L 1 steers $220.29/cwt -7.79 vs last sale · ≈ $2,051/hd at 931 lb · 128 head
heavy 4-weight M&L 1 steers $308.83/cwt ≈ $1,452/hd at 470 lb · 62 head
HeadThis saleLast saleLast year
Total receipts 1,802 3,984 1,551
Feeder cattle 1,802 3,984 1,551

Sale not reported last week due to light receipts, compared to two weeks ago: best test on steers 900 to 999 lbs and 1100 to 1149 lbs 7.00 to 10.00 lower. Heifers not well tested today for comparison. Very good demand for this offering featuring several strings of steers and a handful of packages, most of these were weaned fall calves. Quality mostly attractive on the loads of cattle, more varied quality on packages, from plain to attractive. Flesh condition light to moderate plus. An active market with buyers many times taking multiple loads when offered. Most of the area is seeing a much needed rain today with another rainy day forecasted for tomorrow. Watch local listings for the next 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
450–496 470 62 300.00–316.00 $308.83 $1,452
543 543 24 305.00 $305.00 $1,656
552 552 53 313.00 $313.00 $1,728
653 653 24 281.00 $281.00 $1,835
758–777 768 24 238.00–247.00 $242.93 $1,866 -6.07
885 885 15 215.75 $215.75 $1,909 -17.50
913–948 931 128 218.00–222.75 $220.29 $2,051 -7.79
950–995 975 554 211.75–219.00 $217.49 $2,121 -6.85
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1003 1003 60 215.00 $215.00 $2,156 -3.14
1056–1061 1058 250 207.25–208.00 $207.50 $2,195
1131–1148 1140 222 196.00 $196.00 $2,234 -8.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
329 329 6 291.00 $291.00 $957
426 426 9 286.00 $286.00 $1,218
585 585 4 282.00 $282.00 $1,650
747 747 5 220.00 $220.00 $1,643
931 931 15 189.50 $189.50 $1,764

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
434 434 28 262.00 $262.00 $1,137
450 450 31 260.00 $260.00 $1,170
536 536 35 257.00 $257.00 $1,378
595 595 4 247.50 $247.50 $1,473
693 693 6 211.00 $211.00 $1,462 -22.45
713 713 21 221.00 $221.00 $1,576 -8.18
822 822 16 190.00 $190.00 $1,562 -27.61
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
311 311 8 255.00 $255.00 $793
506 506 4 229.00 $229.00 $1,159
743 743 9 200.00 $200.00 $1,486

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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.