Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, August 4, 2023

2,262 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $247.22/cwt +14.55 vs last sale · ≈ $2,289/hd at 926 lb · 781 head
light 8-weight M&L 1 steers $252.41/cwt +6.91 vs last sale · ≈ $2,087/hd at 827 lb · 431 head
heavy 8-weight M&L 1 steers $251.77/cwt +2.77 vs last sale · ≈ $2,175/hd at 864 lb · 297 head
HeadThis saleLast saleLast year
Total receipts 2,262 2,206 2,327
Feeder cattle 2,262 2,206 2,327

Compared to two weeks ago: best test on steers 900 to 999 lbs 7.00 to 10.00 higher. Heifers too lightly tested today for comparison. Very good demand for yearlings today with best demand seen for grass cattle, about 75 percent of this offering came off grass. Just a few packages with most of the offering selling in strings and loads, flesh ranged from light to some heavy. Most cattle were average to attractive quality. An active market with buyers taking all the loads of a weight class when given the opportunity. This was a hot and humid week with some thundershowers mixed in, some areas saw substantial rain. Rain forecasted for the weekend with cooler temps to follow next week. 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
546 546 5 302.00 $302.00 $1,649
575 unweaned 575 15 287.00 $287.00 $1,650
582 582 5 310.00 $310.00 $1,804
655–659 656 27 282.50–290.00 $287.21 $1,884
764–791 777 135 266.00–270.00 $267.99 $2,082
809–848 827 431 248.50–262.75 $252.41 $2,087 +6.91
858–876 864 297 247.00–252.25 $251.77 $2,175 +2.77
916 916 72 235.50 $235.50 $2,157 +2.83
901–945 927 709 245.25–252.25 $248.41 $2,303 +15.74
952–996 978 240 238.50–247.75 $241.20 $2,359 +12.23
992–993 993 22 223.00–225.00 $224.09 $2,225 -4.88
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1062 1062 59 224.50 $224.50 $2,384 +1.31
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
539 539 9 267.00 $267.00 $1,439
683 683 6 247.50 $247.50 $1,690
741 741 22 255.00 $255.00 $1,890

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
456 unweaned 456 6 282.50 $282.50 $1,288
563 unweaned 563 11 276.00 $276.00 $1,554
633 633 9 262.00 $262.00 $1,658
790 790 9 236.00 $236.00 $1,864 +5.82
870 870 12 235.00 $235.00 $2,044 +9.35
929 929 35 207.00 $207.00 $1,923 -16.47
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
537 537 22 285.00 $285.00 $1,530

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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.