Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, August 11, 2023

3,504 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $252.24/cwt +5.02 vs last sale · ≈ $2,311/hd at 916 lb · 1,175 head
heavy 8-weight M&L 1 steers $253.93/cwt +2.16 vs last sale · ≈ $2,235/hd at 880 lb · 669 head
heavy 9-weight M&L 1 steers $240.41/cwt +0.65 vs last sale · ≈ $2,382/hd at 991 lb · 512 head
HeadThis saleLast saleLast year
Total receipts 3,504 2,262 3,121
Feeder cattle 3,504 2,262 3,121

Compared to last week: best test on steers 850 to 949 lbs 2.00 to 3.00 higher, 950 to 999 lbs mostly steady. Heifers not well compared again this week. Two long strings of steers made up the majority of today's yearling offering with a few loads from other consignors sprinkled in. Most cattle were off grass but flesh still varied a bit, mostly light to moderate with some moderate plus at times. Quality similar to last week with most cattle average to attractive in quality. An active market with buyers eager to own cattle. Widespread rain over the weekend led to muddy conditions, a little more tag on the cattle today even coming off grass. Next feeder cattle sale is Friday, August 18, expecting 3000 head.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
718 718 9 275.00 $275.00 $1,974
762 762 11 256.00 $256.00 $1,951 -11.99
840–849 845 140 258.00 $258.00 $2,180 +5.59
854–899 880 669 253.75–255.75 $253.93 $2,235 +2.16
900–949 916 1,175 244.00–255.25 $252.24 $2,311 +16.74
980–999 991 512 237.25–242.25 $240.41 $2,382 +16.32
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1000–1029 1008 342 230.50–238.25 $236.49 $2,384

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
728 728 26 246.75 $246.75 $1,796
780 780 12 235.00 $235.00 $1,833 -1.00
851–852 851 92 234.25–244.00 $241.67 $2,057 +6.67

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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.