Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, August 18, 2023

3,011 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $249.95/cwt -3.98 vs last sale · ≈ $2,192/hd at 877 lb · 838 head
heavy 9-weight M&L 1 steers $237.80/cwt -2.61 vs last sale · ≈ $2,323/hd at 977 lb · 563 head
light 9-weight M&L 1 steers $248.19/cwt -4.05 vs last sale · ≈ $2,293/hd at 924 lb · 553 head
HeadThis saleLast saleLast year
Total receipts 3,011 3,504 2,458
Feeder cattle 3,011 3,504 2,458

Compared to last week: best test on steers 850 to 899 and 950 to 999 lbs mostly steady with instances up to 5.00 higher on 950 to 999 lbs, 900 to 949 lbs 2.00 to 3.00 lower. Heifers not well tested last week for comparison. Good demand for another large yearling offering selling in strings and loads. The majority of these cattle were off grass and in light to moderate flesh. A few loads of yard cattle offered, flesh mostly moderate to moderate plus on these cattle. Quality similar to last week. An active market but slightly less enthusiasm than last week to own cattle. Crop and grass conditions still looking good in this area as rains have been timely. Some wheat harvest has started. Next feeder cattle sale is Friday, August 25.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
750 750 19 280.00 $280.00 $2,100 +24.00
856–899 877 838 238.50–253.75 $249.95 $2,192 -3.98
901–947 924 553 244.25–251.50 $248.19 $2,293 -4.05
954–996 977 563 227.25–251.00 $237.80 $2,323 -2.61
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1011–1028 1020 114 230.50–237.25 $233.79 $2,385 -2.70

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
636 636 10 254.00 $254.00 $1,615
740–745 741 42 240.00–255.25 $251.60 $1,864 +4.85
766–782 776 447 244.00–250.25 $246.44 $1,912 +11.44
852–871 860 306 241.00 $241.00 $2,073 -0.67

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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.