Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, September 22, 2023

3,578 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $254.80/cwt -1.31 vs last sale · ≈ $2,222/hd at 872 lb · 1,167 head
light 8-weight M&L 1 steers $264.99/cwt +0.12 vs last sale · ≈ $2,205/hd at 832 lb · 698 head
heavy 9-weight M&L 1 steers $244.93/cwt +2.86 vs last sale · ≈ $2,383/hd at 973 lb · 628 head
HeadThis saleLast saleLast year
Total receipts 3,578 2,525 1,525
Feeder cattle 3,578 2,525 1,525

Compared to last week: best test on steers 800 to 999 lbs steady to 4.00 lower. Heifers not well compared again this week. Good to very good demand for yearlings this week. Loads and strings made up the majority of this offering with all the cattle coming off grass. Flesh similar to last week, mostly light to moderate. Many attractive quality cattle to choose from again this week, however buyers were less eager to buy multiple loads of the same cut. Market activity mostly active with the normal crowd of buyers in the seats. Rain today and expected through the weekend which could amount to several inches. Harvest has started but will be on hold if the rain accumulates. Next feeder cattle sale is Friday, September 29.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
650 650 56 293.50 $293.50 $1,908
700–721 719 89 271.00–284.00 $282.86 $2,034 +5.86
771 771 70 272.25 $272.25 $2,099 +10.95
805–849 832 698 258.00–268.75 $264.99 $2,205 +8.33
851–897 872 1,167 249.00–258.00 $254.80 $2,222 -1.31
903–948 925 545 244.00–255.25 $250.01 $2,313 +0.51
952–998 973 628 240.25–250.75 $244.93 $2,383 +2.86
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1006 1006 55 240.25 $240.25 $2,417

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
789 789 64 250.50 $250.50 $1,976 +3.29
804–838 822 76 235.00–248.50 $242.19 $1,991 +3.80
866–882 873 168 240.25–242.25 $240.79 $2,102 +0.76
906 906 9 229.50 $229.50 $2,079 -2.50
958–974 961 79 229.00–239.00 $236.95 $2,277
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1028 1028 34 231.00 $231.00 $2,375 +8.50

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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.