Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, September 29, 2023

3,001 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $244.87/cwt -5.14 vs last sale · ≈ $2,270/hd at 927 lb · 685 head
heavy 9-weight M&L 1 steers $235.66/cwt -9.27 vs last sale · ≈ $2,288/hd at 971 lb · 608 head
heavy 8-weight M&L 1 heifers $228.05/cwt -12.74 vs last sale · ≈ $2,018/hd at 885 lb · 342 head
HeadThis saleLast saleLast year
Total receipts 3,001 3,578 2,576
Feeder cattle 3,001 3,578 2,576

Compared to last week: best test on steers 850 to 999 lbs 2.00 to 5.00 lower. Heifers not well compared. Another large yearling offering this week selling mostly in loads and strings and met with moderate to good demand. A few more lot cattle this week, however, the majority of the cattle are still coming off grass. More flesh overall this week even on grass cattle. A moderate to active market with a few less buyers in the seats and this weeks' futures numbers making for a more cautious market. Rain last weekend along with this weeks' mostly cloudy weather has halted harvest for the most part. Next feeder cattle sale is Friday, October 6.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
691 691 70 270.00 $270.00 $1,866
796 796 63 268.00 $268.00 $2,133 -4.25
801–831 816 44 258.00–262.50 $260.80 $2,128 -4.19
864–895 882 332 248.50–254.00 $250.69 $2,211 -4.11
906–949 927 685 234.25–250.00 $244.87 $2,270 -5.14
967 967 21 220.00 $220.00 $2,127 -24.93
951–990 971 587 231.25–241.25 $236.22 $2,294 -8.71
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1014–1048 1025 271 224.50–236.50 $233.97 $2,398 -6.28
1048 1048 62 219.00 $219.00 $2,295
1133 1133 55 215.50 $215.50 $2,442

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
727 727 5 238.00 $238.00 $1,730
842 842 8 239.00 $239.00 $2,012 -3.19
880–889 885 342 226.75–229.50 $228.05 $2,018 -12.74
902–943 917 165 230.00–232.00 $231.39 $2,122 +1.89
996 996 8 216.50 $216.50 $2,156 -20.45
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1037–1046 1040 20 212.00–220.50 $217.51 $2,262 -13.49

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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.