Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, October 6, 2023

3,290 head sold ·Official USDA report

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

light 9-weight M&L 1 heifers $225.51/cwt -5.88 vs last sale · ≈ $2,081/hd at 923 lb · 497 head
light 7-weight M&L 1 steers $266.49/cwt ≈ $1,940/hd at 728 lb · 433 head
light 8-weight M&L 1 heifers $235.14/cwt -3.86 vs last sale · ≈ $1,946/hd at 827 lb · 284 head

Receipts

HeadThis saleLast saleLast year
Total receipts 3,290 3,001 2,576
Feeder cattle 3,290 3,001 2,576

Market comments — USDA reporter

Compared to last week: best test on steers 850 to 899 lbs 2.00 to 4.00 lower, other weight classes of steers not well compared. Best test on heifers 850 to 949 lbs 2.00 to 5.00 higher. Good demand for yearlings today. Similar to last week, most of the yearlings sold in loads and strings with the majority coming off grass. A couple consignments of lot cattle, these are met with less demand as there are still lots of good, green grass cattle on offer. Quality similar to last week with most cattle being average to attractive in quality. One consignment of spring calves offered and met with light demand, Its a bit early for calves in this area yet and too many guys are trying to harvest and get more of the fall work done. An active market with more buyers in the seats this week and a positive bump in the futures today. The first freeze of the season expected tonight. Next feeder cattle sale is Friday, October 13.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
395 395 9 327.50 $327.50 $1,294 —
489 489 30 329.00 $329.00 $1,609 —
717–744 728 433 257.00–274.75 $266.49 $1,940 —
761–784 773 145 259.50–261.00 $260.22 $2,012 -7.78
804–848 830 261 250.50–265.50 $259.56 $2,154 -1.24
852–895 871 266 240.00–249.75 $245.78 $2,141 -4.91
902–945 910 218 229.50–245.50 $234.50 $2,134 -10.37
979–982 980 119 238.50 $238.50 $2,337 +2.28
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1001–1032 1015 177 220.25–238.50 $231.02 $2,345 -2.95

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
392 392 16 282.50 $282.50 $1,107 —
477 477 21 252.50 $252.50 $1,204 —
717–745 731 189 244.25–253.25 $249.40 $1,823 +11.40
763 763 63 248.50 $248.50 $1,896 —
823 823 75 220.50 $220.50 $1,815 -18.50
808–843 829 209 231.00–245.50 $240.39 $1,993 +1.39
852–868 858 155 234.50–236.50 $236.00 $2,025 +7.95
904–943 923 497 215.25–233.75 $225.51 $2,081 -5.88
957–986 962 52 230.00–233.25 $232.67 $2,238 +16.17
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
677 677 18 237.00 $237.00 $1,604 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1014 1014 7 229.50 $229.50 $2,327 +11.99
1051 1051 8 218.50 $218.50 $2,296 —

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Reading this report

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.