Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, October 20, 2023

6,600 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $239.53/cwt +6.03 vs last sale · ≈ $2,319/hd at 968 lb · 1,026 head
light 9-weight M&L 1 steers $242.95/cwt -2.49 vs last sale · ≈ $2,259/hd at 930 lb · 731 head
heavy 4-weight M&L 1 steers $318.92/cwt ≈ $1,473/hd at 462 lb · 337 head
HeadThis saleLast saleLast year
Total receipts 6,600 2,684 4,135
Feeder cattle 6,600 2,684 4,135

Compared to last week: best test on yearling steers 850 to 899 lbs mostly steady, 900 to 950 lbs steady to 3.00 higher. Yearling heifers not well compared. A full house for the 42nd Anniversary Sale. A large offering of yearlings, mostly strings and loads, was met with good to very good demand. Flesh condition varied with cattle coming both off grass and out of yards. Quite a bit of quality variation also as producers clean up their yearlings for the season. First offering of spring calves for the season met with moderate to good demand with load lots seeing the best demand. Most of the calves had full preconditioning with all coming off the cow. Lots of green, light fleshed calves on offer but also some calves in moderate plus flesh that had seen some creep feed. An active market on yearlings, moderate on calves. Another day of losses on the board today. Quite a bit of uncertainty in the markets right now, especially on calves. Harvest is progressing but is still quite a way from finished and outlets for unweaned calves are somewhat limited. Next feeder cattle sale is Friday, October 27.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375–398 386 66 330.00–347.00 $336.79 $1,300
433 433 19 311.00 $311.00 $1,347
452–484 462 337 302.00–334.00 $318.92 $1,473
501–531 527 213 314.25–320.00 $315.57 $1,663
576–588 580 35 292.00 $292.00 $1,694
613–637 623 218 283.00–300.00 $292.49 $1,822
667 667 83 269.50 $269.50 $1,798
702–706 703 90 254.50–256.50 $255.99 $1,800
786 786 75 254.00 $254.00 $1,996
820–849 837 171 249.00–254.50 $251.16 $2,102
853–897 870 309 239.75–254.50 $247.59 $2,154 -6.11
900–948 930 731 235.75–252.00 $242.95 $2,259 -2.49
950–988 968 1,026 230.50–245.25 $239.53 $2,319 +6.03
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1009–1037 1021 365 231.75 $231.75 $2,366 -3.25
1053–1099 1076 635 210.50–222.75 $221.60 $2,384
1100 1100 59 221.75 $221.75 $2,439
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
308 308 38 267.50 $267.50 $824
379 379 4 325.00 $325.00 $1,232
499 499 13 290.00 $290.00 $1,447
625–629 627 40 246.00–255.50 $250.73 $1,572
661 661 73 259.00 $259.00 $1,712
789 789 21 231.00 $231.00 $1,823 -18.18
954 954 9 217.00 $217.00 $2,070

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
358–373 365 44 282.00 $282.00 $1,029
406 406 5 245.00 $245.00 $995
446 446 124 284.00 $284.00 $1,267
450–475 460 244 264.50–282.00 $275.39 $1,267
482 482 9 240.00 $240.00 $1,157
520 520 28 258.50 $258.50 $1,344
537 537 11 229.00 $229.00 $1,230
563–599 581 122 237.50–240.00 $238.88 $1,388
632 632 7 220.00 $220.00 $1,390
641 641 91 255.00 $255.00 $1,635
656 unweaned 656 43 234.00 $234.00 $1,535
724–735 730 175 235.50–237.00 $235.59 $1,720 -3.84
822–840 835 118 214.00–228.50 $223.72 $1,868 -14.52
862 862 27 227.00 $227.00 $1,957 -1.54
904–933 913 119 213.00–233.00 $220.86 $2,016 -6.44
972 972 20 206.00 $206.00 $2,002 -22.43
995 995 5 212.00 $212.00 $2,109
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
307 307 6 247.50 $247.50 $760
364 364 39 248.00 $248.00 $903
523 523 14 232.50 $232.50 $1,216
568–595 590 66 225.00–226.50 $226.22 $1,335 -2.78

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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.