Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, October 27, 2023

4,188 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $249.89/cwt +2.30 vs last sale · ≈ $2,184/hd at 874 lb · 868 head
heavy 9-weight M&L 1 steers $236.09/cwt -3.44 vs last sale · ≈ $2,285/hd at 968 lb · 706 head
light 9-weight M&L 1 steers $236.31/cwt -6.64 vs last sale · ≈ $2,217/hd at 938 lb · 364 head
HeadThis saleLast saleLast year
Total receipts 4,188 6,600 2,520
Feeder cattle 4,188 6,600 2,520

Compared to last week: best test on yearling steers 850 to 899 lbs and 950 to 999 lbs 2.00 to 3.00 lower, 900 to 949 lbs 6.00 to10.00 lower. Yearling heifers not well compared. Moderate to good demand for yearlings today. Mostly strings and loads off grass this week, some steers had been in the yard a couple weeks. Quality varied again this week, from plain to attractive. A lighter offering of calves this week with cancellations due to the winter weather the area received the last few days. An accurate price trend on calves could not be established. Moderate demand for calves with the weather playing a large part in this. As seen last week, there are price spreads caused by lack of shots and hide color at times. All calves were off the cow. Much of the region saw their first snow and cold temperatures are following for the next few days, taking on a bawling calf is a challenge most don't have the desire to take on. Futures ended on a positive note today. A moderate to active market for this offering. Next feeder cattle sale is Friday, November 3.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
412–441 426 37 309.00–315.00 $312.10 $1,330 +1.10
491 491 40 300.00 $300.00 $1,473 -18.92
519–538 524 142 285.00–308.50 $304.71 $1,597 -10.86
581–587 586 56 281.00–281.50 $281.38 $1,649 -10.62
634 634 92 286.00 $286.00 $1,813 -6.49
669 669 28 270.00 $270.00 $1,806 +0.50
750–761 756 60 246.00 $246.00 $1,860 -8.00
856–890 874 868 247.75–251.75 $249.89 $2,184 +2.30
909–945 938 364 234.00–242.00 $236.31 $2,217 -6.64
950–998 968 706 226.75–242.75 $236.09 $2,285 -3.44
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1001–1006 1004 118 234.25 $234.25 $2,352 +2.50
1072–1094 1091 127 215.50–216.00 $215.95 $2,356 -5.65
1101–1106 1103 171 216.00 $216.00 $2,382 -5.75
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
488 488 10 250.00 $250.00 $1,220 -40.00
516 516 21 266.00 $266.00 $1,373
564 564 17 240.00 $240.00 $1,354
676 676 27 250.50 $250.50 $1,693 -8.50
775 775 80 229.00 $229.00 $1,775 -2.00
834 834 34 230.00 $230.00 $1,918

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 4 295.00 $295.00 $1,018
360 360 12 296.00 $296.00 $1,066 +14.00
421–433 427 24 262.00–282.50 $276.06 $1,179 -7.94
455–488 461 62 250.00–259.00 $254.46 $1,173 -20.93
532–542 539 132 240.00–256.00 $251.33 $1,355 +22.33
802–848 824 137 233.25–242.00 $237.65 $1,958 +13.93
854–881 864 197 231.75–242.00 $238.71 $2,062 +11.71
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
339 339 4 260.00 $260.00 $881 +12.50
450–497 475 15 231.00–239.00 $234.54 $1,114
670 670 71 190.50 $190.50 $1,276

↑ Back to top

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.