Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, January 26, 2024

3,105 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $234.17/cwt ≈ $2,154/hd at 920 lb · 228 head
light 7-weight M&L 1 steers $254.21/cwt +17.11 vs last sale · ≈ $1,856/hd at 730 lb · 220 head
heavy 9-weight M&L 1 steers $224.72/cwt ≈ $2,211/hd at 984 lb · 217 head
HeadThis saleLast saleLast year
Total receipts 3,105 1,164 3,246
Feeder cattle 3,105 1,164 3,246

Too few cattle last week to compare to this week and develop an accurate price trend, higher undertones noted on both steers and heifers. Good to very good demand for today's large offering. Many loads and packages of attractive cattle to choose from, both home raised and backgrounded. Flesh varied quite a bit, from light to heavy. An active market throughout the day with the most activity seen on cattle suitable for grass. Buyers have gotten back much of the optimism seen earlier this fall as the futures continue to rise and conditions look to a promising summer and fall marketing season. Warmer temperatures this week and forecasted for next week which will give cattle and humans a much needed break. Next feeder cattle sale is Friday, February 2.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–440 437 59 323.00–340.50 $336.71 $1,471 —
459–498 483 24 327.50–335.00 $332.33 $1,605 +27.64
516–540 522 85 308.00–331.00 $323.70 $1,690 —
556–577 565 44 292.00–315.00 $298.57 $1,687 +14.80
611–646 627 168 282.00–288.00 $285.59 $1,791 +9.20
666 666 32 269.00 $269.00 $1,792 +15.00
705–745 730 220 241.00–258.00 $254.21 $1,856 +19.71
751 751 72 257.50 $257.50 $1,934 +11.50
816 816 22 228.00 $228.00 $1,860 -1.75
828–837 833 143 234.75–248.75 $242.23 $2,018 +12.48
859–886 873 136 243.50–245.25 $244.35 $2,133 +11.85
903–934 920 228 223.50–238.75 $234.17 $2,154 —
975–996 984 217 215.00–228.00 $224.72 $2,211 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
874 874 23 218.50 $218.50 $1,910 —
1015–1024 1022 145 215.00–226.00 $223.97 $2,289 —
1053–1066 1060 118 224.75 $224.75 $2,382 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
377 377 22 342.00 $342.00 $1,289 —
437 437 9 305.00 $305.00 $1,333 —
496 496 32 301.50 $301.50 $1,495 —
508 508 6 297.50 $297.50 $1,511 —
569–595 585 21 275.00–278.00 $276.89 $1,620 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380 380 10 323.00 $323.00 $1,227 —
411–445 428 39 299.00–315.00 $307.97 $1,318 —
457 457 63 296.00–308.75 $303.29 $1,386 +30.94
517–549 530 104 288.50–309.00 $300.69 $1,594 +40.69
555–591 577 82 264.00–287.00 $269.80 $1,557 +15.76
604–625 618 159 261.00–273.00 $269.43 $1,665 +32.43
693 693 88 250.75 $250.75 $1,738 +23.25
709–731 726 189 235.50–239.25 $237.60 $1,725 —
769–774 772 145 232.00–237.00 $234.37 $1,809 +14.87
863 863 66 225.00 $225.00 $1,942 —
868 868 17 204.50 $204.50 $1,775 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
775 775 33 220.25 $220.25 $1,707 —
1009 1009 23 202.50 $202.50 $2,043 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
471 471 9 279.00 $279.00 $1,314 —
505–512 507 17 280.00–281.00 $280.70 $1,423 —

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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.