Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, February 23, 2024

2,918 head sold ·Official USDA report

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

light 7-weight M&L 1 steers $273.10/cwt +3.11 vs last sale · ≈ $1,972/hd at 722 lb · 351 head
light 6-weight M&L 1 steers $309.64/cwt +2.12 vs last sale · ≈ $1,926/hd at 622 lb · 322 head
heavy 6-weight M&L 1 steers $290.19/cwt +8.61 vs last sale · ≈ $1,950/hd at 672 lb · 310 head
HeadThis saleLast saleLast year
Total receipts 2,918 5,595 1,651
Feeder cattle 2,918 5,595 1,651

Compared to last week: steers 600 to 699 lbs steady to 3.00 higher, 700 to 799 mostly steady with an instance 10.00 higher on 750 to 799 lbs. Heifers 550 to 699 mostly steady. Good to very good demand for today's offering of quite a few loads and many packages. Quality similar to last week with many attractive cattle on offer, many home raised cattle again this week. Flesh varied, but mostly moderate to moderate plus overall. Cattle were clean and open haired today as lots continue to get a little better. An active market seen for this offering. The area is still experiencing mild weather and forecasts for next week have a few colder days but still very comfortable for the last week of February. Although mud has been an issue, these are still good feeding conditions. Next feeder cattle sale is Friday, March 1.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–435 431 59 344.00–355.00 $345.40 $1,489 -6.60
506–547 528 260 333.00–352.50 $339.30 $1,792 +8.81
562–563 563 15 322.00–327.00 $325.00 $1,830 +3.63
600–643 622 322 291.50–318.50 $309.64 $1,926 +2.12
651–687 672 310 286.00–304.00 $290.19 $1,950 +26.19
706–742 722 351 264.75–279.00 $273.10 $1,972 -0.20
767 767 72 230.50 $230.50 $1,768 -22.51
764–793 777 171 251.75–266.75 $259.71 $2,018 +6.70
801–836 830 82 242.50–254.00 $245.44 $2,037 -1.07
934 934 65 242.25 $242.25 $2,263
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
487 487 7 327.50 $327.50 $1,595 +4.55
503–546 520 13 327.00–329.50 $328.01 $1,706 +19.01
575 575 14 295.00 $295.00 $1,696 +9.00
622 622 30 250.00 $250.00 $1,555 -30.92
613–641 637 96 275.00–287.50 $284.74 $1,814 +3.82

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350 350 9 360.00 $360.00 $1,260
401–404 402 17 322.00–327.50 $323.95 $1,302 +21.77
453–484 469 71 298.00–318.00 $309.48 $1,451 +15.79
511–544 540 76 298.00–308.00 $307.18 $1,659 +4.69
543 543 8 279.00 $279.00 $1,515 -23.49
558 thin fleshed 558 142 301.00–302.00 $301.69 $1,683 -3.72
555–598 587 78 273.75–277.00 $274.54 $1,612 -1.81
603–623 616 119 273.00–280.00 $276.30 $1,702 +11.83
652–695 681 266 240.00–253.00 $248.76 $1,694 +0.09
717–721 720 25 232.50–241.00 $235.55 $1,696 -4.51
823 823 22 226.75 $226.75 $1,866
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
622 622 17 251.00 $251.00 $1,561 +13.21

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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.