Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, March 1, 2024

3,985 head sold ·Official USDA report

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

light 7-weight M&L 1 steers $277.36/cwt +4.26 vs last sale · ≈ $1,962/hd at 707 lb · 530 head
heavy 8-weight M&L 1 steers $244.51/cwt ≈ $2,135/hd at 873 lb · 391 head
light 8-weight M&L 1 steers $252.51/cwt +7.07 vs last sale · ≈ $2,068/hd at 819 lb · 380 head
HeadThis saleLast saleLast year
Total receipts 3,985 2,918 3,410
Feeder cattle 3,985 2,918 3,410

Compared to last week: steers 600 to 649 lbs and 700 to 799 lbs mostly steady, 650 to 699 lbs 3.00 lower. Best test on heifers 600 to 649 lbs steady to 2.00 lower, 650 to 699 lbs 3.00 to 5.00 higher. Good demand for this week's large offering which featured many packages, loads, and several multiple load lots from the same consignor. More flesh overall than seen last week and more finishing type cattle. Lighter, green cattle which could go to grass continue to see very good demand as guys try finish up grass orders. Some tag on the cattle at times depending on lots conditions as the weather continues to be much warmer than normal for this season. An active market seen for the offering. Futures contracts finished the week on a positive note after down action all week. Next feeder cattle sale is Friday, March 8.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
416–444 435 31 330.00–350.00 $339.55 $1,477 -5.85
474 474 12 337.00 $337.00 $1,597
503–534 510 22 331.00–349.50 $344.43 $1,757 +5.13
554–579 565 299 316.00–331.00 $326.78 $1,846 +1.78
618–646 641 112 297.00–320.00 $304.47 $1,952 -5.17
651–690 676 104 271.00–294.00 $283.33 $1,915 -6.86
700–717 707 513 271.00–283.50 $277.84 $1,964 +4.74
719 719 17 263.00 $263.00 $1,891 -10.10
762–799 782 178 252.75–264.00 $258.16 $2,019 -1.55
805–845 819 380 244.00–254.75 $252.51 $2,068 +7.07
850–898 873 391 238.00–254.25 $244.51 $2,135
917–920 920 66 232.50–245.00 $243.11 $2,237 +0.86
976–990 983 34 217.00–225.00 $222.59 $2,188
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
434 434 18 320.00 $320.00 $1,389
476 476 33 300.00 $300.00 $1,428 -27.50
576–595 590 80 290.00–308.00 $301.77 $1,780 +6.77
638 638 8 288.00 $288.00 $1,837 +3.26

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
421 421 4 322.50 $322.50 $1,358 -1.45
465 465 14 322.00 $322.00 $1,497 +12.52
451–492 476 64 282.50–302.50 $292.62 $1,393 -16.86
488 488 8 277.50 $277.50 $1,354 -31.98
505–548 533 116 280.00–300.00 $296.07 $1,578 -11.11
550–597 579 213 264.00–276.00 $271.06 $1,569 -3.48
608–648 626 205 261.00–277.50 $270.18 $1,691 -6.12
651 651 45 269.50 $269.50 $1,754 +20.74
651–690 684 128 252.00–258.50 $257.05 $1,758 +8.29
689 689 43 248.00 $248.00 $1,709 -0.76
701–733 710 247 238.00–255.00 $250.27 $1,777 +14.72
710 710 21 225.50 $225.50 $1,601 -10.05
757–788 781 153 235.50–249.00 $238.60 $1,863
824–848 841 94 226.00–232.50 $230.68 $1,940 +3.93
886 886 24 227.00 $227.00 $2,011
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
406 406 7 277.50 $277.50 $1,127
459 459 35 261.00 $261.00 $1,198
505 505 15 267.50 $267.50 $1,351
634 634 22 255.75 $255.75 $1,621 +4.75
669 669 7 223.00 $223.00 $1,492
741 741 9 219.25 $219.25 $1,625

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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.