Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, March 15, 2024

2,379 head sold ·Official USDA report

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

heavy 7-weight M&L 1 steers $272.59/cwt +7.93 vs last sale · ≈ $2,134/hd at 783 lb · 331 head
heavy 8-weight M&L 1 steers $254.54/cwt +4.30 vs last sale · ≈ $2,235/hd at 878 lb · 259 head
light 7-weight M&L 1 steers $283.90/cwt +4.33 vs last sale · ≈ $2,084/hd at 734 lb · 220 head
HeadThis saleLast saleLast year
Total receipts 2,379 2,006 4,010
Feeder cattle 2,379 2,006 4,010

Compared to last week: best test on steers 600 to 649 lbs 2.00 higher, 750 to 799 lbs and 850 to 899 lbs 5.00 to 7.00 higher with instances up to 10.00 higher on 750 to 799 lbs. Heifers not well compared today. Good to very good demand for all classes of cattle today. Aside from a string of backgrounded steers, the majority of the offering was home raised. Quality and flesh were very attractive and cattle were clean hided and open haired. Quite a few guys still trying to fill their grass orders, a task that gets tougher every week as supplies dwindle and has also gotten quite a bit more expensive. Market was active to very active. Buyers are determined to own cattle for the fall marketing season. The futures ended the day on a positive note. The weather is expected to cool off over the weekend and next week with a chance of snow. Next feeder cattle sale is Friday, March 22.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
362 362 14 411.00 $411.00 $1,488
424 424 26 398.00 $398.00 $1,688
488 488 14 364.00 $364.00 $1,776
506–541 521 66 322.50–350.00 $345.77 $1,801 -1.01
559–582 575 43 318.00–335.00 $325.28 $1,870 +32.78
610–643 619 204 299.00–324.00 $317.24 $1,964 +27.24
650–662 656 33 299.00–304.50 $301.81 $1,980 +15.85
725 fancy 725 57 296.50 $296.50 $2,150
703–746 737 163 274.00–289.00 $279.50 $2,060 -2.50
765–798 783 331 265.00–277.50 $272.59 $2,134 +7.93
808–846 813 77 259.00–268.50 $267.09 $2,171 +7.60
859–894 878 259 250.00–259.00 $254.54 $2,235 +3.42
909 909 63 251.50 $251.50 $2,286 +7.46
980 980 64 240.25 $240.25 $2,354 -0.90
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–491 467 16 332.50–337.50 $335.10 $1,565
569 569 8 285.00 $285.00 $1,622

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
431 431 45 346.00 $346.00 $1,491 +30.00
476–496 485 29 310.00–320.00 $315.57 $1,531 +0.57
500–541 522 78 301.00–319.00 $309.08 $1,613 +10.64
551–579 571 67 284.00–304.00 $291.51 $1,665 +8.06
608–644 639 153 275.00–291.00 $280.74 $1,794 +22.74
660–686 675 149 263.50–276.50 $269.13 $1,817 +13.33
711–719 714 14 243.00–244.00 $243.43 $1,738 -7.92
726–748 746 79 263.00–267.00 $263.34 $1,965 +11.99
756–766 764 55 230.00–241.50 $238.99 $1,826 -3.47
817–838 825 66 234.50–246.00 $241.75 $1,994
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
418 418 9 312.50 $312.50 $1,306
543 543 7 280.00 $280.00 $1,520

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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.