Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, April 12, 2024

2,861 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $230.92/cwt -12.83 vs last sale · ≈ $2,154/hd at 933 lb · 398 head
light 7-weight M&L 1 steers $283.66/cwt -0.25 vs last sale · ≈ $2,048/hd at 722 lb · 382 head
heavy 8-weight M&L 1 steers $243.90/cwt -5.58 vs last sale · ≈ $2,121/hd at 870 lb · 283 head
HeadThis saleLast saleLast year
Total receipts 2,861 3,703 5,256
Feeder cattle 2,861 3,703 5,256

Compared to last week: best test on steers 700 to 749 and 800 to 849 lbs 4.00 to 8.00 lower, 750 to 799 lbs and 850 to 899 lbs steady to 2.00 lower. Heifers not well compared this week. Moderate to good demand for today's offering featuring several strings of backgrounded cattle as well as loads and packages of home raised cattle. Lighter cattle with backgrounding or grass options saw the best demand. Flesh varied, from moderate to some heavy flesh at times. Buyers are more critical of flesh condition than they were several weeks ago. Quality mostly average to attractive today. A moderate to active market with the uncertainty of the board putting pressure on the cash market. Buyers are more cautious and many times taking only one load out of multiple load opportunities. Today was another day of losses on both live and feeder cattle futures. Very warm weather forecasted for the weekend with a chance of rain for next week. Next feeder cattle sale is Friday, April 19.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
519 519 8 321.00 $321.00 $1,666 -19.00
557–560 559 26 316.00–322.00 $320.62 $1,792 -8.77
604–643 617 89 288.00–309.00 $301.72 $1,862 +12.72
663 663 85 302.00 $302.00 $2,002 +15.14
700–748 721 335 278.00–296.50 $285.39 $2,058 -8.27
728–731 729 47 270.50–274.00 $271.32 $1,978 -22.34
780–781 781 99 269.00–277.75 $272.00 $2,124 -4.75
780–799 791 29 240.50–245.00 $242.34 $1,917 -34.41
833–844 838 199 254.75–257.25 $255.60 $2,142 -4.94
852–887 864 200 247.50–252.00 $250.52 $2,164 +0.07
880–884 883 83 226.00–232.50 $227.94 $2,013 -4.06
915–946 933 398 229.00–233.75 $230.92 $2,154 -12.83
952–957 955 170 229.00–233.75 $232.18 $2,217 +5.23
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1005 1005 55 213.75 $213.75 $2,148
1030–1041 1036 163 218.00–219.50 $218.49 $2,264

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
357–382 365 18 322.50–327.50 $324.24 $1,183
449 449 24 307.50 $307.50 $1,381 -25.28
499 499 43 297.00–300.50 $298.47 $1,489 -14.05
504 504 7 311.00 $311.00 $1,567 +15.59
558 558 72 296.00 $296.00 $1,652 +12.63
636 636 27 278.00 $278.00 $1,768 +14.90
660–697 685 50 252.00–268.50 $259.08 $1,775 +7.18
719–748 743 122 239.75–250.50 $243.43 $1,809 -26.57
757 757 37 231.75 $231.75 $1,754 -10.77
759 759 8 208.00 $208.00 $1,579 -34.52
812–834 830 98 220.75–222.25 $221.05 $1,835 -42.40
851–879 873 83 214.50–215.75 $215.49 $1,881
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
538 538 21 285.50 $285.50 $1,536 +4.50
606–631 623 13 247.00–252.50 $248.65 $1,549 -2.35

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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.