Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, May 17, 2024

7,606 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $254.61/cwt +1.99 vs last sale · ≈ $2,220/hd at 872 lb · 1,069 head
heavy 9-weight M&L 1 steers $240.67/cwt +3.13 vs last sale · ≈ $2,337/hd at 971 lb · 811 head
light 9-weight M&L 1 steers $242.72/cwt +0.59 vs last sale · ≈ $2,231/hd at 919 lb · 652 head
HeadThis saleLast saleLast year
Total receipts 7,606 3,037 6,374
Feeder cattle 7,606 3,037 6,374

First reported sale in three weeks so an accurate price trend can not be established. A special BBQ sale today, formerly known as the Birthday Sale, featuring a large offering of many strings, loads, and packages of both home raised and backgrounded cattle including quite a few fall born calves. Very good demand for all classes of cattle today. Grass turnout is upon us and cattle which could fill empty pastures were very sought after. Varied flesh condition today, from moderate to some heavy flesh, buyers showed less discrimination toward flesh condition and more interest in getting cattle bought. An active market which just got stronger throughout the day. Many opportunities to buy multi[le loads to fill pens which buyers took advantage of. No sale next week due to Memorial Day weekend, watch local listings for the next feeder cattle sale.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
351–353 352 17 385.00–395.00 $392.07 $1,380
426 426 59 405.00 $405.00 $1,725
466–473 467 31 382.50–386.00 $385.31 $1,799 +45.31
503–516 514 29 350.00–376.00 $372.49 $1,915 +47.49
563–570 569 117 328.00–337.50 $336.46 $1,914 -7.54
601–640 632 175 305.00–311.00 $306.01 $1,934 +7.97
661–685 676 69 302.00–314.50 $306.22 $2,070 +7.24
705–748 720 230 284.00–299.00 $293.01 $2,110 +7.34
706–749 727 67 267.00–276.00 $271.24 $1,972 -14.43
761–795 777 457 261.50–285.75 $276.38 $2,147 +6.00
809 fancy 809 63 284.00 $284.00 $2,298
820–846 838 132 253.00–264.25 $261.96 $2,195 -5.01
850–899 871 1,024 245.50–266.00 $255.19 $2,223 +2.57
891 891 45 241.50 $241.50 $2,152 -11.12
904–940 918 588 240.00–248.00 $243.67 $2,237 +1.54
929 929 64 234.00 $234.00 $2,174 -8.13
953–997 971 811 228.75–245.75 $240.67 $2,337 +3.13
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1020–1043 1031 196 222.25–238.25 $234.63 $2,419 +5.88
1052–1078 1067 479 225.75–233.75 $227.18 $2,424
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
383 383 9 360.00 $360.00 $1,379
446 446 23 346.00 $346.00 $1,543
489 489 10 347.00 $347.00 $1,697
519–523 521 11 310.00–334.00 $323.05 $1,683
626 626 7 294.00 $294.00 $1,840
680–699 690 56 276.00–291.50 $283.86 $1,959
828 828 70 245.00 $245.00 $2,029
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1048 1048 50 212.25 $212.25 $2,224

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
321 321 7 341.00 $341.00 $1,095
391 391 9 342.50 $342.50 $1,339 +30.50
400 400 5 332.50 $332.50 $1,330
401 thin fleshed 401 56 373.00 $373.00 $1,496
456–484 474 85 330.00–355.00 $339.19 $1,608 +41.69
512 thin fleshed 512 30 346.00 $346.00 $1,772
509–549 538 22 312.00–315.00 $314.23 $1,691 +8.24
557–595 585 73 294.00–298.00 $297.07 $1,738 +15.99
606–646 621 192 276.00–294.00 $288.79 $1,793 +12.72
651–695 683 425 260.50–283.00 $270.19 $1,845 +5.45
748 748 12 245.00 $245.00 $1,833 -15.70
751–794 776 562 239.50–256.50 $249.93 $1,939 +0.45
801–847 821 261 236.50–248.75 $245.55 $2,016 +13.08
841 841 27 258.00 $258.00 $2,170
857–866 862 58 239.00–243.00 $240.65 $2,074 +13.65
913 913 18 221.00 $221.00 $2,018
966–970 969 91 221.00–225.50 $222.28 $2,154
992 992 6 211.00 $211.00 $2,093

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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.