Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, May 31, 2024

2,750 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $256.04/cwt +1.43 vs last sale · ≈ $2,256/hd at 881 lb · 671 head
light 9-weight M&L 1 steers $247.51/cwt +4.79 vs last sale · ≈ $2,292/hd at 926 lb · 420 head
heavy 9-weight M&L 1 steers $238.19/cwt -2.48 vs last sale · ≈ $2,332/hd at 979 lb · 383 head
HeadThis saleLast saleLast year
Total receipts 2,750 7,606 6,374
Feeder cattle 2,750 7,606 6,374

Compared to the large BBQ sale two weeks ago: best test on steers 800 to 849 lbs 3.00 to 5.00 higher, 850 to 899 lbs and 950 to 999 lbs 3.00 to 5.00 lower, 900 to 949 lbs steady to 2.00 higher. Best test on heifers 750 to 799 lbs mostly steady. Good to very good demand for today's offering of mostly strings and loads of backgrounded steers and a couple packages of home raised cattle. Flesh varied, mostly moderate plus overall. Quality mostly attractive on loads and strings, more varied quality on packages, from plain to attractive. An active market with buyers taking multiple loads of cattle quite a few times when offered. Feeder and live cattle futures lower again today, buyers seem to pay little attention to this and are wanting cattle in their pens to market later this summer and fall. Pairs sold after feeder cattle with many producers in the stands interested in buying pairs, grass conditions for the area look very good so far this summer. 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
509 509 49 365.25 $365.25 $1,859 -7.24
559 559 8 335.00 $335.00 $1,873 -1.46
779–794 793 74 270.50–280.00 $271.26 $2,151 -5.12
805–849 828 252 258.75–270.75 $266.04 $2,203 +4.08
850–891 881 671 252.25–258.75 $256.04 $2,256 +0.85
901–941 926 420 244.50–250.00 $247.51 $2,292 +13.51
963–991 979 383 237.75–239.25 $238.19 $2,332 -2.48
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
433 433 5 347.50 $347.50 $1,505 +1.50
495 495 24 339.00 $339.00 $1,678 -8.00
644 644 39 291.00 $291.00 $1,874 -3.00
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1005 1005 52 237.50 $237.50 $2,387 +2.87

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
477 477 11 328.00 $328.00 $1,565 -11.19
534 534 29 299.00 $299.00 $1,597 -15.23
558–560 559 30 301.00–302.50 $302.00 $1,688 +4.93
614 614 4 283.00 $283.00 $1,738 -5.79
678–692 690 90 261.00–276.75 $275.86 $1,903 +5.67
767–793 785 125 241.00–244.00 $242.93 $1,907 -7.00
788–791 789 74 256.00 $256.00 $2,020 +6.07
802–836 805 85 239.75–245.00 $240.69 $1,938 -4.86
862–875 863 69 233.00–239.25 $238.88 $2,062 -1.77
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490 490 21 299.00 $299.00 $1,465
586 586 39 286.00 $286.00 $1,676

↑ Back to top

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.