Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, August 2, 2024

3,398 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $250.68/cwt -7.32 vs last sale · ≈ $2,319/hd at 925 lb · 995 head
heavy 9-weight M&L 1 steers $241.01/cwt -3.31 vs last sale · ≈ $2,352/hd at 976 lb · 885 head
heavy 8-weight M&L 1 steers $251.62/cwt -11.60 vs last sale · ≈ $2,169/hd at 862 lb · 139 head
HeadThis saleLast saleLast year
Total receipts 3,398 2,511 2,262
Feeder cattle 3,398 2,511 2,262

First reported sale in recent weeks so an accurate price trend can not be established. Good to very good demand for this large yearling offering with the majority being black steers off grass selling in strings and loads. Quality and flesh were both attractive, with most of the grass cattle in light to moderate flesh. A few loads of cattle out of lots, some heavy flesh seen on these. An active market with the usual crowd of buyers in the seats and selecting multiple loads to fill pens. The past couple weeks have been hot and humid with some areas seeing thunderstorms, overall a nice rain would be welcome although crops and grass still look very good. Cooler weather expected for next week. Next feeder cattle sale is Friday, August 9.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
766 766 136 270.00 $270.00 $2,068 -13.00
846 846 61 251.00 $251.00 $2,123 -19.55
851–884 862 139 248.00–252.50 $251.62 $2,169 -11.60
905–949 925 995 244.25–254.25 $250.68 $2,319 -7.32
951–989 976 885 236.25–244.50 $241.01 $2,352 -9.49
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1000–1047 1025 855 229.00–233.50 $231.84 $2,376 -4.18
1051–1060 1053 72 225.50–230.75 $229.65 $2,418 -2.85
1127 1127 52 224.50 $224.50 $2,530 +7.00
1129 1129 48 214.25 $214.25 $2,419 -3.25

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1080 1080 40 204.50 $204.50 $2,209 -7.50

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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.