Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, August 16, 2024

1,009 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $241.04/cwt +1.59 vs last sale · ≈ $2,333/hd at 968 lb · 329 head
light 9-weight M&L 1 steers $242.41/cwt -6.51 vs last sale · ≈ $2,281/hd at 941 lb · 128 head
heavy 8-weight M&L 1 steers $250.75/cwt ≈ $2,219/hd at 885 lb · 73 head
HeadThis saleLast saleLast year
Total receipts 1,009 1,121 3,011
Feeder cattle 1,009 1,121 3,011

Compared to last week: best test on steers 950 to 999 lbs mostly steady, 900 to 949 lbs and 1000 to 1049 lbs steady to 3.00 lower on a narrow comparison. Good demand for another light yearling offering featuring predominately black steers off grass selling in loads and strings. Quality similar to last week. Flesh varied a bit more this week as the cattle came from a couple different consignors, a few more cattle in moderate plus flesh this week. An active market with the normal crowd of buyers attending, buyers are still taking multiple loads of cattle when offered but the optimism seen earlier this summer has changed as the futures continue to lose ground. At this time both live and feeder cattle futures are negative. Some rain across the area this week, some heavy rains seen in places. 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
831 831 8 247.00 $247.00 $2,053
885 885 73 250.75 $250.75 $2,219
935–947 941 128 241.00–243.75 $242.41 $2,281 -6.51
951–989 968 329 238.75–243.75 $241.04 $2,333 +1.59
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1040–1049 1045 117 235.00 $235.00 $2,456
1050–1063 1055 289 227.00–235.25 $233.47 $2,463

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
832 832 6 239.00 $239.00 $1,988 +2.50
904–936 925 12 232.00–233.50 $233.01 $2,155
958 958 25 236.00 $236.00 $2,261

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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.