Cattle Market Herreid Livestock Market Report
Herreid, South Dakota · USDA-reported Auction Livestock
Sale of Friday, August 23, 20241,426 head sold ·Official USDA report
This is an archived report. See the latest Herreid Livestock Market report →
Receipts
| Head | This sale | Last sale | Last year |
|---|---|---|---|
| Total receipts | 1,426 | 1,009 | 3,481 |
| Feeder cattle | 1,426 | 1,009 | 3,481 |
Market comments — USDA reporter
New to these tables? Plain-English explainers ↓
Feeder Steers
| Weight (lb) | Avg wt | Head | Price range | Avg $ | ≈ $/hd | Δ last sale |
|---|---|---|---|---|---|---|
| 1019–1044 | 1027 | 274 | 228.25–232.00 | $230.85 | $2,371 | -4.15 |
| 1095 | 1095 | 288 | 225.50 | $225.50 | $2,469 | — |
| Weight (lb) | Avg wt | Head | Price range | Avg $ | ≈ $/hd | Δ last sale |
|---|---|---|---|---|---|---|
| 738 | 738 | 10 | 270.00 | $270.00 | $1,993 | — |
| 758 | 758 | 19 | 258.50 | $258.50 | $1,959 | — |
| 854–877 | 861 | 56 | 240.00–251.00 | $247.80 | $2,134 | -2.95 |
| 941 | 941 | 28 | 230.50 | $230.50 | $2,169 | -11.91 |
| 959–982 | 978 | 366 | 236.75–239.75 | $237.27 | $2,321 | -3.77 |
Feeder Heifers
| Weight (lb) | Avg wt | Head | Price range | Avg $ | ≈ $/hd | Δ last sale |
|---|---|---|---|---|---|---|
| 785 | 785 | 14 | 242.50 | $242.50 | $1,904 | — |
| 810 | 810 | 4 | 237.00 | $237.00 | $1,920 | — |
| 845 | 845 | 66 | 230.50 | $230.50 | $1,948 | -8.50 |
| 920–940 | 930 | 127 | 222.75–226.00 | $224.42 | $2,087 | -8.59 |
| Weight (lb) | Avg wt | Head | Price range | Avg $ | ≈ $/hd | Δ last sale |
|---|---|---|---|---|---|---|
| 521 | 521 | 7 | 281.00 | $281.00 | $1,464 | — |
| 591 | 591 | 11 | 261.00 | $261.00 | $1,543 | — |
Reading this report
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.
Compared to last week: Feeder steers 2.00 to 5.00 lower, except 850-900 lbs steady. Good demand for this nice offering of long strings of yearling steers and heifers, primarily offered in load lots and multiple load lots, a few packages and part loads offered as well. Flesh conditions ranged from light to moderate plus, and quality was attractive. The market was active as there was a lot of buying power in the seats, yet cattle feeders are becoming much more cautious in their approach to the market as the much lower outlook that the CME Live Cattle contracts are currently projecting is very concerning. Cash fed cattle continue to trade with a very strong positive basis, even though they traded lower again this week. Next feeder cattle auction will be in 2 weeks, Sept. 6, 2024.