Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, February 27, 2026

4,127 head sold ·Official USDA report

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

light 7-weight M&L 1 steers $410.91/cwt +4.13 vs last sale · ≈ $2,971/hd at 723 lb · 462 head
heavy 8-weight M&L 1 steers $356.13/cwt -21.62 vs last sale · ≈ $3,099/hd at 870 lb · 400 head
light 6-weight M&L 1 steers $454.74/cwt +2.19 vs last sale · ≈ $2,865/hd at 630 lb · 378 head
HeadThis saleLast saleLast year
Total receipts 4,127 1,906 4,742
Feeder cattle 4,127 1,906 4,742

Compared to last week: best test on steers 600 to 699 lbs mostly steady, other classes of steers and heifers not well compared. Very good demand for backgrounding or grass type cattle today, good to very good demand for finishing type cattle depending on flesh condition, very good demand for replacement heifers. A large offering of loads and packages of both home raised and backgrounded cattle. Overall quality more attractive than last week with many attractive cattle on offer, but carrying more flesh overall, flesh condition ranged from light to heavy. An active market despite large losses on the futures complex today. Mostly order buyers in the seats, even for replacement heifers. Next feeder cattle sale is Friday, March 6.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375 375 4 670.00 $670.00 $2,512
426–447 440 16 565.00–585.00 $578.95 $2,547 -20.47
457–461 459 29 530.00–575.00 $550.08 $2,525 -1.98
516–540 518 139 520.00–551.00 $547.80 $2,838 +28.20
544 unweaned 544 54 511.00 $511.00 $2,780
551–590 579 145 485.00–494.50 $490.95 $2,843 +4.57
600–648 630 378 433.00–469.00 $454.74 $2,865 +2.19
675–685 680 8 400.00–403.00 $401.51 $2,730 -23.44
671–691 683 132 426.25–437.00 $430.41 $2,940 +5.46
701–749 723 462 395.00–427.00 $410.91 $2,971 +4.13
753–794 766 162 367.00–392.00 $380.18 $2,912 -16.94
814–843 831 240 354.50–376.00 $366.65 $3,047 -20.74
849 849 30 342.50 $342.50 $2,908 -44.89
851–890 870 386 347.00–364.75 $356.86 $3,105 -20.89
875 875 14 336.00 $336.00 $2,940 -41.75
920–943 935 214 339.50–355.00 $350.74 $3,279 +14.74
959 959 65 351.50 $351.50 $3,371
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
541 541 8 465.00 $465.00 $2,516
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1041 1041 5 319.00 $319.00 $3,321

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
381 381 7 575.00 $575.00 $2,191 +15.00
411 411 4 510.00 $510.00 $2,096 -16.07
458–463 461 28 485.00–507.00 $495.94 $2,286 -37.06
517–538 523 43 456.00–483.00 $468.24 $2,449 +8.33
550–591 571 172 438.00–452.00 $448.03 $2,558 +6.85
605–649 626 72 400.00–429.00 $414.15 $2,593 -2.27
664–678 670 118 377.00–398.00 $393.39 $2,636 -26.61
705–746 721 320 364.00–395.00 $380.61 $2,744 +4.61
734 734 43 421.00 $421.00 $3,090 +45.00
753–783 769 44 365.50–373.00 $369.66 $2,843 +8.16
769 769 81 415.00 $415.00 $3,191 +53.50
787 787 54 341.00 $341.00 $2,684 -20.50
814–830 825 197 327.00–339.00 $335.33 $2,766
826–844 835 58 348.00 $348.00 $2,906
861–899 879 116 325.50–331.75 $330.55 $2,906
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
533 533 9 430.00 $430.00 $2,292 -40.00
580 580 22 397.50 $397.50 $2,306

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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.