Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, September 11, 2026

1,945 head sold ·Official USDA report

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

light 8-weight M&L 1 steers $369.60/cwt ≈ $3,071/hd at 831 lb · 536 head
light 9-weight M&L 1 steers $345.87/cwt +26.56 vs last sale · ≈ $3,248/hd at 939 lb · 511 head
heavy 8-weight M&L 1 steers $364.31/cwt +30.84 vs last sale · ≈ $3,206/hd at 880 lb · 376 head
HeadThis saleLast saleLast year
Total receipts 1,945 1,484 2,734
Feeder cattle 1,945 1,484 2,734

First reported sale in recent weeks so an accurate price trend can not be established. A nice offering of yearlings today with all the cattle coming right off grass and met with good to very good demand. Mostly strings and loads of steers on offer with a few packages of tested open heifers thrown in. Most cattle average to attractive in quality and carrying light flesh. An active market with buyers taking multiple loads of cattle many times. Cattle feeders are feeling a little more positivity in the market as the futures complex recovers some ground lost earlier, however, outgoing cattle continue to lose money. Next feeder cattle sale is Friday, September 18.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
661–670 667 18 376.00–380.00 $377.54 $2,518 —
816–848 831 536 356.00–372.75 $369.60 $3,071 —
858–895 880 376 361.25–371.75 $364.31 $3,206 +30.84
929–949 939 511 334.50–350.50 $345.87 $3,248 +26.56
971–976 974 175 342.25 $342.25 $3,334 +22.52

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
684 684 28 359.00 $359.00 $2,456 —
771 771 14 320.00–326.00 $323.86 $2,497 —
877 877 11 312.50 $312.50 $2,741 —
905 905 5 306.00 $306.00 $2,769 —
955 955 63 309.25 $309.25 $2,953 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1011 1011 7 299.50 $299.50 $3,028 —

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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.