Cattle Market Pulse

Herreid Livestock Market Report

Herreid, South Dakota · USDA-reported Auction Livestock

Sale of Friday, October 2, 2026

2,338 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $334.04/cwt +8.82 vs last sale · ≈ $3,254/hd at 974 lb · 488 head
light 9-weight M&L 1 steers $346.45/cwt +8.09 vs last sale · ≈ $3,160/hd at 912 lb · 306 head
light 9-weight M&L 1 heifers $318.05/cwt +22.53 vs last sale · ≈ $2,885/hd at 907 lb · 292 head
HeadThis saleLast saleLast year
Total receipts 2,338 2,781 2,845
Feeder cattle 2,338 2,781 2,845

Compared to last week: best test on steers 900 to 1049 lbs steady to 3.00 lower. Heifers not well compared. A nice offering of yearlings today with the majority coming off grass. Good demand for loads and strings of yearlings. Flesh condition varied, from light to moderate plus. A large portion of the heifers offered were spayed. An active market with many opportunities to buy several loads of cattle to fill pens but buyers were most likely to take a few loads of a cut, not all. The futures complex has continued to be volatile creating much uncertainty in the market. Sunny and dry conditions expected for the next week and bean harvest has begun. Next feeder cattle sale is Friday, October 9.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
718 718 21 339.75 $339.75 $2,439 -10.25
802–820 818 79 348.00–361.00 $349.45 $2,859 +14.60
894–895 895 116 349.00 $349.00 $3,124 +0.55
901–926 912 306 344.75–348.00 $346.45 $3,160 +8.09
951–999 974 488 327.00–340.75 $334.04 $3,254 +4.79
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1006–1044 1025 316 316.75–321.00 $319.70 $3,277 -3.85
1061–1091 1078 108 308.50–315.00 $311.34 $3,356 -6.66

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
714 714 65 361.50 $361.50 $2,581 +15.59
811–819 816 221 332.00–340.50 $339.23 $2,768 +16.48
893 893 57 325.50 $325.50 $2,907 +19.50
898 898 60 311.00 $311.00 $2,793 +5.00
900–907 903 140 325.50 $325.50 $2,939 +29.98
900–921 911 152 301.00–317.00 $311.18 $2,835 +15.66
962–988 982 83 296.00–304.00 $302.72 $2,973 +4.34
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1000 1000 18 287.00 $287.00 $2,870 —
1084 1084 13 283.00 $283.00 $3,068 —

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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.