Sale reports / South Dakota / Herreid Livestock Market / 2020-03-27

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, Mar 27
● Final32 lots reportedUSDA AMS · slug 2024
Receipts
4,788 head
▼ 405 vs last sale 5,193▲ 4,788 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Last reported sale three weeks ago so an accurate price trend can not be developed. Moderate to good demand for today's large offering of packages and loads of mostly homeraised cattle. Quality varied today but became very attractive as the sale progressed. Most cattle in moderate to moderate plus flesh with some heavy flesh at times. Some tag on the cattle as can be expected as the lots thaw. Moderate market activity at the start of the auction but becoming more active throughout the sale. Many buyers and some farmer feeders in the seats today. CME futures that started the week with such promise had triple digit losses today. Warm weather and below normal precipitation expected for the next week making for nice calving weather. Next feeder cattle sale is Friday, April 3.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $133.60/cwt on 2,814 head.
Average price
$133.60
2,814 head · 800 lb average
Value per head Derived
$1,069
Price × average weight ÷ 100
Grade differential Derived
−$406
per head · Medium and Large 1-2 over Medium and Large 1
$23.02/cwt at this weight
vs the market
−4.39
vs SD average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2425156.5066515thin
Medium and Large 1802133.481,0712,799
One grade step is worth $23.02/cwt here — about −$406 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale2,814 hd
133.60
—
SD average7 barns · 12,481 hd
137.99
−4.39
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

32 lots · USDA AMS · Herreid Livestock Market - Herreid, SD
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers18 lots · lightest first
Steers—Medium and Large 1-2425156.50/cwt156.50–156.5066515
Steers—Medium and Large 1431169.00/cwt169.00–169.007286
Steers—Medium and Large 1478169.32/cwt169.00–172.0080937
Steers—Medium and Large 1517165.51/cwt164.50–167.0085645
Steers—Medium and Large 1585152.43/cwt148.50–158.5089258
Steers—Medium and Large 1626157.18/cwt150.00–159.00984203
Steers—Medium and Large 1Fleshy646145.00/cwt145.00–145.0093711
Steers—Medium and Large 1Thin Fleshed665154.50/cwt154.50–154.501,02789
Steers—Medium and Large 1684139.82/cwt138.50–148.50956107
Steers—Medium and Large 1Fleshy696137.50/cwt137.50–137.5095722
Steers—Medium and Large 1Thin Fleshed701144.25/cwt144.25–144.251,01130
Steers—Medium and Large 1724137.08/cwt130.00–141.00992391
Steers—Medium and Large 1774133.54/cwt128.00–138.501,034250
Steers—Medium and Large 1823127.45/cwt122.00–133.501,049358
Steers—Medium and Large 1876125.46/cwt122.50–131.001,099584
Steers—Medium and Large 1Fleshy893119.00/cwt119.00–119.001,06311
Steers—Medium and Large 1939122.56/cwt120.75–123.501,151241
Steers—Medium and Large 1974122.89/cwt121.00–123.501,197356
Feeder Cattle · Heifers14 lots · lightest first
Heifers—Medium and Large 1468144.00/cwt144.00–144.006745
Heifers—Medium and Large 1-2533127.04/cwt125.00–128.0067715
Heifers—Medium and Large 1535142.39/cwt135.00–147.5076284
Heifers—Medium and Large 1-2557130.00/cwt130.00–130.007246
Heifers—Medium and Large 1578139.00/cwt139.00–139.0080317
Heifers—Medium and Large 1631136.75/cwt133.00–143.25863151
Heifers—Medium and Large 1682131.45/cwt128.00–135.50896218
Heifers—Medium and Large 1733127.00/cwt121.75–134.00931329
Heifers—Medium and Large 1775122.81/cwt116.00–127.00952277
Heifers—Medium and Large 1Replacement818126.00/cwt126.00–126.001,03133
Heifers—Medium and Large 1825119.66/cwt113.00–123.50987266
Heifers—Medium and Large 1883115.33/cwt113.00–116.751,018191
Heifers—Medium and Large 1935110.47/cwt110.00–111.501,03395
Heifers—Medium and Large 1963111.38/cwt110.00–112.001,07323

This sale against other markets

South Dakota weighted averages
One sale is one barn on one day. The state ladder is every South Dakota auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.