Sale reports / South Dakota / Herreid Livestock Market / 2023-05-12

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, May 12
● Final36 lots reportedUSDA AMS · slug 2024
Receipts
6,374 head
▲ 5,555 vs last sale 819▲ 548 vs year ago 5,826 · +9.4%
View

Reporter comment USDA

As filed

No recent price comparison available as it's been several weeks since the last sizable auction. Very good demand for this annual springtime BBQ sale that featured many long strings of high quality yearlings and fall born calves. The seats were full of buyers ready to bid. Many full loads of steers and heifers offered, with many offered in multiple load lots. The market was extremely active and demand was red hot. Hide color was not the determining factor that it has been in how high prices could reach as buyers were just as anxious to own the colored cattle as they were the straight blacks. The flesh varied, with many cattle that were light enough in weight and flesh that they could run on this summer's grass, while there was many more that were heavier weight that were bound for feedyards. The rains have come to the northern plains and the optimism is running high for a good grazing and haying season, and with the bullish outlook for feeder cattle yearling operators are willing to give a lot of money to make sure they have cattle to sell when the grazing season is over. This is the time of year where sale schedules become sporadic, and with the strength of the cash fed cattle market buyers were quick to strike to get their summer feeding cattle they need. Watch local listings for the next special feeder cattle sale.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $215.13/cwt on 4,491 head.
Average price
$215.13
4,491 head · 853 lb average
Value per head Derived
$1,835
Price × average weight ÷ 100
Grade differential Derived
−$474
per head · Medium and Large 1-2 over Large 1
$41.30/cwt at this weight
vs the market
+5.08
vs SD average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2631233.361,47331
Medium and Large 1842216.741,8264,146
Large 11,014192.061,947314
One grade step is worth $41.30/cwt here — about −$474 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 sale4,491 hd
215.13
—
SD average6 barns · 10,315 hd
210.05
+5.08
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

36 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 1-2344300.00/cwt300.00–300.001,0327
Steers—Medium and Large 1-2358270.00/cwt270.00–270.009673
Steers—Medium and Large 1433297.51/cwt297.00–300.001,28847
Steers—Medium and Large 1Thin Fleshed454287.85/cwt285.00–291.001,30719
Steers—Medium and Large 1494286.00/cwt286.00–286.001,41314
Steers—Medium and Large 1536282.15/cwt279.00–284.501,51265
Steers—Medium and Large 1579273.29/cwt270.00–275.251,58271
Steers—Medium and Large 1621261.66/cwt248.50–272.001,625139
Steers—Medium and Large 1680254.56/cwt249.00–263.501,731138
Steers—Medium and Large 1-2715225.50/cwt225.50–225.501,6125
Steers—Medium and Large 1743241.38/cwt224.00–243.001,793379
Steers—Medium and Large 1774226.81/cwt218.00–232.751,756377
Steers—Medium and Large 1-2782199.80/cwt186.00–210.001,56216
Steers—Medium and Large 1826218.29/cwt208.50–224.501,803642
Steers—Medium and Large 1871205.74/cwt199.00–216.501,792528
Steers—Medium and Large 1926199.05/cwt195.50–205.001,843866
Steers—Medium and Large 1970194.85/cwt180.75–196.501,890861
Steers—Large 11,014192.06/cwt182.00–193.751,947314
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 1-2388256.00/cwt256.00–256.009936
Heifers—Medium and Large 1426259.52/cwt254.00–261.001,10665
Heifers—Medium and Large 1-2431243.00/cwt243.00–243.001,0475
Heifers—Medium and Large 1-2471231.00/cwt231.00–231.001,0889
Heifers—Medium and Large 1479250.69/cwt249.00–252.001,20132
Heifers—Medium and Large 1520251.45/cwt243.00–258.501,308106
Heifers—Medium and Large 1576241.25/cwt228.50–247.001,390135
Heifers—Medium and Large 1624227.37/cwt220.00–239.001,41984
Heifers—Medium and Large 1-2643236.00/cwt236.00–236.001,5176
Heifers—Medium and Large 1665218.54/cwt210.00–220.501,453127
Heifers—Medium and Large 1Replacement724213.25/cwt213.25–213.251,54431
Heifers—Medium and Large 1736207.27/cwt200.00–209.751,526112
Heifers—Medium and Large 1763205.43/cwt203.25–210.001,567352
Heifers—Medium and Large 1Replacement784215.95/cwt209.00–217.001,69379
Heifers—Medium and Large 1830192.54/cwt191.75–195.001,598156
Heifers—Medium and Large 1Replacement874207.00/cwt207.00–207.001,80930
Heifers—Medium and Large 1895184.00/cwt184.00–184.001,64711
Heifers—Medium and Large 1918183.97/cwt183.00–185.001,689122

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.