Sale reports / South Dakota / Herreid Livestock Market / 2023-06-09

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, Jun 9
● Final16 lots reportedUSDA AMS · slug 2024
Receipts
3,984 head
▼ 2,390 vs last sale 6,374▲ 871 vs year ago 3,113 · +28.0%
View

Reporter comment USDA

As filed

First reported feeder cattle sale in several weeks so an accurate price trend can not be established. Very good demand for this large offering of yearlings selling predominantly in loads and strings. Many attractive cattle to choose from in varied flesh condition, mostly light to moderate plus. An active market with buyers determined to own cattle and many times taking all the loads of the same sort to fill pens. Optimism remains high for fall marketing and guys are determined to have cattle on hand to send to market. Temps have remained above normal for this time of year and some areas are becoming quite dry, some saw rain last night which was very welcome. Watch local listings for the next 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 $229.33/cwt on 2,927 head.
Average price
$229.33
2,927 head · 923 lb average
Value per head Derived
$2,117
Price × average weight ÷ 100
Grade differential Derived
−$198
per head · Medium and Large 1 over Large 1
$23.98/cwt at this weight
vs the market
+3.25
vs SD average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1876235.122,0612,220
Large 11,070211.142,259707
One grade step is worth $23.98/cwt here — about −$198 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 sale2,927 hd
229.33
—
SD average5 barns · 12,918 hd
226.08
+3.25
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

16 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 · Steers9 lots · lightest first
Steers—Medium and Large 1605264.00/cwt264.00–264.001,59718
Steers—Medium and Large 1Natural715265.00/cwt264.50–265.501,895120
Steers—Medium and Large 1771249.00/cwt244.50–256.001,920390
Steers—Medium and Large 1826238.95/cwt228.00–247.001,974335
Steers—Medium and Large 1868233.25/cwt233.25–233.252,025118
Steers—Medium and Large 1927228.08/cwt219.75–233.502,114745
Steers—Medium and Large 1969224.34/cwt222.75–227.502,174494
Steers—Large 11,017218.14/cwt212.50–222.752,218357
Steers—Large 11,124204.00/cwt204.00–204.002,293350
Feeder Cattle · Heifers7 lots · lightest first
Heifers—Medium and Large 1626241.12/cwt240.50–242.001,50937
Heifers—Medium and Large 1677233.45/cwt220.50–237.001,580100
Heifers—Medium and Large 1704229.18/cwt221.00–230.251,61380
Heifers—Medium and Large 1Replacement768233.00/cwt233.00–233.001,78971
Heifers—Medium and Large 1780221.19/cwt219.00–225.501,725190
Heifers—Medium and Large 1816217.61/cwt216.00–218.501,77636
Heifers—Medium and Large 1978195.25/cwt195.25–195.251,910129

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.