Sale reports / South Dakota / Herreid Livestock Market / 2023-08-25

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, Aug 25
● Final12 lots reportedUSDA AMS · slug 2024
Receipts
3,481 head
▲ 470 vs last sale 3,011▲ 837 vs year ago 2,644 · +31.7%
View

Reporter comment USDA

As filed

Compared to last week: best test on steers 850 to 999 lbs steady. Heifers not well tested this week. Good to very good demand for this large yearling offering. The feature consignment was 2200 head of black hided steers off grass from one family operation. A handful of loads and a few packages, mostly steers and coming off grass, rounded out the offering. Flesh varied a bit, but mostly light to moderate. Lots of attractive quality cattle to choose from today. An active market, however, buyers are choosing less loads at a time out of strings than they would have a few weeks ago. This week was hot and very humid making haying and harvesting conditions almost impossible. Better weather forecasted for the weekend and next week. No sale next week due to Labor Day holiday, next feeder cattle sale is Friday, September 8.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $248.17/cwt on 3,111 head.
Average price
$248.17
3,111 head · 901 lb average
Value per head Derived
$2,236
Price × average weight ÷ 100
Grade differential Derived
$123
per head · Medium and Large 1 over Medium and Large 1-2
$10.24/cwt at this weight
vs the market
−2.93
vs SD average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1901248.242,2373,092
Medium and Large 1-2888238.002,11319thin
One grade step is worth $10.24/cwt here — about $123 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 sale3,111 hd
248.17
—
SD average5 barns · 5,784 hd
251.11
−2.93
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

12 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 · Steers6 lots · lightest first
Steers—Medium and Large 1732273.00/cwt273.00–273.001,9986
Steers—Medium and Large 1841255.18/cwt253.75–257.502,146401
Steers—Medium and Large 1876250.00/cwt247.25–253.002,1901,375
Steers—Medium and Large 1-2888238.00/cwt238.00–238.002,11319
Steers—Medium and Large 1927245.84/cwt241.00–250.002,279606
Steers—Medium and Large 1963242.69/cwt239.75–246.252,337704
Feeder Cattle · Heifers6 lots · lightest first
Heifers—Medium and Large 1-2781235.50/cwt235.50–235.501,83920
Heifers—Medium and Large 1792250.00/cwt250.00–250.001,98060
Heifers—Medium and Large 1-2905212.00/cwt212.00–212.001,9197
Heifers—Medium and Large 1922224.75/cwt221.25–231.002,072120
Heifers—Medium and Large 1991213.00/cwt213.00–213.002,1119
Heifers—Large 11,036209.75/cwt209.75–209.752,17362

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.