Sale reports / South Dakota / Herreid Livestock Market / 2024-03-15

Herreid Livestock Market

Name: Herreid Livestock Market livestock auction prices — 2024-03-15
Creator: RaisedBeef
Published: 2024-03-15

Feeder Cattle · Herreid, South Dakota · Fri, Mar 15

● Final28 lots reportedUSDA AMS · slug 2024

← Mar 8Mar 15Mar 22 →

Receipts

2,379 head

▲ 373 vs last sale 2,006▼ 1,631 vs year ago 4,010 · −40.7%

View

Reporter comment USDA

As filed

Compared to last week: best test on steers 600 to 649 lbs 2.00 higher, 750 to 799 lbs and 850 to 899 lbs 5.00 to 7.00 higher with instances up to 10.00 higher on 750 to 799 lbs. Heifers not well compared today. Good to very good demand for all classes of cattle today. Aside from a string of backgrounded steers, the majority of the offering was home raised. Quality and flesh were very attractive and cattle were clean hided and open haired. Quite a few guys still trying to fill their grass orders, a task that gets tougher every week as supplies dwindle and has also gotten quite a bit more expensive. Market was active to very active. Buyers are determined to own cattle for the fall marketing season. The futures ended the day on a positive note. The weather is expected to cool off over the weekend and next week with a chance of snow. Next feeder cattle sale is Friday, March 22.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $334.08/cwt on 117 head. That ranks 1 of 11 comparable sales and sits −160.04 against this barn's trailing median of $494.12.

Average price

$334.08

117 head · 544 lb average

Value per head Derived

$1,818

Price × average weight ÷ 100

Grade differential Derived

$210

per head · Medium and Large 1 over Medium and Large 1-2

$52.69/cwt at this weight

vs the market

−1.63

vs SD average

+18.01 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	542	337.69	1,831	109
Medium and Large 1-2	569	285.00	1,622	8thin

One grade step is worth $52.69/cwt here — about $210 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only

This sale117 hd

334.08

—

SD average5 barns · 1,225 hd

335.71

−1.63

National average167 barns · 13,796 hd

316.07

+18.01

This barn, trailing median11 sales

494.12

−160.04

A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

11 sales

Steers 500–600 lb: high $519.08, low $443.74, median $494.12 across 11 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

28 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers16 lots · lightest first
Steers	350–400	Medium and Large 1	362	411.00/cwt	411.00–411.00	1,488	14
Steers	400–450	Medium and Large 1	424	398.00/cwt	398.00–398.00	1,688	26
Steers	450–500	Medium and Large 1-2	467	335.10/cwt	332.50–337.50	1,565	16
Steers	450–500	Medium and Large 1	488	364.00/cwt	364.00–364.00	1,776	14
Steers	500–550	Medium and Large 1	521	345.77/cwt	322.50–350.00	1,801	66
Steers	550–600	Medium and Large 1-2	569	285.00/cwt	285.00–285.00	1,622	8
Steers	550–600	Medium and Large 1	575	325.28/cwt	318.00–335.00	1,870	43
Steers	600–650	Medium and Large 1	619	317.24/cwt	299.00–324.00	1,964	204
Steers	650–700	Medium and Large 1	656	301.81/cwt	299.00–304.50	1,980	33
Steers	700–750	Medium and Large 1Fancy	725	296.50/cwt	296.50–296.50	2,150	57
Steers	700–750	Medium and Large 1	737	279.50/cwt	274.00–289.00	2,060	163
Steers	750–800	Medium and Large 1	783	272.59/cwt	265.00–277.50	2,134	331
Steers	800–850	Medium and Large 1	813	267.09/cwt	259.00–268.50	2,171	77
Steers	850–900	Medium and Large 1	878	254.54/cwt	250.00–259.00	2,235	259
Steers	900–950	Medium and Large 1	909	251.50/cwt	251.50–251.50	2,286	63
Steers	950–1000	Medium and Large 1	980	240.25/cwt	240.25–240.25	2,354	64
Feeder Cattle · Heifers12 lots · lightest first
Heifers	400–450	Medium and Large 1-2	418	312.50/cwt	312.50–312.50	1,306	9
Heifers	400–450	Medium and Large 1	431	346.00/cwt	346.00–346.00	1,491	45
Heifers	450–500	Medium and Large 1	485	315.57/cwt	310.00–320.00	1,531	29
Heifers	500–550	Medium and Large 1	522	309.08/cwt	301.00–319.00	1,613	78
Heifers	500–550	Medium and Large 1-2	543	280.00/cwt	280.00–280.00	1,520	7
Heifers	550–600	Medium and Large 1	571	291.51/cwt	284.00–304.00	1,665	67
Heifers	600–650	Medium and Large 1	639	280.74/cwt	275.00–291.00	1,794	153
Heifers	650–700	Medium and Large 1	675	269.13/cwt	263.50–276.50	1,817	149
Heifers	700–750	Medium and Large 1	714	243.43/cwt	243.00–244.00	1,738	14
Heifers	700–750	Medium and Large 1Replacement	746	263.34/cwt	263.00–267.00	1,965	79
Heifers	750–800	Medium and Large 1	764	238.99/cwt	230.00–241.50	1,826	55
Heifers	800–850	Medium and Large 1	825	241.75/cwt	234.50–246.00	1,994	66

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.

South Dakota feeder prices, every weight →Every state and region →

Herreid Livestock Market - Herreid, SD

Fri Mar 15, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Sioux Falls, SD (LS-SF)

Receipts 2,379Last week 2,006Year ago 4,010

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
57	700–750	725	296.50	296.50

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
14	350–400	362	411.00	411.00
26	400–450	424	398.00	398.00
14	450–500	488	364.00	364.00
66	500–550	521	322.50–350.00	345.77
43	550–600	575	318.00–335.00	325.28
204	600–650	619	299.00–324.00	317.24
33	650–700	656	299.00–304.50	301.81
163	700–750	737	274.00–289.00	279.50
331	750–800	783	265.00–277.50	272.59
77	800–850	813	259.00–268.50	267.09
259	850–900	878	250.00–259.00	254.54
63	900–950	909	251.50	251.50
64	950–1000	980	240.25	240.25

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
16	450–500	467	332.50–337.50	335.10
8	550–600	569	285.00	285.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
45	400–450	431	346.00	346.00
29	450–500	485	310.00–320.00	315.57
78	500–550	522	301.00–319.00	309.08
67	550–600	571	284.00–304.00	291.51
153	600–650	639	275.00–291.00	280.74
149	650–700	675	263.50–276.50	269.13
14	700–750	714	243.00–244.00	243.43
55	750–800	764	230.00–241.50	238.99
66	800–850	825	234.50–246.00	241.75

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
9	400–450	418	312.50	312.50
7	500–550	543	280.00	280.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
79	700–750	746	263.00–267.00	263.34

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.