Sale reports / South Dakota / Herreid Livestock Market / 2024-05-17

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, May 17
● Final45 lots reportedUSDA AMS · slug 2024
Receipts
7,606 head
▲ 4,569 vs last sale 3,037▲ 1,232 vs year ago 6,374 · +19.3%
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Reporter comment USDA

As filed

First reported sale in three weeks so an accurate price trend can not be established. A special BBQ sale today, formerly known as the Birthday Sale, featuring a large offering of many strings, loads, and packages of both home raised and backgrounded cattle including quite a few fall born calves. Very good demand for all classes of cattle today. Grass turnout is upon us and cattle which could fill empty pastures were very sought after. Varied flesh condition today, from moderate to some heavy flesh, buyers showed less discrimination toward flesh condition and more interest in getting cattle bought. An active market which just got stronger throughout the day. Many opportunities to buy multi[le loads to fill pens which buyers took advantage of. No sale next week due to Memorial Day weekend, watch local listings for the next feeder cattle sale.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $342.18/cwt on 157 head. That ranks 1 of 10 comparable sales and sits −144.48 against this barn's trailing median of $486.66.
Average price
$342.18
157 head · 555 lb average
Value per head Derived
$1,901
Price × average weight ÷ 100
Grade differential Derived
$235
per head · Medium and Large 1 over Medium and Large 1-2
$20.57/cwt at this weight
vs the market
+12.76
vs SD average
+31.41 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1558343.621,918146
Medium and Large 1-2521323.051,68311thin
One grade step is worth $20.57/cwt here — about $235 a head. Across this sale the premium is widest at 400–500 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 sale157 hd
342.18
—
SD average3 barns · 407 hd
329.42
+12.76
National average163 barns · 10,302 hd
310.77
+31.41
This barn, trailing median10 sales
486.66
−144.48
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

10 sales
533499464430median 486.6603/0603/2005/0106/1210/30
Steers 500–600 lb: high $519.08, low $443.74, median $486.66 across 10 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

45 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 · Steers27 lots · lightest first
Steers350–400Medium and Large 1352392.07/cwt385.00–395.001,38017
Steers350–400Medium and Large 1-2383360.00/cwt360.00–360.001,3799
Steers400–450Medium and Large 1426405.00/cwt405.00–405.001,72559
Steers400–450Medium and Large 1-2446346.00/cwt346.00–346.001,54323
Steers450–500Medium and Large 1467385.31/cwt382.50–386.001,79931
Steers450–500Medium and Large 1-2489347.00/cwt347.00–347.001,69710
Steers500–550Medium and Large 1514372.49/cwt350.00–376.001,91529
Steers500–550Medium and Large 1-2521323.05/cwt310.00–334.001,68311
Steers550–600Medium and Large 1569336.46/cwt328.00–337.501,914117
Steers600–650Medium and Large 1-2626294.00/cwt294.00–294.001,8407
Steers600–650Medium and Large 1632306.01/cwt305.00–311.001,934175
Steers650–700Medium and Large 1676306.22/cwt302.00–314.502,07069
Steers650–700Medium and Large 1-2690283.86/cwt276.00–291.501,95956
Steers700–750Medium and Large 1720293.01/cwt284.00–299.002,110230
Steers700–750Medium and Large 1Fleshy727271.24/cwt267.00–276.001,97267
Steers750–800Medium and Large 1777276.38/cwt261.50–285.752,147457
Steers800–850Medium and Large 1Fancy809284.00/cwt284.00–284.002,29863
Steers800–850Medium and Large 1-2828245.00/cwt245.00–245.002,02970
Steers800–850Medium and Large 1838261.96/cwt253.00–264.252,195132
Steers850–900Medium and Large 1871255.19/cwt245.50–266.002,2231,024
Steers850–900Medium and Large 1Full891241.50/cwt241.50–241.502,15245
Steers900–950Medium and Large 1918243.67/cwt240.00–248.002,237588
Steers900–950Medium and Large 1Fleshy929234.00/cwt234.00–234.002,17464
Steers950–1000Medium and Large 1971240.67/cwt228.75–245.752,337811
Steers1000–1050Large 11,031234.63/cwt222.25–238.252,419196
Steers1000–1050Large 1-21,048212.25/cwt212.25–212.252,22450
Steers1050–1100Large 11,067227.18/cwt225.75–233.752,424479
Feeder Cattle · Heifers18 lots · lightest first
Heifers300–350Medium and Large 1321341.00/cwt341.00–341.001,0957
Heifers350–400Medium and Large 1391342.50/cwt342.50–342.501,3399
Heifers400–450Medium and Large 1400332.50/cwt332.50–332.501,3305
Heifers400–450Medium and Large 1Thin Fleshed401373.00/cwt373.00–373.001,49656
Heifers450–500Medium and Large 1474339.19/cwt330.00–355.001,60885
Heifers500–550Medium and Large 1Thin Fleshed512346.00/cwt346.00–346.001,77230
Heifers500–550Medium and Large 1538314.23/cwt312.00–315.001,69122
Heifers550–600Medium and Large 1585297.07/cwt294.00–298.001,73873
Heifers600–650Medium and Large 1621288.79/cwt276.00–294.001,793192
Heifers650–700Medium and Large 1683270.19/cwt260.50–283.001,845425
Heifers700–750Medium and Large 1748245.00/cwt245.00–245.001,83312
Heifers750–800Medium and Large 1776249.93/cwt239.50–256.501,939562
Heifers800–850Medium and Large 1821245.55/cwt236.50–248.752,016261
Heifers800–850Medium and Large 1Replacement841258.00/cwt258.00–258.002,17027
Heifers850–900Medium and Large 1862240.65/cwt239.00–243.002,07458
Heifers900–950Medium and Large 1913221.00/cwt221.00–221.002,01818
Heifers950–1000Medium and Large 1969222.28/cwt221.00–225.502,15491
Heifers950–1000Medium and Large 1Fleshy992211.00/cwt211.00–211.002,0936

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.