Sale reports / South Dakota / Herreid Livestock Market / 2024-11-08

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, Nov 8
● Final43 lots reportedUSDA AMS · slug 2024
Receipts
3,272 head
▼ 2,450 vs last sale 5,722▼ 4,215 vs year ago 7,487 · −56.3%
View

Reporter comment USDA

As filed

Compared to last week: Steer calves under 500 lbs sold with a lower undertone in a limited test, 500-600 lbs steady to 5.00 higher, steer calves over 600 lbs not well compared. Heifer calves under 450 lbs sold with lower undertones in a limited test, over 450 lbs 4.00 to 8.00 higher. Yearling feeder steers were uneven, 900-950 lbs 3.00 to 7.00 lower, 950-1000 lbs mostly steady, 1000-1050 lbs 5.00 lower, instances to 10.00 lower, 1100-1150 lbs steady to 5.00 higher. Yearling feeder heifers sold with a lower undertone in a limited test. Good demand for this large offering of yearling steers and heifers, some off grass, but most were coming out of a yard but flesh condition wasn't too heavy. The market was active on the yearlings but the winter months of the CME Live Cattle futures contracts being so much lower than the current market put some pressure on the feeder cattle market. A more limited calf offering than last week, it was difficult for buyers to make full loads of calves but the market was still active. Local cow/calf producers haven't felt a big push to sell calves yet as the weather has been so mild, allowing them time to get harvest complete and some field work done before really needing to sell calves. Next week, expecting 1,000 yearlings and 3,500 calves.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $307.14/cwt on 211 head. That ranks 1 of 10 comparable sales and sits −179.52 against this barn's trailing median of $486.66.
Average price
$307.14
211 head · 542 lb average
Value per head Derived
$1,665
Price × average weight ÷ 100
Grade differential Derived
$157
per head · Medium and Large 1 over Medium and Large 1-2
$43.06/cwt at this weight
vs the market
−14.90
vs SD average
+5.29 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1538313.061,685182
Medium and Large 1-2566270.001,52829
One grade step is worth $43.06/cwt here — about $157 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 sale211 hd
307.14
—
SD average9 barns · 6,740 hd
322.04
−14.90
National average187 barns · 26,509 hd
301.85
+5.29
This barn, trailing median10 sales
486.66
−179.52
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

43 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 · Steers22 lots · lightest first
Steers300–350Medium and Large 1325385.00/cwt385.00–385.001,2516
Steers300–350Medium and Large 1-2331360.00/cwt360.00–360.001,1924
Steers350–400Medium and Large 1374409.00/cwt409.00–409.001,53010
Steers400–450Medium and Large 1427364.83/cwt350.00–382.501,55826
Steers400–450Medium and Large 1-2431317.50/cwt317.50–317.501,3685
Steers450–500Medium and Large 1464324.94/cwt302.50–330.001,50857
Steers450–500Medium 1-2475267.50/cwt267.50–267.501,27110
Steers500–550Medium and Large 1528314.13/cwt290.00–331.001,659118
Steers550–600Medium and Large 1557311.08/cwt296.00–320.001,73364
Steers550–600Medium and Large 1-2566270.00/cwt270.00–270.001,52829
Steers600–650Medium and Large 1645276.91/cwt274.50–279.501,78633
Steers650–700Medium and Large 1650278.50/cwt278.50–278.501,81014
Steers800–850Medium and Large 2801218.00/cwt218.00–218.001,7465
Steers800–850Medium 1814229.00/cwt229.00–229.001,8647
Steers800–850Medium and Large 1829257.75/cwt257.75–257.752,13762
Steers900–950Medium and Large 1923254.88/cwt250.75–259.252,353468
Steers950–1000Medium and Large 1966252.02/cwt247.50–254.002,435188
Steers1000–1050Large 11,034238.21/cwt222.50–244.252,463340
Steers1000–1050Large 1-21,039219.01/cwt217.50–222.002,27627
Steers1050–1100Large 11,058231.63/cwt221.75–237.002,451340
Steers1100–1150Large 1-21,116217.50/cwt217.50–217.502,42715
Steers1100–1150Large 11,133229.12/cwt225.75–230.002,596270
Feeder Cattle · Heifers21 lots · lightest first
Heifers300–350Medium and Large 1318336.82/cwt330.00–340.001,07113
Heifers350–400Medium and Large 1392311.26/cwt300.00–322.501,22033
Heifers400–450Medium and Large 1Fancy409345.00/cwt345.00–345.001,4117
Heifers400–450Medium and Large 1426305.67/cwt292.00–325.001,30247
Heifers450–500Medium and Large 1481302.96/cwt287.00–317.001,457123
Heifers500–550Medium and Large 1522287.77/cwt283.00–292.501,50297
Heifers550–600Medium and Large 1-2578247.00/cwt247.00–247.001,4286
Heifers550–600Medium and Large 1584267.24/cwt267.00–268.001,56126
Heifers600–650Medium and Large 1632259.50/cwt259.50–259.501,64011
Heifers650–700Medium and Large 1Thin Fleshed668256.50/cwt256.50–256.501,71324
Heifers700–750Medium and Large 1-2702250.00/cwt250.00–250.001,75512
Heifers700–750Medium and Large 1721253.50/cwt253.50–253.501,82837
Heifers750–800Medium and Large 1-2779240.00/cwt240.00–240.001,87018
Heifers750–800Medium and Large 1789245.00/cwt245.00–245.001,9336
Heifers800–850Medium and Large 1819236.53/cwt235.00–240.001,93746
Heifers900–950Medium and Large 1908231.01/cwt229.00–233.002,09822
Heifers950–1000Medium and Large 1959226.41/cwt224.50–232.002,17135
Heifers1000–1050Large 11,044213.67/cwt212.25–221.752,231187
Heifers1050–1100Large 11,083207.00/cwt207.00–207.002,2428
Heifers1100–1150Large 11,101202.50/cwt202.50–202.502,2305
Heifers1150–1200Large 11,165204.25/cwt204.25–204.252,38046

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.