Sale reports / South Dakota / Herreid Livestock Market / 2019-05-31

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, May 31
● Final29 lots reportedUSDA AMS · slug 2024
Receipts
4,835 head
1,058 vs last sale 5,893 4,835 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to the birthday sale two weeks ago: steers 600 to 650 lbs 4.00 to 6.00 lower, 800 to 850 lbs mostly steady, 851 to 1000 lbs 10.00 to 12.00 lower. Best test on heifers 800 to 850 lbs mostly steady, 851 to 900 lbs 2.00 to 3.00 lower. Today's offering included feeder cattle, as well as weigh ups, bred cattle and some pairs, with roughly 3800 of the receipts being feeders. Moderate demand for today's feeder cattle offering of several strings, loads, and many packages with best demand seen for strings, especially for multiple loads of the same weight cattle. Flesh varied, but mostly moderate to moderate plus. Similar to the sale two weeks ago, quality on strings and loads more attractive than packages. A moderate market with good attendance of both order buyers and producers today, as many producers were interested in pairs and bred cattle. Another dismal day of losses on both live and feeder cattle futures put some pressure on the market today. Field work is going strong as farmers try to get as much as possible planted battling wet conditions and the lateness of the season. Next feeder cattle sale is next Friday, June 7.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $136.10/cwt on 2,063 head.
Average price
$136.10
2,063 head · 833 lb average
Value per head Derived
$1,134
Price × average weight ÷ 100
Grade differential Derived
−$75
per head · Medium and Large 1 over Large 1
$24.17/cwt at this weight
vs the market
+4.15
vs SD average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1815138.171,1261,868
Medium and Large 1-2603135.2981521
Large 11,054114.001,201174
One grade step is worth $24.17/cwt here — about −$75 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 sale2,063 hd
136.10
SD average5 barns · 5,904 hd
131.95
+4.15
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot, as filed

29 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1434140.92/cwt140.00–142.5061211
HeifersMedium and Large 1375156.00/cwt156.00–156.0058517
HeifersMedium and Large 1717126.24/cwt120.00–127.7590531
HeifersMedium and Large 1555140.46/cwt132.00–142.0078033
HeifersMedium and Large 1927116.32/cwt115.50–116.501,07839
HeifersMedium and Large 1657128.48/cwt121.00–129.7584441
HeifersMedium and Large 1474147.75/cwt141.50–150.5070056
HeifersMedium and Large 1519143.79/cwt140.00–146.0074661
HeifersMedium and Large 1624142.44/cwt131.50–146.0088962
HeifersMedium and Large 1867119.46/cwt112.00–121.001,036136
HeifersMedium and Large 1803129.48/cwt119.00–130.001,040147
HeifersMedium and Large 1795127.07/cwt120.50–130.001,010209
SteersLarge 11,024116.50/cwt116.50–116.501,19354
SteersLarge 11,067112.87/cwt112.75–113.001,204120
SteersMedium and Large 1Fleshy636136.00/cwt136.00–136.0086511
SteersMedium and Large 1Fleshy847129.50/cwt129.50–129.501,09740
SteersMedium and Large 1503169.00/cwt169.00–169.0085032
SteersMedium and Large 1432179.56/cwt178.00–180.0077650
SteersMedium and Large 1794144.61/cwt144.50–145.501,14880
SteersMedium and Large 1698151.75/cwt151.75–151.751,05982
SteersMedium and Large 1711148.95/cwt145.25–151.751,05985
SteersMedium and Large 1560163.35/cwt154.00–167.2591594
SteersMedium and Large 1809141.07/cwt137.50–144.501,141191
SteersMedium and Large 1619158.71/cwt148.00–162.50982227
SteersMedium and Large 1892129.36/cwt120.00–130.251,154233
SteersMedium and Large 1917129.73/cwt127.50–130.251,190320
SteersMedium and Large 1979119.12/cwt115.25–123.851,166423
SteersMedium and Large 1-2682137.00/cwt137.00–137.009349
SteersMedium and Large 1-2543134.00/cwt134.00–134.0072812

How this sale compares

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.