Sale reports / South Dakota / Herreid Livestock Market / 2020-02-28

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, Feb 28
● Final25 lots reportedUSDA AMS · slug 2024
Receipts
1,792 head
2,677 vs last sale 4,469 1,792 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: best test on steers 600 to 650 lbs, 700 to 750 lbs, and 800 to 850 lbs 3.00 to 5.00 lower. Best test on heifers 550 to 600 lbs and 700 to 750 lbs 3.00 to 4.00 lower. Moderate to good demand for today's offering of mostly packages and a handful of loads. Flesh varied, from light to moderate plus, with slightly less flesh overall than last week. More plain to average and less attractive quality cattle on offer today. A much lighter offering than expected with many cancellations due to lower market conditions this week and losses all week on the live and feeder cattle futures. Producers are choosing to wait and hope conditions improve. A moderate to active market seen for today's offering. The next feeder cattle sale is Friday, March 6.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $145.40/cwt on 1,072 head.
Average price
$145.40
1,072 head · 716 lb average
Value per head Derived
$1,041
Price × average weight ÷ 100
Grade differential Derived
−$240
per head · Medium and Large 1-2 over Medium and Large 1
$3.11/cwt at this weight
vs the market
+0.96
vs SD average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2549148.3381562
Medium and Large 1726145.221,0551,010
One grade step is worth $3.11/cwt here — about −$240 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 sale1,072 hd
145.40
SD average8 barns · 13,408 hd
144.43
+0.96
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

25 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 1645135.25/cwt135.25–135.2587212
HeifersMedium and Large 1722129.15/cwt125.00–132.5093298
HeifersMedium and Large 1-2461122.50/cwt122.50–122.505658
HeifersMedium and Large 1-2Thin Fleshed478131.50/cwt131.50–131.5062927
HeifersMedium and Large 1472154.50/cwt154.50–154.5072910
HeifersMedium and Large 1792124.75/cwt122.50–125.0098850
HeifersMedium and Large 1690134.72/cwt127.50–139.00930164
HeifersMedium and Large 1-2652124.00/cwt124.00–124.0080828
SteersMedium and Large 1590165.72/cwt163.00–169.5097863
SteersMedium and Large 1612163.41/cwt156.00–166.501,00096
SteersMedium and Large 1714143.27/cwt135.00–146.001,023390
SteersMedium and Large 1-2493165.00/cwt165.00–165.008139
SteersMedium and Large 1944126.75/cwt126.75–126.751,19755
SteersMedium and Large 1759138.90/cwt134.50–139.751,05480
SteersMedium and Large 1821134.12/cwt129.25–137.251,101132
SteersMedium and Large 1-2526155.00/cwt155.00–155.008158
HeifersMedium and Large 1Full528145.00/cwt145.00–145.0076615
HeifersMedium and Large 1850122.50/cwt122.50–122.501,04125
HeifersMedium and Large 1581140.81/cwt135.00–146.25818107
HeifersMedium and Large 1-2568123.53/cwt120.50–129.0070228
SteersMedium and Large 1478177.50/cwt174.00–178.5084818
SteersMedium and Large 1532172.87/cwt167.50–180.0092068
SteersMedium and Large 1865128.96/cwt126.50–130.501,116108
SteersMedium and Large 1-2Full395162.50/cwt162.50–162.506425
SteersMedium and Large 1-2586141.47/cwt134.00–143.0082940

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.