Sale reports / South Dakota / Herreid Livestock Market / 2020-08-14

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, Aug 14
● Final14 lots reportedUSDA AMS · slug 2024
Receipts
4,182 head
▲ 2,823 vs last sale 1,359▲ 4,182 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: best test on steers 800 to 850 lbs 1.00 to 2.00 higher, 900 to 1000 lbs 8.00 to 10.00 higher, other weight classes of steers and heifers not well compared today. Good to very good demand for this large offering featuring mostly loads and strings of cattle off grass. Flesh was very attractive with most of the cattle in light to moderate flesh. Quality mostly average to attractive today. An active market with many buyers attending the auction and often times taking advantage of the many opportunities offered today to purchase multiple loads of the same man's cattle to fill pens. Next feeder cattle sale is Friday, August 21, including a special Holstein sale.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $142.29/cwt on 3,146 head.
Average price
$142.29
3,146 head · 925 lb average
Value per head Derived
$1,316
Price × average weight ÷ 100
Grade differential Derived
−$98
per head · Medium and Large 1 over Large 1
$2.38/cwt at this weight
vs the market
+1.34
vs SD average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1921142.381,3123,026
Large 11,007140.001,410120
One grade step is worth $2.38/cwt here — about −$98 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 sale3,146 hd
142.29
—
SD average6 barns · 6,590 hd
140.95
+1.34
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

14 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 1—814139.56/cwt133.50–143.001,136240
HeifersMedium and Large 1—799132.00/cwt132.00–132.001,05523
HeifersMedium and Large 1—726142.34/cwt141.00–143.001,03357
HeifersMedium and Large 1—968127.00/cwt127.00–127.001,22965
HeifersMedium and Large 1—697145.25/cwt145.25–145.251,012104
HeifersMedium and Large 1—921129.61/cwt129.25–130.001,194132
HeifersMedium and Large 1—882135.83/cwt127.50–137.501,198198
SteersMedium and Large 1—888144.66/cwt140.00–146.251,285996
SteersMedium and Large 1—979138.77/cwt132.00–140.751,3591,085
SteersLarge 1—1,007140.00/cwt140.00–140.001,410120
SteersMedium and Large 1—691157.00/cwt157.00–157.001,0855
SteersMedium and Large 1—785145.46/cwt144.50–146.501,14221
SteersMedium and Large 1—826146.45/cwt144.25–149.751,210207
SteersMedium and Large 1—914143.33/cwt137.75–144.251,310712

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.