Name: Herreid Livestock Market livestock auction prices — 2020-10-02
Creator: RaisedBeef
Published: 2020-10-02

Reporter comment USDA

As filed

Compared to last week: different weight classes and a larger offering than last week with steers not well compared and best test on heifers 900 to 950 lbs mostly steady. Good to very good demand for several strings and many loads and packages which made up today's yearling offering. Both grass and yard cattle in town today in varied flesh, from light to moderate plus with some heavy flesh at times. Quality slightly more attractive than last week, mostly average to attractive quality today. A moderate to active market seen for this offering with a few more order buyers attending the auction than last week. Next feeder cattle sale is Friday, October 9.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $142.56/cwt on 1,522 head.

Average price

$142.56

1,522 head · 934 lb average

Value per head Derived

$1,332

Price × average weight ÷ 100

Grade differential Derived

−$79

per head · Medium and Large 1 over Large 1

$9.14/cwt at this weight

vs the market

+2.29

vs SD average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	901	145.11	1,308	1,097
Large 1	1,020	135.97	1,387	425

One grade step is worth $9.14/cwt here — about −$79 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 sale1,522 hd

142.56

—

SD average9 barns · 10,081 hd

140.27

+2.29

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

22 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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Heifers	Medium and Large 1Fleshy	—	874	117.00/cwt	117.00–117.00	1,023	18
Steers	Medium and Large 1	—	977	138.00/cwt	138.00–138.00	1,348	60
Heifers	Medium and Large 1	—	787	135.75/cwt	135.75–135.75	1,068	35
Heifers	Medium and Large 1	—	732	139.00/cwt	139.00–139.00	1,017	8
Heifers	Medium and Large 1	—	825	132.00/cwt	132.00–132.00	1,089	15
Heifers	Large 1	—	1,068	124.00/cwt	124.00–124.00	1,324	54
Steers	Large 1Fleshy	—	1,012	127.75/cwt	127.75–127.75	1,293	45
Steers	Large 1	—	1,050	128.00/cwt	128.00–128.00	1,344	11
Steers	Large 1	—	1,020	137.21/cwt	131.50–138.00	1,400	369
Heifers	Large 1	—	1,120	109.86/cwt	109.00–110.50	1,230	24
Heifers	Medium and Large 1Fleshy	—	907	126.25/cwt	126.25–126.25	1,145	58
Steers	Medium and Large 1Fleshy	—	841	130.50/cwt	130.50–130.50	1,098	7
Steers	Medium and Large 1	—	819	148.25/cwt	147.50–148.50	1,214	32
Steers	Medium and Large 1	—	782	148.31/cwt	144.00–152.25	1,160	126
Steers	Medium and Large 1Fleshy	—	965	120.50/cwt	120.50–120.50	1,163	11
Steers	Medium and Large 1Fleshy	—	931	135.61/cwt	134.00–136.50	1,263	46
Steers	Medium and Large 1	—	924	145.71/cwt	143.00–146.75	1,346	709
Heifers	Medium and Large 1	—	674	136.96/cwt	134.50–139.00	923	25
Heifers	Medium and Large 1	—	986	130.15/cwt	126.50–131.25	1,283	85
Heifers	Medium and Large 1	—	921	131.97/cwt	130.25–135.00	1,215	217
Steers	Medium and Large 1	—	869	147.75/cwt	147.75–147.75	1,284	99
Steers	Medium and Large 1	—	659	152.00/cwt	152.00–152.00	1,002	7

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.

South Dakota feeder prices, every weight →Every state and region →