Sale reports / South Dakota / Herreid Livestock Market / 2022-08-26

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, Aug 26
● Final15 lots reportedUSDA AMS · slug 2024
Receipts
2,644 head
▲ 186 vs last sale 2,458▲ 865 vs year ago 1,779 · +48.6%
View

Reporter comment USDA

As filed

Compared to a last week: best test on steers 850 to 950 lbs mostly steady, other weight classes of steers and heifers not well compared. Good to very good demand for yearlings again this week. Lots of loads and strings again this week but also more packages, including tested open heifers. A few more home raised cattle this week than have been seeing recently. Flesh varied more than last week as there were a few yard cattle, from light to some heavy flesh. Quality mostly average to attractive. An active but more cautious market this week as many are watching grain markets, especially corn. No sale next week due to Labor Day holiday, next feeder cattle sale is September 9.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $190.00/cwt on 1,551 head.
Average price
$190.00
1,551 head · 877 lb average
Value per head Derived
$1,667
Price × average weight ÷ 100
Grade differential Derived
−$196
per head · Medium and Large 1 over Large 1
$7.14/cwt at this weight
vs the market
+11.56
vs SD average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1867190.521,6521,438
Large 11,008183.381,848113
One grade step is worth $7.14/cwt here — about −$196 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 sale1,551 hd
190.00
—
SD average7 barns · 7,729 hd
178.44
+11.56
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

15 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—978167.17/cwt165.50–168.001,63512
HeifersMedium and Large 1—766184.72/cwt183.00–186.251,41541
HeifersMedium and Large 1—733187.53/cwt185.50–189.251,37560
HeifersMedium and Large 1—933173.92/cwt173.75–174.001,623193
HeifersMedium and Large 1—871177.57/cwt169.75–179.251,547405
HeifersMedium and Large 1-2—536181.50/cwt181.50–181.5097310
SteersMedium and Large 1Fleshy—950174.00/cwt174.00–174.001,65365
SteersMedium and Large 1Fleshy—738193.00/cwt193.00–193.001,42419
SteersLarge 1—1,008183.38/cwt183.25–183.501,848113
SteersMedium and Large 1—701215.00/cwt215.00–215.001,50720
SteersMedium and Large 1—669212.64/cwt211.50–213.001,42354
SteersMedium and Large 1—834189.44/cwt187.00–195.751,58086
SteersMedium and Large 1—779198.11/cwt197.25–199.001,543152
SteersMedium and Large 1—932187.22/cwt183.00–189.001,745414
SteersMedium and Large 1—868189.95/cwt187.00–191.001,649628

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.