Name: Herreid Livestock Market livestock auction prices — 2022-10-14
Creator: RaisedBeef
Published: 2022-10-14

Reporter comment USDA

As filed

Sale not reported last week due to light feeder cattle receipts. Compared to two weeks ago: best test on steers 850 to 950 lbs and 1000 to 1050 lbs 2.00 to 3.00 lower with an instance 5.00 lower on 850 to 900 lbs. Heifers not well compared. Good demand for a large offering of yearlings today. Similar to the last sale most cattle sold in loads and strings and came off grass. Slightly more flesh overall than two weeks ago, most cattle in light to moderate plus. Quality varied today, from plain to attractive. An active market with the usual crowd of order buyers attending the sale. Windy conditions again today for the third day in a row. Harvest is still going strong in this area with most of the beans off and corn well started. Nest feeder cattle sale is a Special Anniversary sale Friday, October 21.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $178.68/cwt on 2,023 head.

Average price

$178.68

2,023 head · 924 lb average

Value per head Derived

$1,650

Price × average weight ÷ 100

Grade differential Derived

−$141

per head · Medium and Large 1 over Large 1

$8.13/cwt at this weight

vs the market

−24.77

vs SD average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	904	180.29	1,629	1,589
Medium and Large 1-2	753	177.81	1,338	49
Large 1	1,028	172.16	1,770	385

One grade step is worth $8.13/cwt here — about −$141 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 sale2,023 hd

178.68

—

SD average9 barns · 17,741 hd

203.45

−24.77

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

20 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	Large 1	—	1,020	160.50/cwt	160.50–160.50	1,637	10
Heifers	Medium and Large 1	—	994	160.00/cwt	160.00–160.00	1,590	7
Heifers	Medium and Large 1	—	919	171.50/cwt	171.50–171.50	1,576	9
Heifers	Medium and Large 1	—	823	173.50/cwt	173.50–173.50	1,428	16
Heifers	Medium and Large 1	—	690	183.25/cwt	183.25–183.25	1,264	40
Heifers	Medium and Large 1	—	712	184.25/cwt	184.25–184.25	1,312	81
Steers	Medium and Large 1-2	—	664	189.50/cwt	189.50–189.50	1,258	12
Steers	Medium and Large 1-2	—	797	171.00/cwt	171.00–171.00	1,363	9
Heifers	Medium and Large 1Spayed	—	869	180.25/cwt	180.25–180.25	1,566	128
Heifers	Medium and Large 1Spayed	—	824	182.29/cwt	180.25–183.00	1,502	537
Steers	Medium and Large 1	—	785	186.93/cwt	179.00–188.25	1,467	84
Steers	Medium and Large 1	—	884	181.61/cwt	180.25–183.25	1,605	395
Steers	Medium and Large 1-2	—	727	176.50/cwt	176.50–176.50	1,283	11
Steers	Medium and Large 1	—	807	186.70/cwt	184.50–187.75	1,507	113
Steers	Large 1	—	1,028	172.16/cwt	171.00–173.25	1,770	385
Steers	Medium and Large 1-2	—	808	174.00/cwt	174.00–174.00	1,406	17
Steers	Medium and Large 1	—	929	178.82/cwt	177.00–180.50	1,661	933
Steers	Medium and Large 1	—	983	173.50/cwt	173.50–173.50	1,706	64
Heifers	Medium and Large 1-2	—	775	169.00/cwt	169.00–169.00	1,310	18
Heifers	Medium and Large 1-2	—	628	164.00/cwt	164.00–164.00	1,030	19

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 →