Sale reports / South Dakota / Herreid Livestock Market / 2023-07-14

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, Jul 14
● Final16 lots reportedUSDA AMS · slug 2024
Receipts
2,713 head
911 vs last sale 1,802 1,162 vs year ago 1,551 · +74.9%
View

Reporter comment USDA

As filed

Sale not reported in recent weeks so an accurate price trend can not be established. Predominately strings and loads of steers making up today's offering which was met with good to very good demand depending on flesh condition. Most of the cattle came out of yards, flesh varied form moderate to some heavy flesh. A couple loads off grass in light flesh. Quality mostly average to attractive today. An active market for the offering, lots of optimism in the market right now and buyers are determined to own cattle to market in what is shaping up to be a very high fall season. The area has seen some very timely rains and grass and crop conditions look very good. Watch local listings for the next feeder cattle sale.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $227.08/cwt on 2,408 head.
Average price
$227.08
2,408 head · 972 lb average
Value per head Derived
$2,207
Price × average weight ÷ 100
Grade differential Derived
−$1,002
per head · Medium and Large 1-2 over Large 1
$67.86/cwt at this weight
vs the market
+0.38
vs SD average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2451289.001,3039thin
Medium and Large 1925230.962,1361,396
Large 11,042221.142,3051,003
One grade step is worth $67.86/cwt here — about −$1,002 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 sale2,408 hd
227.08
SD average5 barns · 4,990 hd
226.70
+0.38
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

16 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
SteersMedium and Large 1978220.76/cwt212.25–230.002,159759
SteersMedium and Large 1-2451289.00/cwt289.00–289.001,3039
SteersMedium and Large 1807258.75/cwt258.75–258.752,08858
SteersMedium and Large 1934231.15/cwt227.75–247.752,159375
SteersMedium and Large 1716262.00/cwt262.00–262.001,87668
SteersMedium and Large 1651252.75/cwt252.75–252.751,64528
SteersLarge 11,021222.15/cwt214.00–226.252,268563
SteersLarge 11,060221.64/cwt209.00–224.752,349346
SteersMedium and Large 1611279.82/cwt278.00–281.001,71026
SteersMedium and Large 1479300.00/cwt300.00–300.001,43723
SteersLarge 11,105213.25/cwt213.25–213.252,35694
SteersMedium and Large 1Fancy980239.00/cwt239.00–239.002,34259
HeifersMedium and Large 1684230.14/cwt226.00–233.001,57424
HeifersMedium and Large 1884228.92/cwt228.50–229.752,024179
HeifersMedium and Large 1566257.50/cwt257.50–257.501,4577
HeifersMedium and Large 1627243.00/cwt243.00–243.001,5245

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.