Sale reports / South Dakota / Herreid Livestock Market / 2023-10-06

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, Oct 6
● Final21 lots reportedUSDA AMS · slug 2024
Receipts
3,290 head
▲ 289 vs last sale 3,001▲ 714 vs year ago 2,576 · +27.7%
View

Reporter comment USDA

As filed

Compared to last week: best test on steers 850 to 899 lbs 2.00 to 4.00 lower, other weight classes of steers not well compared. Best test on heifers 850 to 949 lbs 2.00 to 5.00 higher. Good demand for yearlings today. Similar to last week, most of the yearlings sold in loads and strings with the majority coming off grass. A couple consignments of lot cattle, these are met with less demand as there are still lots of good, green grass cattle on offer. Quality similar to last week with most cattle being average to attractive in quality. One consignment of spring calves offered and met with light demand, Its a bit early for calves in this area yet and too many guys are trying to harvest and get more of the fall work done. An active market with more buyers in the seats this week and a positive bump in the futures today. The first freeze of the season expected tonight. Next feeder cattle sale is Friday, October 13.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $252.99/cwt on 1,658 head.
Average price
$252.99
1,658 head · 837 lb average
Value per head Derived
$2,119
Price × average weight ÷ 100
Grade differential Derived
−$258
per head · Medium and Large 1 over Large 1
$24.59/cwt at this weight
vs the market
−11.40
vs SD average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1816255.612,0861,481
Large 11,015231.022,345177
One grade step is worth $24.59/cwt here — about −$258 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 sale1,658 hd
252.99
—
SD average8 barns · 11,066 hd
264.39
−11.40
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

21 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 1Fleshy—823220.50/cwt220.50–220.501,81575
HeifersLarge 1—1,014229.50/cwt229.50–229.502,3277
HeifersLarge 1—1,051218.50/cwt218.50–218.502,2968
HeifersMedium and Large 1—858236.00/cwt234.50–236.502,025155
HeifersMedium and Large 1—731249.40/cwt244.25–253.251,823189
HeifersMedium and Large 1—829240.39/cwt231.00–245.501,993209
SteersLarge 1—1,015231.02/cwt220.25–238.502,345177
SteersMedium and Large 1—830259.56/cwt250.50–265.502,154261
SteersMedium and Large 1—871245.78/cwt240.00–249.752,141266
HeifersMedium and Large 1-2—677237.00/cwt237.00–237.001,60418
HeifersMedium and Large 1—392282.50/cwt282.50–282.501,10716
HeifersMedium and Large 1—477252.50/cwt252.50–252.501,20421
SteersMedium and Large 1—910234.50/cwt229.50–245.502,134218
SteersMedium and Large 1—395327.50/cwt327.50–327.501,2949
SteersMedium and Large 1—489329.00/cwt329.00–329.001,60930
HeifersMedium and Large 1—962232.67/cwt230.00–233.252,23852
HeifersMedium and Large 1—763248.50/cwt248.50–248.501,89663
HeifersMedium and Large 1—923225.51/cwt215.25–233.752,081497
SteersMedium and Large 1—980238.50/cwt238.50–238.502,337119
SteersMedium and Large 1—773260.22/cwt259.50–261.002,012145
SteersMedium and Large 1—728266.49/cwt257.00–274.751,940433

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.