Sale reports / South Dakota / Herreid Livestock Market / 2024-01-05

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, Jan 5
● Final27 lots reportedUSDA AMS · slug 2024
Receipts
2,402 head
▼ 1,726 vs last sale 4,128▼ 3,721 vs year ago 6,123 · −60.8%
View

Reporter comment USDA

As filed

First feeder cattle sale in three weeks so an accurate price trend can not be established. Good demand for both calves and yearlings today. A couple strings and a handful of loads, mostly steers, made up the yearlings. Quality varied, but more plain to average yearlings today and carrying some flesh. Many packages and quite a few loads of calves, the majority were home raised and weaned. Flesh varied, but mostly moderate to moderate plus. Quality average to attractive with quite a few colored hides in the mix today. The push for grass calves has started and those calves with the potential to fit in those programs see very good demand. An active market for this offering. Much colder temperatures expected for the area next week. Next feeder cattle sale is Friday, January 12.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $234.34/cwt on 1,512 head.
Average price
$234.34
1,512 head · 834 lb average
Value per head Derived
$1,953
Price × average weight ÷ 100
Grade differential Derived
−$715
per head · Medium and Large 1-2 over Large 1
$63.70/cwt at this weight
vs the market
−14.60
vs SD average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2554269.111,49148
Medium and Large 1774241.481,8691,128
Large 11,074205.412,206336
One grade step is worth $63.70/cwt here — about −$715 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 sale1,512 hd
234.34
—
SD average7 barns · 12,029 hd
248.94
−14.60
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

27 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 1-2—525282.33/cwt266.00–287.501,48231
SteersMedium and Large 1—824235.41/cwt227.00–239.251,940351
SteersMedium and Large 1—874210.45/cwt207.00–210.751,839115
SteersMedium and Large 1Full—640254.15/cwt254.00–254.251,62733
HeifersMedium and Large 1—634236.22/cwt225.50–239.501,498179
HeifersMedium and Large 1—732225.36/cwt221.00–229.001,650162
SteersMedium and Large 1-2—607245.00/cwt245.00–245.001,48717
SteersMedium and Large 1—623270.28/cwt266.00–280.001,684178
SteersMedium and Large 1—922218.78/cwt211.25–225.752,017123
HeifersMedium and Large 1—529257.53/cwt251.00–270.001,36222
HeifersMedium and Large 1-2—455247.50/cwt247.50–247.501,1264
HeifersMedium and Large 1—968190.00/cwt190.00–190.001,83913
SteersMedium and Large 1—531303.10/cwt300.00–311.001,60932
SteersMedium and Large 1—494317.00/cwt317.00–317.001,56619
SteersMedium and Large 1—563285.22/cwt282.00–287.001,60614
SteersLarge 1—1,037208.81/cwt204.25–211.002,16592
SteersLarge 1—1,063204.00/cwt204.00–204.002,169125
SteersLarge 1—1,114204.25/cwt204.25–204.252,275119
SteersMedium and Large 1—707250.75/cwt249.00–257.001,773102
SteersMedium and Large 1—663245.95/cwt242.50–253.001,63183
SteersMedium and Large 1—978210.88/cwt207.75–212.252,06278
HeifersMedium and Large 1—824212.93/cwt206.00–220.001,75567
HeifersMedium and Large 1—485271.99/cwt263.50–282.001,31925
HeifersMedium and Large 1—576252.72/cwt240.00–258.001,456132
HeifersMedium and Large 1—939200.65/cwt200.25–201.251,88475
HeifersMedium and Large 1—671231.00/cwt231.00–231.001,5504
HeifersMedium and Large 1—448264.00/cwt264.00–264.001,1834

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.