Name: Herreid Livestock Market livestock auction prices — 2024-03-15
Creator: RaisedBeef
Published: 2024-03-15

Reporter comment USDA

As filed

Compared to last week: best test on steers 600 to 649 lbs 2.00 higher, 750 to 799 lbs and 850 to 899 lbs 5.00 to 7.00 higher with instances up to 10.00 higher on 750 to 799 lbs. Heifers not well compared today. Good to very good demand for all classes of cattle today. Aside from a string of backgrounded steers, the majority of the offering was home raised. Quality and flesh were very attractive and cattle were clean hided and open haired. Quite a few guys still trying to fill their grass orders, a task that gets tougher every week as supplies dwindle and has also gotten quite a bit more expensive. Market was active to very active. Buyers are determined to own cattle for the fall marketing season. The futures ended the day on a positive note. The weather is expected to cool off over the weekend and next week with a chance of snow. Next feeder cattle sale is Friday, March 22.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $334.08/cwt on 117 head. That ranks 1 of 16 comparable sales and sits −161.39 against this barn's trailing median of $495.48.

Average price

$334.08

117 head · 544 lb average

Value per head Derived

$1,818

Price × average weight ÷ 100

Grade differential Derived

$210

per head · Medium and Large 1 over Medium and Large 1-2

$52.69/cwt at this weight

vs the market

−1.63

vs SD average

+18.01 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	542	337.69	1,831	109
Medium and Large 1-2	569	285.00	1,622	8thin

One grade step is worth $52.69/cwt here — about $210 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

16 sales

Steers 500–600 lb: high $519.08, low $460.37, median $495.48 across 16 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only

This sale117 hd

334.08

—

SD average5 barns · 1,225 hd

335.71

−1.63

National average167 barns · 13,796 hd

316.07

+18.01

This barn, trailing median16 sales

495.48

−161.39

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

28 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
Steers	Medium and Large 1Fancy	700–750	725	296.50/cwt	296.50–296.50	2,150	57
Heifers	Medium and Large 1	700–750	714	243.43/cwt	243.00–244.00	1,738	14
Heifers	Medium and Large 1	450–500	485	315.57/cwt	310.00–320.00	1,531	29
Heifers	Medium and Large 1	400–450	431	346.00/cwt	346.00–346.00	1,491	45
Heifers	Medium and Large 1	750–800	764	238.99/cwt	230.00–241.50	1,826	55
Heifers	Medium and Large 1	800–850	825	241.75/cwt	234.50–246.00	1,994	66
Heifers	Medium and Large 1	600–650	639	280.74/cwt	275.00–291.00	1,794	153
Steers	Medium and Large 1	500–550	521	345.77/cwt	322.50–350.00	1,801	66
Steers	Medium and Large 1	450–500	488	364.00/cwt	364.00–364.00	1,776	14
Steers	Medium and Large 1	800–850	813	267.09/cwt	259.00–268.50	2,171	77
Heifers	Medium and Large 1	500–550	522	309.08/cwt	301.00–319.00	1,613	78
Steers	Medium and Large 1	650–700	656	301.81/cwt	299.00–304.50	1,980	33
Steers	Medium and Large 1	600–650	619	317.24/cwt	299.00–324.00	1,964	204
Steers	Medium and Large 1	850–900	878	254.54/cwt	250.00–259.00	2,235	259
Heifers	Medium and Large 1	550–600	571	291.51/cwt	284.00–304.00	1,665	67
Heifers	Medium and Large 1	650–700	675	269.13/cwt	263.50–276.50	1,817	149
Steers	Medium and Large 1	400–450	424	398.00/cwt	398.00–398.00	1,688	26
Steers	Medium and Large 1	900–950	909	251.50/cwt	251.50–251.50	2,286	63
Steers	Medium and Large 1-2	450–500	467	335.10/cwt	332.50–337.50	1,565	16
Heifers	Medium and Large 1-2	500–550	543	280.00/cwt	280.00–280.00	1,520	7
Steers	Medium and Large 1	350–400	362	411.00/cwt	411.00–411.00	1,488	14
Steers	Medium and Large 1	550–600	575	325.28/cwt	318.00–335.00	1,870	43
Heifers	Medium and Large 1-2	400–450	418	312.50/cwt	312.50–312.50	1,306	9
Steers	Medium and Large 1-2	550–600	569	285.00/cwt	285.00–285.00	1,622	8
Steers	Medium and Large 1	950–1000	980	240.25/cwt	240.25–240.25	2,354	64
Steers	Medium and Large 1	700–750	737	279.50/cwt	274.00–289.00	2,060	163
Steers	Medium and Large 1	750–800	783	272.59/cwt	265.00–277.50	2,134	331
Heifers	Medium and Large 1Replacement	700–750	746	263.34/cwt	263.00–267.00	1,965	79

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 →