Name: Herreid Livestock Market livestock auction prices — 2024-04-05
Creator: RaisedBeef
Published: 2024-04-05

Reporter comment USDA

As filed

Too few feeder cattle from two weeks ago to compare to today's offering and develop an accurate price trend. A large offering of many packages and loads today with cattle suitable for backgrounding or grass seeing the best demand and mostly good demand on finishing type cattle depending on flesh condition. Flesh varied, from moderate to heavy with some fill on the cattle at times. Both home raised and backgrounded cattle on offer, quality mostly average to attractive. Several opportunities to buy multiple loads to fill pens that buyers took advantage of. Cattle are nice and clean as pen conditions are dry right now. A moderate to active market with best activity the first two thirds of the sale. A rocky week for the futures which ended with losses on both live and feeder cattle again today. Next feeder cattle sale is Friday, April 12.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $328.46/cwt on 107 head. That ranks 1 of 16 comparable sales and sits −167.02 against this barn's trailing median of $495.48.

Average price

$328.46

107 head · 572 lb average

Value per head Derived

$1,880

Price × average weight ÷ 100

Grade differential Derived

$286

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

$21.03/cwt at this weight

vs the market

+2.77

vs SD average

+17.70 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	576	330.03	1,902	99
Medium and Large 1-2	523	309.00	1,616	8thin

One grade step is worth $21.03/cwt here — about $286 a head. Across this sale the premium is widest at 400–500 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 sale107 hd

328.46

—

SD average5 barns · 530 hd

325.69

+2.77

National average173 barns · 11,586 hd

310.76

+17.70

This barn, trailing median16 sales

495.48

−167.02

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

37 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	Medium and Large 1Fleshy	650–700	683	251.90/cwt	249.25–256.00	1,720	64
Steers	Medium and Large 1Fleshy	700–750	738	268.43/cwt	264.00–271.50	1,981	102
Steers	Medium and Large 1Fleshy	850–900	872	232.00/cwt	232.00–232.00	2,023	23
Steers	Medium and Large 1Fleshy	650–700	695	271.70/cwt	270.00–273.50	1,888	140
Steers	Medium and Large 1Fleshy	750–800	763	262.00/cwt	262.00–262.00	1,999	11
Steers	Medium and Large 1Full	600–650	626	289.00/cwt	289.00–289.00	1,809	15
Heifers	Medium and Large 1	750–800	779	242.52/cwt	240.50–243.75	1,889	269
Heifers	Medium and Large 1	900–950	930	229.23/cwt	229.00–232.00	2,132	80
Steers	Medium and Large 1	850–900	857	250.45/cwt	240.00–254.25	2,146	415
Heifers	Medium and Large 1Thin Fleshed	550–600	553	303.00/cwt	303.00–303.00	1,676	18
Heifers	Medium and Large 1	450–500	466	312.52/cwt	301.00–320.00	1,456	27
Heifers	Medium and Large 1	500–550	530	295.41/cwt	287.50–300.00	1,566	83
Heifers	Medium and Large 1	650–700	668	269.11/cwt	259.00–276.00	1,798	74
Heifers	Medium and Large 1	550–600	571	283.37/cwt	276.00–293.00	1,618	115
Steers	Medium and Large 1	950–1000	964	226.95/cwt	224.00–228.50	2,188	203
Steers	Medium and Large 1	550–600	581	329.39/cwt	320.00–334.00	1,914	93
Heifers	Medium and Large 1	400–450	433	332.78/cwt	326.00–340.00	1,441	16
Heifers	Medium and Large 1	600–650	631	263.10/cwt	259.00–276.50	1,660	67
Heifers	Medium and Large 1	700–750	720	254.37/cwt	248.50–255.25	1,831	363
Heifers	Medium and Large 1Replacement	700–750	748	270.00/cwt	270.00–270.00	2,020	6
Steers	Medium and Large 1	750–800	785	276.75/cwt	272.50–279.75	2,172	296
Heifers	Medium and Large 1-2	400–450	411	310.00/cwt	310.00–310.00	1,274	6
Steers	Medium and Large 1	700–750	725	293.66/cwt	292.25–294.00	2,129	162
Heifers	Medium and Large 1Replacement	800–850	830	263.45/cwt	260.00–266.00	2,187	38
Steers	Medium and Large 1	500–550	505	340.00/cwt	340.00–340.00	1,717	6
Heifers	Medium and Large 1-2	450–500	481	281.00/cwt	281.00–281.00	1,352	10
Steers	Medium and Large 1	650–700	690	286.86/cwt	273.50–308.00	1,979	102
Heifers	Medium and Large 1-2	500–550	530	281.00/cwt	281.00–281.00	1,489	6
Steers	Medium and Large 1	800–850	834	260.54/cwt	252.00–265.75	2,173	537
Steers	Medium and Large 1	900–950	909	243.75/cwt	243.75–243.75	2,216	126
Steers	Medium and Large 1	600–650	603	315.53/cwt	310.00–325.00	1,903	87
Steers	Medium and Large 1-2	450–500	461	330.00/cwt	330.00–330.00	1,521	7
Steers	Medium and Large 1	450–500	466	366.64/cwt	358.00–374.00	1,709	36
Steers	Medium and Large 1-2	500–550	523	309.00/cwt	309.00–309.00	1,616	8
Steers	Medium and Large 1-2	800–850	814	230.00/cwt	230.00–230.00	1,872	6
Heifers	Medium and Large 1-2	600–650	648	251.00/cwt	251.00–251.00	1,626	13
Steers	Medium and Large 1-2	650–700	673	266.00/cwt	266.00–266.00	1,790	22

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 →