Sale reports / South Dakota / Herreid Livestock Market / 2024-05-17

Herreid Livestock Market

Feeder Cattle · Herreid, South Dakota · Fri, May 17
● Final45 lots reportedUSDA AMS · slug 2024
Receipts
7,606 head
4,569 vs last sale 3,037 1,232 vs year ago 6,374 · +19.3%
View

Reporter comment USDA

As filed

First reported sale in three weeks so an accurate price trend can not be established. A special BBQ sale today, formerly known as the Birthday Sale, featuring a large offering of many strings, loads, and packages of both home raised and backgrounded cattle including quite a few fall born calves. Very good demand for all classes of cattle today. Grass turnout is upon us and cattle which could fill empty pastures were very sought after. Varied flesh condition today, from moderate to some heavy flesh, buyers showed less discrimination toward flesh condition and more interest in getting cattle bought. An active market which just got stronger throughout the day. Many opportunities to buy multi[le loads to fill pens which buyers took advantage of. No sale next week due to Memorial Day weekend, watch local listings for the next feeder cattle sale.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $342.18/cwt on 157 head. That ranks 1 of 16 comparable sales and sits 153.30 against this barn's trailing median of $495.48.
Average price
$342.18
157 head · 555 lb average
Value per head Derived
$1,901
Price × average weight ÷ 100
Grade differential Derived
$235
per head · Medium and Large 1 over Medium and Large 1-2
$20.57/cwt at this weight
vs the market
+12.76
vs SD average
+31.41 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1558343.621,918146
Medium and Large 1-2521323.051,68311thin
One grade step is worth $20.57/cwt here — about $235 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
533504475446median 495.4812/1902/0603/0604/1706/12
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 sale157 hd
342.18
SD average3 barns · 407 hd
329.42
+12.76
National average163 barns · 10,302 hd
310.77
+31.41
This barn, trailing median16 sales
495.48
−153.30
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

45 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
SteersLarge 11000–10501,031234.63/cwt222.25–238.252,419196
SteersLarge 1-21000–10501,048212.25/cwt212.25–212.252,22450
SteersLarge 11050–11001,067227.18/cwt225.75–233.752,424479
SteersMedium and Large 1Fancy800–850809284.00/cwt284.00–284.002,29863
HeifersMedium and Large 1Fleshy950–1000992211.00/cwt211.00–211.002,0936
SteersMedium and Large 1Fleshy900–950929234.00/cwt234.00–234.002,17464
HeifersMedium and Large 1750–800776249.93/cwt239.50–256.501,939562
SteersMedium and Large 1800–850838261.96/cwt253.00–264.252,195132
SteersMedium and Large 1600–650632306.01/cwt305.00–311.001,934175
HeifersMedium and Large 1500–550538314.23/cwt312.00–315.001,69122
HeifersMedium and Large 1850–900862240.65/cwt239.00–243.002,07458
HeifersMedium and Large 1Replacement800–850841258.00/cwt258.00–258.002,17027
HeifersMedium and Large 1650–700683270.19/cwt260.50–283.001,845425
SteersMedium and Large 1350–400352392.07/cwt385.00–395.001,38017
HeifersMedium and Large 1450–500474339.19/cwt330.00–355.001,60885
SteersMedium and Large 1650–700676306.22/cwt302.00–314.502,07069
HeifersMedium and Large 1600–650621288.79/cwt276.00–294.001,793192
HeifersMedium and Large 1350–400391342.50/cwt342.50–342.501,3399
SteersMedium and Large 1450–500467385.31/cwt382.50–386.001,79931
HeifersMedium and Large 1900–950913221.00/cwt221.00–221.002,01818
HeifersMedium and Large 1800–850821245.55/cwt236.50–248.752,016261
SteersMedium and Large 1850–900871255.19/cwt245.50–266.002,2231,024
SteersMedium and Large 1400–450426405.00/cwt405.00–405.001,72559
HeifersMedium and Large 1Thin Fleshed500–550512346.00/cwt346.00–346.001,77230
HeifersMedium and Large 1950–1000969222.28/cwt221.00–225.502,15491
HeifersMedium and Large 1Thin Fleshed400–450401373.00/cwt373.00–373.001,49656
HeifersMedium and Large 1550–600585297.07/cwt294.00–298.001,73873
SteersMedium and Large 1-2650–700690283.86/cwt276.00–291.501,95956
SteersMedium and Large 1-2800–850828245.00/cwt245.00–245.002,02970
HeifersMedium and Large 1700–750748245.00/cwt245.00–245.001,83312
SteersMedium and Large 1750–800777276.38/cwt261.50–285.752,147457
SteersMedium and Large 1550–600569336.46/cwt328.00–337.501,914117
HeifersMedium and Large 1300–350321341.00/cwt341.00–341.001,0957
SteersMedium and Large 1-2350–400383360.00/cwt360.00–360.001,3799
SteersMedium and Large 1-2500–550521323.05/cwt310.00–334.001,68311
SteersMedium and Large 1-2400–450446346.00/cwt346.00–346.001,54323
SteersMedium and Large 1900–950918243.67/cwt240.00–248.002,237588
SteersMedium and Large 1950–1000971240.67/cwt228.75–245.752,337811
SteersMedium and Large 1-2450–500489347.00/cwt347.00–347.001,69710
SteersMedium and Large 1Fleshy700–750727271.24/cwt267.00–276.001,97267
SteersMedium and Large 1Full850–900891241.50/cwt241.50–241.502,15245
HeifersMedium and Large 1400–450400332.50/cwt332.50–332.501,3305
SteersMedium and Large 1500–550514372.49/cwt350.00–376.001,91529
SteersMedium and Large 1700–750720293.01/cwt284.00–299.002,110230
SteersMedium and Large 1-2600–650626294.00/cwt294.00–294.001,8407

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.