Herreid Livestock Market market report — October 23, 2026

Herreid, SD · Friday sale · USDA report published 10/23/2026 · Sale days

Head sold

2,952

Last week 4,202 (−1250)
Last year 2,071

5-wt steers (500–599 lb)

$466.00 /cwt

$2,414 per head · 8 hd
vs last week +18.49

7-wt steers (700–799 lb)

$365.50 /cwt

$2,796 per head · 61 hd
vs last week +7.34

Compared to last week: yearling steers 850 to 949 lbs mostly steady, 1000 to 1049 lbs 6.00 to 10.00 higher, all on a narrow comparison. Best test on heifers 850 to 899 lbs 6.00 to 10.00 higher, 900 to 949 lbs mostly steady. No price trend available on calves. Good to very good demand for yearlings. The majority of the yearling offering came off grass in loads and strings with a handful of loads of lot cattle to round things out. Similar to last week, quality varied quite a bit, from plain to attractive. Flesh ran from light to moderate plus on grass cattle, yard cattle in moderate plus to heavy flesh. A handful of calves in today's offering were met with moderate demand at best. All calves were off the cow and sold in packages and most had no shots. An active market on yearlings, moderate on calves. Farmers are busy in the fields and corn harvest is progressing rapidly. Next week will bring much cooler weather and a chance for moisture. Next feeder cattle sale is Friday, October 30.
USDA Market News reporter, October 23, 2026

Feeder steers — Oct 23

Steers, Medium and Large frame, No. 1 and 1–2 muscle, regular lots, head-weighted by 100-lb band. Last week = sale of Oct 16. Last year = sale of Oct 24.
Weight	Head	Avg wt	$/cwt	$/head	vs last week	vs last year
300–399 lb	16	389 lb	$582.50	$2,266	+5.88	+21.57
400–499 lb	11	440 lb	$537.00	$2,363	+28.05	+42.51
500–599 lb	8	518 lb	$466.00	$2,414	+18.49	+4.91
600–699 lb	93	645 lb	$401.33	$2,589	−17.47	+2.09
700–799 lb	61	765 lb	$365.50	$2,796	+7.34	−4.50
800–899 lb	432	875 lb	$354.30	$3,099	+4.57	−12.99
900–999 lb	311	954 lb	$341.08	$3,254	−3.61	−2.02

Feeder heifers — Oct 23

Heifers, Medium and Large frame, No. 1 and 1–2 muscle, regular lots, head-weighted by 100-lb band. Last week = sale of Oct 16. Last year = sale of Oct 24.
Weight	Head	Avg wt	$/cwt	$/head	vs last week	vs last year
400–499 lb	9	434 lb	$440.00	$1,910	−22.16	−26.15
500–599 lb	38	577 lb	$379.98	$2,192	+12.70	−31.66
700–799 lb	358	760 lb	$350.76	$2,667	+8.63	−2.63
800–899 lb	392	842 lb	$335.89	$2,830	+15.82	−2.88
900–999 lb	297	952 lb	$312.62	$2,976	+6.72	−21.28

Slaughter cows — Oct 23

No slaughter cows reported at the latest sale.

Price trends

Steers 500–599 lb Steady

Latest (week of October 19, 2026): $466.00/cwt
4-week average: $456.75
13-week average: $456.75
4-week vs 13-week: 0.0%

52-wk low $416.83high $517.30

Sales in 2 of the last 13 weeks.

Steers 700–799 lb Steady

Latest (week of October 19, 2026): $365.50/cwt
4-week average: $354.47
13-week average: $357.50
4-week vs 13-week: −0.8%

52-wk low $332.58high $424.78

Sales in 5 of the last 13 weeks.

Heifers 500–599 lb Steady

Latest (week of October 19, 2026): $379.98/cwt
4-week average: $373.63
13-week average: $373.63
4-week vs 13-week: 0.0%

52-wk low $356.37high $490.00

Sales in 2 of the last 13 weeks.

Direction compares the 4-week average with the 13-week average: Rising +1% or more, Steady within ±1%, Easing −1% to −3%, Falling −3% or more. Weekly prices are head-weighted averages of Medium and Large No. 1 and 1–2 feeder cattle, regular lots.

The label describes recent prices; it is not a forecast. In our backtest of every barn since 2019 (about 35,000 barn-weeks), barns labeled Falling went on to beat other barns' average move over the next 13 weeks 61% of the time, and barns labeled Rising trailed it 56% of the time.

Last 52 weeks

Weekly average $/cwt4-week average

Price history since 2019

Weekly average $/cwt

When to sell: the seasonal pattern

5-weight steers

For 500–599 lb steers, prices since 2019 ran highest against their yearly average in May and Jun and lowest in Nov and Dec.

Each month's head-weighted average price compared with the centered 12-month average around it, then averaged across years. Past patterns are not a forecast.
Month	vs year avg	Years above	Years
Jan	−0.9%	50%	6
Feb	+1.7%	83%	6
Mar	+2.5%	71%	7
Apr	+3.3%	86%	7
May	+5.5%	100%	7
Jun	+5.2%	80%	5
Jul	—	—	1
Aug	+4.4%	100%	3
Sep	—	—	2
Oct	−3.4%	14%	7
Nov	−6.1%	0%	7
Dec	−4.1%	0%	7

7-weight steers

For 700–799 lb steers, prices since 2019 ran highest against their yearly average in Aug and Jul and lowest in Dec and Nov.

Each month's head-weighted average price compared with the centered 12-month average around it, then averaged across years. Past patterns are not a forecast.
Month	vs year avg	Years above	Years
Jan	−1.5%	43%	7
Feb	−0.4%	71%	7
Mar	−1.6%	29%	7
Apr	+0.3%	43%	7
May	+2.2%	71%	7
Jun	+3.6%	100%	7
Jul	+4.8%	100%	4
Aug	+5.3%	86%	7
Sep	+3.9%	67%	6
Oct	−1.1%	43%	7
Nov	−2.0%	29%	7
Dec	−4.0%	43%	7

Recent sales

Last 13 weeks. Download the weekly history as CSV.
Sale	Head sold	Steers 500–599 $/cwt	Steers 700–799 $/cwt	Heifers 500–599 $/cwt
Fri Oct 23	2,952	$466.00	$365.50	$379.98
Fri Oct 16	4,202	$447.51	$358.16	$367.28
Fri Oct 9	850	—	—	—
Fri Oct 2	2,338	—	$339.75	—
Fri Sep 25	2,781	—	$350.86	—
Fri Sep 18	2,686	—	$373.25	—
Fri Sep 11	1,945	—	—	—
Fri Aug 14	1,484	—	—	—
Fri Aug 7	2,233	—	—	—

Nearby barns this week

Straight-line distance between towns. Barns tagged unweaned show unweaned-calf prices. Every South Dakota sale this week.
Barn	Distance	Sale	Steers 500–599	Steers 700–799
Mobridge Livestock Exchange, Mobridge	27 mi	Oct 22	$470.74	—
Hub City Livestock Auction, Aberdeen	82 mi	Oct 21	$469.67	$380.26
Ft. Pierre Livestock Auction, Fort Pierre	103 mi	Oct 23	$467.96	$348.87
Philip Livestock Auction, Philip	146 mi	Oct 20	$465.30	$402.00
Mitchell Livestock Auction, Mitchell	177 mi	Oct 22	$442.56	$358.82
St. Onge Livestock Auction, Saint Onge	199 mi	Oct 23	$458.22	$361.27

Sale days

Sale	Latest report	Head	Sales in 52 weeks	USDA report
Friday	October 23, 2026	2,952	34	AMS_2024

Source: USDA AMS Livestock, Poultry and Grain Market News, “Herreid Livestock Market - Herreid, SD” (AMS_2024). See something wrong? Report a correction. Feeder prices are Medium and Large frame No. 1 and 1–2 cattle, $/cwt, grouped into 100-lb bands by average weight and weighted by head count. Value-added, unweaned and No. 2 lots are shown in their own columns; other lot types (fancy, fleshy, thin-fleshed, spayed, replacement) are left out. $/head = $/cwt × average weight ÷ 100.