If you are looking for sheephead and cat's you will likely be disappointed in the Rice Lake area. There are certainly some fine lakes in that surrounding area but not those particular critters in any numbers. The Dairyland flowage out side of Ladysmith does have some decent catfish but the Dairyland rarely sets anyone's hair on fire in the fishing department. Out of Trempealeau you have the Mississippi, and that is a sheephead and catfish paradise. One lake that is often overlooked and is probably one of the premier catfishing destinations in this part of the state is Lake Wissota, it has catfish tournaments and the numbers and size of catfish that come out of Wissota may make you reconsider dipping your toes in the water. There is also the Holcomb Flowage closer to Cornell, that has good catfishing. These are all reservoirs on the Chippewa River system, The Dairyland is on the Flambeau. Some of the biggest sheephead/drum I have ever caught have come out of Green Bay when I thought I had monster walleye's on and it turn out to be a drum the size of garbage can lid. What a hoot. good luck.