Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, August 24, 2023

2,626 head sold ·Official USDA report

This is an archived report. See the latest Mobridge Livestock Exchange (Thursday) report →

light 9-weight M&L 1 steers $246.77/cwt +50.33 vs last sale · ≈ $2,255/hd at 914 lb · 668 head
light 8-weight M&L 1 steers $254.34/cwt +48.75 vs last sale · ≈ $2,098/hd at 825 lb · 462 head
heavy 8-weight M&L 1 heifers $234.81/cwt +50.81 vs last sale · ≈ $2,052/hd at 874 lb · 369 head
HeadThis saleLast saleLast year
Total receipts 2,626 2,548 2,301
Feeder cattle 2,626 2,548 2,301

First reported sale this summer so an accurate price trend can not be established. Good to very good demand for this large offering of yearlings selling in strings, loads, and packages, including many packages of tested open heifers, all coming off grass. Flesh mostly light to moderate with some fill seen on the cattle at times. Quality mostly average to attractive today. An active market with many buyers in the seats. Another warm and humid day today with this type of weather making haying and harvesting difficult, wheat harvest has been slow. Watch local listings for the next feeder cattle sale.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
639 639 15 287.00 $287.00 $1,834 +37.39
651–654 652 37 287.00–294.00 $292.48 $1,907 +46.26
712 712 18 272.00 $272.00 $1,937 +52.00
780–793 791 92 252.50–267.50 $265.77 $2,102
800–845 825 462 248.75–265.50 $254.34 $2,098 +48.75
894–897 895 77 244.50–247.50 $246.87 $2,209
901–934 914 668 240.50–253.25 $246.77 $2,255 +50.33
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
503–515 511 27 305.00–307.00 $306.42 $1,566
588–597 590 50 291.00–297.00 $295.79 $1,745 +58.79
689 689 8 270.00 $270.00 $1,860
846 846 9 241.00 $241.00 $2,039
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1018 1018 18 226.00 $226.00 $2,301

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
541 541 11 266.00 $266.00 $1,439 +19.32
632 632 5 249.00 $249.00 $1,574 +31.15
671–672 671 33 245.00–250.00 $247.43 $1,660 +47.36
699 699 93 259.00 $259.00 $1,810 +58.93
713–748 731 65 242.00–255.50 $249.81 $1,826 +40.06
758–788 774 272 242.00–251.50 $247.40 $1,915 +39.40
814–817 816 36 236.00–240.00 $239.22 $1,952 +52.72
850–896 874 369 228.50–239.75 $234.81 $2,052 +50.81
907 907 23 234.75 $234.75 $2,129
955–971 968 92 226.00–235.00 $228.01 $2,207
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
849 849 12 223.50 $223.50 $1,898

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What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.