Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, October 5, 2023

1,279 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $305.74/cwt ≈ $1,617/hd at 529 lb · 280 head
heavy 4-weight M&L 1 steers $324.53/cwt ≈ $1,512/hd at 466 lb · 146 head
heavy 4-weight M&L 1 heifers $291.29/cwt ≈ $1,366/hd at 469 lb · 143 head
HeadThis saleLast saleLast year
Total receipts 1,279 2,299 676
Feeder cattle 1,279 2,299 676

First calf sale of the season so an accurate price trend can not be established, yearlings too lightly tested today to compared to two weeks ago. Moderate to good demand for a handful of yearlings offered, mostly tested open heifers off grass. Moderate to good demand for this first calf offering of the season. selling in packages. Calves all came off the cow and with variety of preconditioning, those without all their shots were discounted at times. Quality varied, but mostly average to attractive. A moderate market with a more limited crowd of buyers and a few farmer feeders, most folks are very busy with harvest and fall work. The uncertainty of the futures the last couple weeks is causing some concern and caution, especially in the calf market. Next feeder cattle sale is Thursday, October 12, expecting 5000 calves.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–316 310 14 330.00–355.00 $346.37 $1,074
366–381 374 72 344.00–371.00 $356.81 $1,334
419–438 433 59 332.50–343.00 $341.78 $1,480
452–491 466 146 313.00–336.00 $324.53 $1,512
507–549 529 280 294.00–320.00 $305.74 $1,617
618–636 626 19 277.00 $277.00 $1,734 -13.99
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
391 391 15 336.00 $336.00 $1,314
456 456 15 306.00 $306.00 $1,395
541 541 15 288.00 $288.00 $1,558
630 630 9 274.00 $274.00 $1,726

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
316–348 328 27 307.50–327.50 $320.90 $1,053
359–373 366 50 320.00–323.00 $320.96 $1,175
404–436 415 95 292.50–327.00 $318.45 $1,322
458–479 469 143 281.00–301.00 $291.29 $1,366
504–535 516 88 250.00–273.00 $262.92 $1,357
767 767 5 239.00 $239.00 $1,833 -9.11
846 846 65 238.00 $238.00 $2,013 -5.86
864 864 7 233.50 $233.50 $2,017 -7.20
923–935 931 16 228.50–230.50 $229.88 $2,140 -5.07
951–973 964 38 224.50–227.50 $225.40 $2,173 -5.86
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
432–449 440 75 270.00–293.00 $278.41 $1,225
497 497 15 251.00 $251.00 $1,247

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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.