Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, October 12, 2023

3,575 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 $316.78/cwt +11.04 vs last sale · ≈ $1,647/hd at 520 lb · 433 head
heavy 5-weight M&L 1 steers $301.02/cwt ≈ $1,764/hd at 586 lb · 351 head
light 6-weight M&L 1 steers $293.02/cwt +16.02 vs last sale · ≈ $1,793/hd at 612 lb · 305 head
HeadThis saleLast saleLast year
Total receipts 3,575 1,279 4,386
Feeder cattle 3,575 1,279 4,386

Compared to last week: yearlings not well compared. Best test on steer calves 450 to 499 lbs mostly steady, 500 to 549 lbs 3.00 to 5.00 higher. Best test on heifers 400 to 499 lbs unevenly steady. Moderate to good demand for calves this week with load lots seeing the best demand. A wide range of prices with hide color and shot records affecting what buyers were willing to give for these unweaned calves. A moderate to active market with the more buyers in the seats this week and a few farmer feeders. Not exactly ideal weather conditions today to take on calves with widespread rain in the southern part of the state and south into Nebraska along with high winds everywhere. Most guys are wanting to wait out this weather and also get farther along in harvest before they start calves. Next feeder cattle sale is Thursday, October 19.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
338 338 11 365.00 $365.00 $1,234 +18.63
355–378 362 48 346.00–370.00 $357.11 $1,293 +0.30
414–415 fancy 414 117 370.00–384.50 $375.83 $1,556
402–438 425 104 336.00–360.00 $340.15 $1,446 -1.63
471–496 481 282 321.00–341.00 $330.37 $1,589 +5.84
500–544 520 433 301.00–327.00 $316.78 $1,647 +11.04
567–599 586 351 296.50–308.00 $301.02 $1,764
601–639 612 305 273.00–300.50 $293.02 $1,793 +16.02
800 800 63 258.50 $258.50 $2,068
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335–340 338 22 322.50 $322.50 $1,090
378 378 6 315.00 $315.00 $1,191 -21.00
401–449 433 79 302.50–317.50 $311.14 $1,347
459 459 8 297.50 $297.50 $1,366 -8.50
508–545 531 53 275.00–297.00 $288.79 $1,533 +0.79
596 596 20 271.00 $271.00 $1,615
725 725 11 252.00 $252.00 $1,827

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
312–334 323 39 315.00–331.00 $323.77 $1,046 +2.87
373–395 391 128 310.00–336.00 $324.21 $1,268 +3.25
411–447 434 243 287.00–314.00 $299.11 $1,298 -19.34
458 fancy 458 26 303.00 $303.00 $1,388
452–499 472 214 272.50–293.00 $286.63 $1,353 -4.66
500–546 523 295 262.00–283.00 $274.76 $1,437 +11.84
583 583 41 283.00 $283.00 $1,650
572–587 584 98 258.00–270.00 $268.24 $1,567
605 605 11 252.00 $252.00 $1,525
707 707 20 240.00 $240.00 $1,697
797 797 40 234.00 $234.00 $1,865 -5.00
808 808 10 234.50 $234.50 $1,895
885 885 8 223.00 $223.00 $1,974 -10.50
926–948 934 21 224.00–224.50 $224.31 $2,095 -5.57
975 975 22 220.00 $220.00 $2,145 -5.40
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
392 392 4 295.00 $295.00 $1,156
417 417 16 277.50 $277.50 $1,157 -0.91
501–538 524 13 231.00–251.00 $238.36 $1,249
723 723 16 230.00 $230.00 $1,663
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1005 1005 5 224.00 $224.00 $2,251

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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.