Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, October 19, 2023

6,122 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 $319.11/cwt +2.33 vs last sale · ≈ $1,675/hd at 525 lb · 830 head
heavy 5-weight M&L 1 steers $307.32/cwt +6.30 vs last sale · ≈ $1,782/hd at 580 lb · 796 head
heavy 4-weight M&L 1 heifers $304.73/cwt +16.33 vs last sale · ≈ $1,426/hd at 468 lb · 548 head
HeadThis saleLast saleLast year
Total receipts 6,122 3,575 5,789
Feeder cattle 6,122 3,575 5,789

Compared to last week: steer calves 400 to 499 lbs 7.00 to 10.00 higher, 500 to 549 lbs and 600 to 649 lbs mostly steady, 550 to 599 lbs 4.00 to 7.00 higher. Heifer calves 400 to 449 lbs and 500 to 549 lbs 6.00 to 10.00 higher, 450 to 499 lbs mostly steady. Good to very good demand for this large calf offering. A handful of loads and many, many packages offered, all off the cow. Prices varied again this week depending on hide color and preconditioning with calves with no shots or just a 7 way shot seeing the steepest discounts. Many attractive quality calves to choose from, flesh condition mostly light. An active market despite a rough day on live and feeder cattle futures with bull breeders, buyers, and farmer feeders in the seats. Mild weather so far this week helping to dry out yards and keep harvest moving along, some areas saw heavy rain at the end of last week. Two feeder cattle sales next week: Tuesday, October 24 featuring Red Angus calves and regular feeder cattle sale Thursday, October 26.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–331 315 18 350.00–355.00 $352.96 $1,112 -12.04
371 fancy 371 7 369.00 $369.00 $1,369
357–394 379 120 340.00–358.00 $347.82 $1,318 -9.29
408–444 427 234 357.50–374.00 $369.05 $1,576 +28.90
473 fancy 473 26 361.00 $361.00 $1,708
450–499 488 474 328.00–356.00 $335.41 $1,637 +5.04
502–547 525 830 309.00–332.00 $319.11 $1,675 +2.33
552–599 580 796 293.00–315.50 $307.32 $1,782 +6.30
601–645 615 339 283.00–302.00 $292.54 $1,799 -0.48
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
338 338 22 325.00–332.50 $328.07 $1,109 +5.57
355–384 360 32 327.50–337.50 $335.83 $1,209 +20.83
412–446 428 141 325.00–346.00 $332.95 $1,425 +21.81
438 438 21 286.00 $286.00 $1,253 -25.14
457–495 486 69 310.00–324.00 $321.53 $1,563 +24.03
500–537 526 53 306.00–307.50 $306.50 $1,612 +17.71

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
328–347 332 35 312.50–322.50 $318.15 $1,056 -5.62
368–388 377 153 316.00–334.00 $326.58 $1,231 +2.37
402–446 425 319 302.00–323.00 $310.62 $1,320 +11.51
452–470 455 278 311.00–318.00 $317.19 $1,443 +30.56
456–498 481 270 280.00–303.00 $291.90 $1,404 +5.27
504–531 518 289 270.00–289.00 $283.32 $1,468 +8.56
522–527 525 201 298.25 $298.25 $1,566 +23.49
551 551 33 301.00 $301.00 $1,659 +18.00
550–597 572 178 261.00–282.00 $275.51 $1,576 -7.49
600–611 602 73 251.00–252.00 $251.18 $1,512 -0.82
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
302–333 316 11 275.00–297.50 $286.73 $906
386–398 393 56 290.00–305.00 $298.65 $1,174 +3.65
403–442 424 62 287.00–300.00 $295.14 $1,251 +17.64
496 496 17 275.00 $275.00 $1,364

↑ Back to top

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.