Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, October 26, 2023

5,669 head sold ·Official USDA report

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

light 5-weight M&L 1 heifers $278.93/cwt -10.52 vs last sale · ≈ $1,476/hd at 529 lb · 815 head
heavy 5-weight M&L 1 steers $292.46/cwt -14.86 vs last sale · ≈ $1,685/hd at 576 lb · 776 head
light 5-weight M&L 1 steers $300.94/cwt -18.17 vs last sale · ≈ $1,583/hd at 526 lb · 738 head
HeadThis saleLast saleLast year
Total receipts 5,669 6,122 6,667
Feeder cattle 5,669 6,122 6,667

Compared to last week: steer calves 400 to 549 lbs 20.00 to 22.00 lower, 550 to 649 lbs 10.00 to 13.00 lower. Heifer calves 350 to 499 lbs 13.00 to 16.00 lower, 500 to 599 lbs 5.00 to 8.00 lower. A large calf offering today featuring many packages and quite a few loads including several reputation ranches. Moderate to good demand with best demand seen for those reputation outfits, especially those with load lots. Many attractive calves to choose from, all coming off the cow in mostly light to moderate flesh. Like last week, price spreads are due to shot records and hide color. The first winter weather of the season has arrived, rain and snow depending on location, with colder temperatures to follow. This bout of weather, coupled with the boards' bad behavior this past week, has really put a damper on the calf market. A nice crowd of buyers and farmer feeders in the seats today, market activity moderate to active. Two feeder cattle sales next week: first one on Tuesday, October 31, expecting 3500 head, and regular feeder cattle sale on Thursday, November 2, expecting 7500 head.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
362–388 375 104 350.00–380.00 $362.33 $1,359 +14.51
421–448 438 249 320.00–351.00 $336.26 $1,473 -32.79
452–475 fancy 460 110 337.00–346.00 $341.22 $1,570 -19.78
462–499 488 536 307.00–329.00 $318.77 $1,556 -16.64
500–542 526 738 289.00–310.50 $300.94 $1,583 -18.17
556–593 576 776 283.00–302.00 $292.46 $1,685 -14.86
601–641 617 439 268.00–290.00 $283.59 $1,750 -8.95
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
342 342 8 342.00 $342.00 $1,170 +13.93
355–378 364 33 340.00–347.50 $344.84 $1,255 +9.01
439–442 441 16 302.00–316.00 $310.77 $1,370 +24.77
489–498 496 28 275.00–284.00 $276.58 $1,372 -44.95
581–598 594 89 267.00–276.00 $271.58 $1,613

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–347 334 39 275.00–295.00 $291.59 $974 -26.56
352–396 374 128 292.00–315.00 $299.58 $1,120 -27.00
410–445 433 328 282.00–307.00 $290.63 $1,258 -19.99
450–493 472 545 270.00–291.00 $282.47 $1,333 -9.43
519–533 526 175 291.50–293.50 $292.52 $1,539 -5.73
507–545 530 640 270.00–287.50 $275.21 $1,459 -23.04
551–594 562 213 262.00–274.00 $268.46 $1,509 -7.05
603–629 617 30 261.00–266.00 $263.72 $1,627 +12.54
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
369 369 6 277.50 $277.50 $1,024 -21.15
440 440 5 242.50 $242.50 $1,067 -52.64
473–492 485 23 242.00–249.00 $246.33 $1,195 -28.67
524–538 531 31 241.00–264.00 $252.72 $1,342

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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.