Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, November 2, 2023

7,070 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 $282.26/cwt +3.34 vs last sale · ≈ $1,488/hd at 527 lb · 961 head
light 5-weight M&L 1 steers $309.43/cwt +8.49 vs last sale · ≈ $1,645/hd at 531 lb · 906 head
heavy 5-weight M&L 1 steers $300.57/cwt +8.11 vs last sale · ≈ $1,701/hd at 566 lb · 874 head
HeadThis saleLast saleLast year
Total receipts 7,070 5,669 5,728
Feeder cattle 7,070 5,669 5,728

Compared to Tuesday: best test on steers 450 to 599 lbs 2.00 to 5.00 higher. Best test on heifers 450 to 499 lbs 10.00 to 14.00 higher, 500 to 549 mostly steady. Good to very good demand for today's large calf offering. Many loads and packages of home raised calves all coming off the cow, flesh condition an attractive light to moderate. Demand was still influenced by hide color and shot records, more of today's offering had complete vaccination records. Quality was mostly average to attractive. Many buyers, farmer feeders, and a few bull breeders in the seats, and with the board up over 4.00 on feeder cattle this made for an active market. Temperatures have warmed up and producers are busy in the fields trying to complete harvest. Next feeder cattle sale is Thursday, November 9.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
309 309 10 400.00 $400.00 $1,236
360–394 374 137 340.00–361.00 $352.46 $1,318 -9.87
429 fancy 429 39 377.00 $377.00 $1,617
411–445 431 128 335.00–362.50 $354.36 $1,527 +18.10
459–460 fancy 460 63 357.00–366.00 $361.58 $1,663 +20.36
457–493 472 523 324.00–350.00 $334.98 $1,581 +16.21
517 fancy 517 87 328.00 $328.00 $1,696
500–549 533 819 292.50–322.50 $307.46 $1,639 +6.52
552–593 566 874 291.00–309.00 $300.57 $1,701 +8.11
600–645 620 671 278.00–297.00 $289.49 $1,795 +5.90
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–334 330 15 294.00–310.00 $298.13 $984 -43.87
356–386 371 60 330.00–332.50 $331.19 $1,229 -13.65
401–447 428 86 322.00–346.00 $337.89 $1,446 +27.12
466–489 481 28 274.00–275.00 $274.35 $1,320 -2.23
479–495 489 80 302.50–316.00 $312.53 $1,528 +35.95
523–542 533 97 267.50–288.00 $284.22 $1,515
573–599 585 86 269.00–287.00 $282.35 $1,652 +10.77

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
316–347 335 29 302.50–317.00 $309.00 $1,035 +17.41
357–362 fancy 359 34 334.00–337.00 $335.93 $1,206
351–398 376 80 305.00–314.00 $309.40 $1,163 +9.82
426 fancy 426 36 330.00 $330.00 $1,406
405–446 427 378 279.00–302.50 $289.96 $1,238 -0.67
450–494 472 523 283.50–307.00 $291.74 $1,377 +9.27
506–547 527 844 268.00–286.00 $279.67 $1,474 -12.85
521–547 529 117 300.50–302.00 $300.96 $1,592 +25.75
552–582 573 223 259.00–288.00 $283.11 $1,622 +14.65
601–612 607 107 251.00–266.00 $257.38 $1,562 -6.34
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
308 308 10 290.00 $290.00 $893
365–396 386 39 290.00–292.00 $290.53 $1,121 +13.03
410–438 434 30 275.00–276.00 $275.13 $1,194 +32.63
475–482 477 49 272.00–277.50 $275.69 $1,315 +29.36
533 533 24 262.00 $262.00 $1,396 +9.28
570–589 580 37 250.00–251.00 $250.52 $1,453

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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.