Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, November 9, 2023

5,331 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 $308.11/cwt -1.32 vs last sale · ≈ $1,589/hd at 516 lb · 672 head
heavy 4-weight M&L 1 heifers $283.44/cwt -8.30 vs last sale · ≈ $1,369/hd at 483 lb · 535 head
heavy 4-weight M&L 1 steers $335.76/cwt -2.08 vs last sale · ≈ $1,577/hd at 470 lb · 495 head
HeadThis saleLast saleLast year
Total receipts 5,331 7,070 5,728
Feeder cattle 5,331 7,070 5,728

Compared to last week: steer calves 400 to 449 lbs and 500 to 549 lbs mostly steady, 450 to 499 lbs and 550 to 650 lbs 10.00 to 12.00 lower. Heifer calves 400 to 599 lbs 7.00 to 10.00 lower with instances up to 15.00 lower on 450 to 549 lbs. Moderate good demand for calves today. A large offering with many packages and quite a few loads of home raised calves all coming off the cow, most in light to moderate flesh. Less colored hides than last week but preconditioning varied again and calves without good spring and fall shots see discounts resulting in wide price spreads. Quality varied, but mostly average to attractive with some calves showing a little weather stress. A moderate to active market. A tough day on the futures for both live and feeder cattle with losses anywhere from 5.00 to over 7.00. Any confidence buyers had in the market is quickly eroding as the last couple weeks have been so uncertain. Many producers are still pushing through harvest which is continually slowed down by foggy and damp weather. Next feeder cattle sale is Thursday, November 16.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
347 347 10 347.50 $347.50 $1,206
362–383 372 122 335.00–364.00 $354.40 $1,318 +1.94
400–436 417 209 332.00–362.50 $350.82 $1,463 -3.54
426 426 9 327.50 $327.50 $1,395 -26.86
452 fancy 452 133 364.00 $364.00 $1,645 +2.42
450–498 476 362 312.50–341.00 $325.38 $1,549 -9.60
504–510 fancy 509 264 322.00–329.00 $325.81 $1,658 -2.19
500–549 520 408 279.00–311.00 $296.66 $1,543 -10.80
551–597 579 472 261.00–287.00 $276.04 $1,598 -24.53
603–630 614 436 266.00–286.50 $276.92 $1,700 -12.57
659 659 13 260.00 $260.00 $1,713
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
344 344 6 280.00 $280.00 $963 -18.13
363–396 380 33 270.00–282.00 $275.56 $1,047 -55.63
416–441 429 17 312.50 $312.50 $1,341 -25.39
458 458 8 305.00 $305.00 $1,397 +30.65
457–474 470 37 252.50–253.00 $252.88 $1,189 -21.47
522–549 536 99 265.00–274.50 $271.11 $1,453 -13.11
556–567 563 49 241.00–245.00 $243.55 $1,371 -38.80
602–638 631 29 234.00–255.00 $250.85 $1,583

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
343 343 54 300.00 $300.00 $1,029 -9.00
358–389 380 97 272.00–292.00 $277.52 $1,055 -31.88
403–441 420 161 270.00–295.00 $278.90 $1,171 -11.06
429 fancy 429 125 314.00 $314.00 $1,347 -16.00
456–493 482 425 265.00–291.00 $277.86 $1,339 -13.88
487 fancy 487 110 305.00 $305.00 $1,485
506–538 524 247 248.00–268.00 $262.94 $1,378 -16.73
560 560 106 287.00 $287.00 $1,607 +3.89
554–572 566 140 257.00–277.00 $263.91 $1,494 -19.20
600–631 606 84 225.00–236.50 $234.22 $1,419 -23.16
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
298 298 4 277.50 $277.50 $827
300–341 322 25 262.50–270.00 $266.66 $859 -23.34
390 390 6 266.00 $266.00 $1,037 -24.53
409–418 414 28 250.00–257.00 $253.46 $1,049 -21.67
451–497 470 66 231.00–259.00 $237.33 $1,115 -38.36
541–549 547 51 236.00–237.00 $236.77 $1,295 -25.23
565–584 579 62 228.00–245.00 $233.09 $1,350 -17.43

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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.