Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, December 7, 2023

4,316 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 $298.18/cwt -15.29 vs last sale · ≈ $1,546/hd at 518 lb · 478 head
light 6-weight M&L 1 steers $262.53/cwt -0.35 vs last sale · ≈ $1,628/hd at 620 lb · 469 head
heavy 5-weight M&L 1 steers $281.66/cwt -6.13 vs last sale · ≈ $1,622/hd at 576 lb · 372 head
HeadThis saleLast saleLast year
Total receipts 4,316 2,889 3,585
Feeder cattle 4,316 2,889 3,585

Compared to last week: steers 450 to 649 lbs 5.00 to 9.00 lower. Heifers 450 to 599 lbs mostly steady with instances up to 10.00 lower on 500 to 549 lbs. Moderate to good demand for calves today. A handful of loads and many packages made up the offering, with the majority still coming off the cow. Varied shot records again this week and these, along with hide color and days weaned, some calves weaned just 30 days, cause discrimination. Flesh condition mostly light to moderate but some fill seen on the calves at times. A moderate market with a lower board again today. All the optimism of the early fall has evaporated leaving a cloud of uncertainty as the board continues to drop. The area is enjoying exceptional weather, warm and mild, which is great for feeding and weaning and finishing fall work but is being dampened by the disappointing markets. Few feeders expected next week making this the last feeder cattle sale of 2023. Watch local listings for the first feeder cattle sale of 2024. Merry Christmas and Happy New Year!

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370–393 380 123 310.00–332.50 $330.72 $1,257 -16.59
413–449 441 94 302.50–326.50 $319.74 $1,410 -23.59
450–497 473 244 300.50–328.00 $319.11 $1,509 -5.80
504–543 518 461 291.00–309.00 $298.85 $1,548 -14.62
531 531 17 280.00 $280.00 $1,487 -33.47
550–595 576 372 274.00–290.00 $281.66 $1,622 -6.13
602–641 620 469 248.00–266.50 $262.53 $1,628 -0.35
680–682 681 171 248.00 $248.00 $1,689 -10.71
705–716 713 108 220.00–230.25 $227.91 $1,625 -27.33
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
354 354 21 270.00 $270.00 $956
403–418 409 13 257.00–260.00 $258.18 $1,056 -56.82
466–496 480 51 257.00–275.00 $264.31 $1,269 -42.92
507–548 522 55 261.00–275.00 $270.72 $1,413 +1.13
574–595 580 59 261.00–267.00 $265.23 $1,538 -0.10
555–598 587 46 253.00 $253.00 $1,485 -12.33

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
333–343 339 27 265.00–275.00 $270.63 $917 -47.37
377 thin fleshed 377 29 298.00 $298.00 $1,123
428–436 432 68 261.00–280.00 $276.93 $1,196 -20.96
439 thin fleshed 439 121 303.50 $303.50 $1,332
452–496 475 270 264.00–287.50 $276.45 $1,313 -4.84
477 477 36 257.00 $257.00 $1,226 -24.29
504 504 116 297.00 $297.00 $1,497 +30.78
501–542 525 142 246.00–260.00 $253.47 $1,331 -12.75
534 534 8 237.00 $237.00 $1,266 -29.22
553–582 560 238 231.00–250.75 $245.03 $1,372 -2.49
603–649 637 204 218.00–232.00 $230.86 $1,471 +4.36
642 642 12 209.00 $209.00 $1,342 -17.50
650 650 88 221.00 $221.00 $1,436 -3.39
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
379–395 388 17 247.00–250.00 $248.21 $963
454–469 464 32 232.00–247.50 $237.22 $1,101
521–549 539 70 218.00–228.00 $222.82 $1,201 -19.06

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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.