Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, January 11, 2024

1,033 head sold ·Official USDA report

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

heavy 6-weight M&L 1 steers $275.06/cwt +27.06 vs last sale · ≈ $1,818/hd at 661 lb · 204 head
light 7-weight M&L 1 steers $252.00/cwt +24.09 vs last sale · ≈ $1,862/hd at 739 lb · 74 head
heavy 8-weight M&L 1 steers $217.00/cwt ≈ $1,888/hd at 870 lb · 63 head
HeadThis saleLast saleLast year
Total receipts 1,033 4,316 2,990
Feeder cattle 1,033 4,316 2,990

First reported sale in recent weeks so a price trend can not be established. Moderate to good demand for a light offering today featuring a couple of loads and packages. Quality varied quite a bit, from plain to attractive. The majority of the calves were weaned and in moderate to moderate plus flesh condition. A moderate to active market with most activity on loads. less buyers attending the sale than normally seen. Very cold temperatures and windchill today with these conditions continuing through the weekend. Next feeder cattle sale is Thursday, January 18 featuring Red and Black Angus Replacement heifers.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
469 469 11 312.50 $312.50 $1,466 -6.61
511–524 522 50 290.00–307.00 $303.17 $1,583 +4.32
562–565 564 18 288.00–293.00 $290.51 $1,638 +8.85
603 603 36 292.00 $292.00 $1,761 +29.47
655–670 661 204 264.00–279.75 $275.06 $1,818 +27.06
739 739 74 252.00 $252.00 $1,862 +24.09
870 870 63 217.00 $217.00 $1,888
983 983 55 216.00 $216.00 $2,123
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
587 587 16 270.00 $270.00 $1,585 +17.00
671–676 673 24 246.00–253.00 $248.34 $1,671
800 800 13 211.00 $211.00 $1,688
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
746 746 4 217.50 $217.50 $1,623

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
459–494 475 26 254.00–270.00 $261.52 $1,242 -14.93
507–541 518 61 260.00–286.00 $273.04 $1,414 +19.57
562–580 576 48 259.00–266.00 $264.58 $1,524 +19.55
613 613 28 249.00 $249.00 $1,526 +18.14
674 674 4 227.00 $227.00 $1,530 +6.00
731 731 32 208.00 $208.00 $1,520
830 830 42 187.00 $187.00 $1,552
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
561–579 566 23 221.00–237.00 $225.98 $1,279
690–698 694 22 202.00–212.00 $207.48 $1,440

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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.