Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, February 22, 2024

4,925 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $241.74/cwt +1.24 vs last sale · ≈ $2,103/hd at 870 lb · 532 head
light 8-weight M&L 1 steers $247.77/cwt +2.09 vs last sale · ≈ $2,019/hd at 815 lb · 478 head
heavy 7-weight M&L 1 steers $254.55/cwt +6.06 vs last sale · ≈ $1,955/hd at 768 lb · 469 head
HeadThis saleLast saleLast year
Total receipts 4,925 4,540 3,816
Feeder cattle 4,925 4,540 3,816

Compared to two weeks ago: best test on steers 650 to 699 lbs and 750 to 799 lbs 2.00 to 4.00 higher. Best test on heifers 550 to 699 lbs 1.00 to 4.00 higher. A large offering today featuring many loads and packages as well as a few multiple loads of both home raised and backgrounded cattle. Finishing type cattle see mostly good demand, while lighter cattle with more options see very good demand. Quality varied most on packages, with many producers cleaning out pens for calving, however, there were also many attractive cattle to choose from. Flesh condition ranged from light to some heavy flesh at times, some mud this week but lots of clean hides as pen conditions continue to improve. An active market with most of the normal buyers attending. Watch local listings for the next feeder cattle sale.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
477–497 488 47 340.00–346.00 $343.38 $1,676 +3.03
501–534 515 77 317.50–334.00 $326.83 $1,683 -2.04
561–597 577 163 308.00–333.00 $319.32 $1,842 +7.02
604–624 611 186 296.00–319.00 $310.93 $1,900 +23.58
665 665 9 283.00 $283.00 $1,882 -12.80
655–692 673 355 290.00–306.50 $296.84 $1,998 +1.04
719 719 20 238.00 $238.00 $1,711 -26.14
714–749 739 281 256.00–277.50 $263.00 $1,944 -1.14
752–799 767 442 245.00–259.00 $255.56 $1,960 +6.40
786 786 27 238.00 $238.00 $1,871 +3.00
801–838 815 478 238.00–251.00 $247.77 $2,019 +2.09
852–899 870 532 239.50–242.75 $241.74 $2,103 +1.24
901–931 916 250 238.50–241.50 $240.37 $2,202
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 455 9 322.50 $322.50 $1,467
539 539 8 290.00 $290.00 $1,563 -8.91
579–598 595 28 295.00–300.00 $295.87 $1,760 -2.13
635–647 641 62 277.00–286.00 $284.15 $1,821 +9.56

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365 365 4 340.00 $340.00 $1,241
419–446 438 38 319.00–321.00 $319.55 $1,400 +13.61
460–499 481 94 292.00–307.00 $301.47 $1,450 +3.70
510–543 528 98 287.00–300.00 $295.21 $1,559 +20.23
551–585 571 263 279.00–298.00 $287.36 $1,641 +8.39
602–647 622 141 262.00–273.50 $268.78 $1,672 +4.41
623 623 15 254.00 $254.00 $1,582 -10.37
658 658 12 223.00 $223.00 $1,467 -30.69
650–697 678 418 249.50–264.50 $259.42 $1,759 +5.73
723 723 48 276.00 $276.00 $1,995 +11.00
710–746 724 59 241.50–252.00 $250.13 $1,811 +12.09
751–798 767 42 226.50–236.00 $231.20 $1,773 -0.89
814–849 838 59 229.00–240.00 $232.26 $1,946 +8.26
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
391 391 21 320.00 $320.00 $1,251
477 477 7 272.50 $272.50 $1,300 -9.21
501–548 522 61 264.00–282.50 $276.26 $1,442
577–585 581 27 262.50–264.00 $263.28 $1,530 +31.28

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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.