Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, March 7, 2024

1,577 head sold ·Official USDA report

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

heavy 5-weight M&L 1 heifers $282.05/cwt -5.31 vs last sale · ≈ $1,627/hd at 577 lb · 168 head
heavy 6-weight M&L 1 heifers $259.81/cwt +1.41 vs last sale · ≈ $1,745/hd at 671 lb · 157 head
light 6-weight M&L 1 steers $307.40/cwt -3.53 vs last sale · ≈ $1,922/hd at 625 lb · 138 head
HeadThis saleLast saleLast year
Total receipts 1,577 4,925 2,034
Feeder cattle 1,577 4,925 2,034

Compared to two weeks ago: best test on steers 650 to 699 lbs and heifers 650 to 699 lbs 3.00 to 4.00 higher with other weight classes not well compared. Good demand for this lighter offering made up of many packages and a handful of loads. Most of the cattle were home raised and in light to moderate flesh with some fill seen at times. Quality varied, especially on packages. Many producers are getting ready to calve and cleaning out any cattle held over to make room. A moderate to active market with a few less buyers and farmer feeders attending the sale today. The weather has stayed mostly dry and warm for this time of year making it easy to keep cattle in good condition. 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
435–441 438 19 361.00–373.00 $367.91 $1,611
487 487 40 358.00 $358.00 $1,743 +14.62
505–549 531 74 322.00–345.00 $337.72 $1,793 +10.89
556–587 575 94 318.00–333.00 $329.02 $1,892 +9.70
602–635 625 126 300.00–320.00 $308.71 $1,929 -2.22
603–646 628 12 291.00–297.50 $293.60 $1,844 -17.33
653–699 683 122 285.50–310.00 $293.18 $2,002 -3.66
707 707 10 263.00 $263.00 $1,859 +25.00
750–797 764 80 250.50–269.50 $262.90 $2,009 +7.34
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
422–446 431 26 337.50–355.00 $345.67 $1,490
515 515 4 307.00 $307.00 $1,581 +17.00
587 587 11 303.00 $303.00 $1,779 +7.13
679 679 77 277.00 $277.00 $1,881

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425–444 433 25 315.00–320.00 $316.89 $1,372 -2.66
489–497 492 78 306.50–313.00 $308.69 $1,519 +7.22
503–540 524 35 272.00–288.00 $281.66 $1,476 -13.55
550–591 577 168 267.00–285.00 $282.05 $1,627 -5.31
609–613 612 42 271.00–282.50 $280.32 $1,716 +11.54
654–695 671 151 247.00–268.50 $260.52 $1,748 +1.10
684 684 6 242.00 $242.00 $1,655 -17.42
722–742 733 69 240.00–253.00 $247.06 $1,811 -3.07
781 781 36 255.50 $255.50 $1,995 +24.30
762–799 785 39 220.50–232.00 $227.85 $1,789 -3.35
827–842 839 28 213.00–228.00 $224.83 $1,886 -7.43

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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.