Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, March 28, 2024

1,544 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 $304.15/cwt +10.97 vs last sale · ≈ $2,065/hd at 679 lb · 156 head
heavy 5-weight M&L 1 steers $340.79/cwt +11.77 vs last sale · ≈ $1,987/hd at 583 lb · 139 head
heavy 5-weight M&L 1 heifers $291.77/cwt +9.72 vs last sale · ≈ $1,658/hd at 568 lb · 138 head
HeadThis saleLast saleLast year
Total receipts 1,544 1,577 1,200
Feeder cattle 1,544 1,577 1,200

First reported sale in recent weeks so an accurate price trend can not be established. Good to very good demand for this light offering of many packages and a couple loads. Quite a few cattle suitable for grass programs or backgrounding, these cattle continue to see the best demand, especially those sold in loads. Quality varied quite a bit, especially in packages. Flesh mostly moderate to moderate plus except for one consignment of finishing type cattle in heavy flesh. Cattle are clean as the weather has been mostly dry, the area received less snow this past week than expected. 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
408–412 410 13 352.50–362.50 $356.37 $1,461 -11.54
482–494 485 74 355.00–358.00 $355.78 $1,726 -2.22
512–517 516 61 322.50–338.00 $334.58 $1,726 -3.14
577–598 583 139 325.00–345.00 $340.79 $1,987 +11.77
604–611 608 118 324.00–330.00 $327.09 $1,989 +18.38
676–682 679 156 300.75–307.50 $304.15 $2,065 +10.97
746 746 23 271.50 $271.50 $2,025
764 764 10 266.00 $266.00 $2,032 +3.10
818 818 8 230.00 $230.00 $1,881
824–831 828 20 242.50–253.00 $247.73 $2,051
883 883 8 217.50 $217.50 $1,921
958 958 60 227.00 $227.00 $2,175
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410 410 5 337.50 $337.50 $1,384 -8.17
468 468 5 337.50 $337.50 $1,580
632 632 24 297.00 $297.00 $1,877
670 670 8 287.00 $287.00 $1,923 +10.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
424 424 5 320.00 $320.00 $1,357 +3.11
480 480 29 326.00 $326.00 $1,565 +17.31
500 500 8 298.00 $298.00 $1,490 +16.34
550 thin fleshed 550 66 303.50 $303.50 $1,669
579–597 585 72 274.00–284.00 $281.02 $1,644 -1.03
619–630 625 23 273.50–287.00 $279.90 $1,749 -0.42
672–698 682 58 257.50–267.00 $262.10 $1,788 +20.10
704–721 709 103 254.00–258.50 $256.92 $1,822 +9.86
754–785 771 30 223.00–237.50 $228.53 $1,762 -26.97
774 774 25 220.00 $220.00 $1,703 -35.50
803–810 804 50 229.00–240.00 $239.11 $1,922 +14.28
900 900 39 218.75 $218.75 $1,969
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
453–494 488 49 279.00–299.00 $289.05 $1,411
588 588 6 273.00 $273.00 $1,605
639 639 4 260.00 $260.00 $1,661

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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.