Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, April 18, 2024

1,656 head sold ·Official USDA report

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

light 7-weight M&L 1 heifers $246.95/cwt -9.97 vs last sale · ≈ $1,834/hd at 743 lb · 146 head
heavy 5-weight M&L 1 steers $340.42/cwt -0.37 vs last sale · ≈ $1,974/hd at 580 lb · 143 head
heavy 6-weight M&L 1 steers $307.72/cwt +3.57 vs last sale · ≈ $2,105/hd at 684 lb · 132 head
HeadThis saleLast saleLast year
Total receipts 1,656 1,544 1,492
Feeder cattle 1,656 1,544 1,492

First reported sale in recent weeks so an accurate price trend can not be established. Good to very good demand for today's offering featuring a hand full of loads and many packages, including fall calves. Lots of light calves with the potential to go to grass and these type of cattle continue to be very sought after as grass time is only a few weeks away. Quality varied quite a bit today, especially on these light cattle. Flesh condition mostly moderate to moderate plus overall. A few consignments of replacement heifers available but not all going back to the country. An active market with quite a few buyers and some farmer feeders attending the sale. 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
374 374 13 397.50 $397.50 $1,487
418–422 419 15 362.50 $362.50 $1,519 +6.13
462–483 467 45 372.00–393.00 $387.50 $1,810 +31.72
509–535 521 79 343.00–367.00 $352.54 $1,837 +17.96
574–589 580 143 329.00–345.00 $340.42 $1,974 -0.37
614–646 629 65 298.00–308.00 $303.67 $1,910 -23.42
657–699 684 132 307.00–311.50 $307.72 $2,105 +3.57
756 756 19 256.00 $256.00 $1,935 -10.00
764 764 7 265.00 $265.00 $2,025 -1.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
477–493 485 19 350.00–361.00 $355.30 $1,723 +17.80
565–589 578 19 308.00–317.50 $313.10 $1,810
690 690 42 286.00 $286.00 $1,973 -1.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
416 416 7 325.00 $325.00 $1,352 +5.00
469–491 479 64 293.00–313.00 $306.48 $1,468 -19.52
506–534 523 85 300.00–312.00 $304.38 $1,592 +6.38
576–596 582 57 276.00–290.00 $285.12 $1,659 +4.10
589–590 590 16 264.00–268.00 $266.75 $1,574 -14.27
606–617 614 17 273.00–288.00 $284.52 $1,747 +4.62
653–677 664 114 260.00–275.00 $269.74 $1,791 +7.64
726 726 4 232.00 $232.00 $1,684 -24.92
741–746 743 142 244.00–250.00 $247.37 $1,838 -9.55
777 777 15 238.00 $238.00 $1,849 +18.00
785 785 10 228.00 $228.00 $1,790 +8.00
803 803 71 213.75 $213.75 $1,716 -25.36
868 868 68 235.50 $235.50 $2,044
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
522 522 5 271.00 $271.00 $1,415
654 654 7 251.00 $251.00 $1,642
689 689 60 229.00 $229.00 $1,578

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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.