Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, May 2, 2024

857 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 $262.25/cwt +4.24 vs last sale · ≈ $2,247/hd at 857 lb · 204 head
light 8-weight M&L 1 steers $262.25/cwt ≈ $2,224/hd at 848 lb · 198 head
heavy 9-weight M&L 1 steers $235.67/cwt -5.33 vs last sale · ≈ $2,246/hd at 953 lb · 190 head
HeadThis saleLast saleLast year
Total receipts 857 1,440 2,548
Feeder cattle 857 1,440 2,548

Compared to last week: steers 850 to 899 lbs 3.00 to 4.00 higher, 900 to 999 lbs 5.00 to 10.00 lower. Today's offering consisted almost entirely of a string of backgrounded steers from one family operation. Flesh and quality the same as last week as this was the same family and the steers were treated in the same manner. An active market with a few less buyers than normal attending the sale. At this time the live and feeder cattle futures are positive after losses the last few days. 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
648 648 9 303.00 $303.00 $1,963
698 698 6 273.00 $273.00 $1,906
847–848 848 198 262.25 $262.25 $2,224
854–860 857 204 262.25 $262.25 $2,247 +4.24
939–949 945 189 236.00–238.75 $237.83 $2,247 -13.15
950–958 953 190 235.50–236.00 $235.67 $2,246 -5.33

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
673 673 13 258.00 $258.00 $1,736

↑ Back to top

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.