Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, August 8, 2024

893 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $238.53/cwt +2.86 vs last sale · ≈ $2,314/hd at 970 lb · 174 head
heavy 8-weight M&L 1 steers $249.40/cwt -12.85 vs last sale · ≈ $2,140/hd at 858 lb · 150 head
light 8-weight M&L 1 heifers $239.30/cwt ≈ $1,974/hd at 825 lb · 122 head
HeadThis saleLast saleLast year
Total receipts 893 857 2,548
Feeder cattle 893 857 2,548

This is the first reported sale in recent months, no price trend is available. A light yearling offering for today with the majority of the cattle coming from two consignors and selling in load lots. A few packages rounded out the rest of the offering. Good demand for loads, moderate to good for packages. Flesh mostly light to moderate with all the cattle coming off grass. Quality varied, from plain to attractive. A moderate to active market seen for this offering with the uncertainty of the futures market the last week putting some pressure on the market. The weather is much cooler this week but the heat the last two weeks have most of the area hoping for some rain. 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
739 739 10 284.00 $284.00 $2,099
768 768 43 281.00 $281.00 $2,158
804 804 5 254.00 $254.00 $2,042
857–867 858 150 245.00–253.00 $249.40 $2,140 -12.85
908 908 8 240.50 $240.50 $2,184
957–983 970 174 236.50–242.00 $238.53 $2,314 +2.86
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1045–1049 1047 120 226.50 $226.50 $2,371
1050 1050 60 226.50 $226.50 $2,378

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
671 671 59 263.00–270.00 $269.17 $1,806 +11.17
706–742 715 19 245.00–258.50 $254.82 $1,822
776 776 9 248.00 $248.00 $1,924
804–846 825 122 236.50–242.25 $239.30 $1,974

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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.