Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, August 29, 2024

1,228 head sold ·Official USDA report

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

light 9-weight M&L 1 heifers $226.62/cwt ≈ $2,090/hd at 922 lb · 210 head
heavy 9-weight M&L 1 steers $237.11/cwt -1.42 vs last sale · ≈ $2,321/hd at 979 lb · 195 head
light 9-weight M&L 1 steers $237.02/cwt -3.48 vs last sale · ≈ $2,228/hd at 940 lb · 141 head
HeadThis saleLast saleLast year
Total receipts 1,228 893 2,626
Feeder cattle 1,228 893 2,626

Last reported sale was three weeks ago so an accurate price trend can not be established. A few loads and many packages made up today's yearling offering including many packages of tested open heifers. Loads were met with good to very good demand, moderate to good demand for packages. Almost the entire offering came off grass, flesh mostly light to moderate with some fill on the cattle at times. Quality varied, but mostly average to attractive. A moderate to active market for this offering with most of the normal buyers in the seats. 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
663–698 686 18 266.00–280.50 $275.83 $1,892
730–731 730 16 278.00–280.00 $278.50 $2,033 -5.50
770–771 771 15 255.00–262.00 $257.33 $1,984 -23.67
841–846 843 63 252.50–257.75 $256.00 $2,158
854–885 865 25 243.00–250.50 $247.74 $2,143 -1.66
933–946 940 141 228.00–239.75 $237.02 $2,228 -3.48
957–987 979 195 223.50–238.00 $237.11 $2,321 -1.42
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
640 640 12 282.00 $282.00 $1,805
736 736 20 262.00 $262.00 $1,928
896 896 21 236.00 $236.00 $2,115
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1007 1007 10 225.50 $225.50 $2,271

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
648 648 7 252.00 $252.00 $1,633
664–699 680 34 249.00–262.50 $255.97 $1,741 -13.20
745 745 31 250.00 $250.00 $1,862 -4.82
821–844 833 57 223.00–236.50 $231.83 $1,931 -7.47
857–891 875 55 221.00–231.50 $227.34 $1,989
908–921 913 79 217.00–225.50 $224.34 $2,048
923–933 928 131 228.00 $228.00 $2,116
951–972 957 51 215.00–224.00 $222.61 $2,130
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1024–1030 1026 37 216.00–220.00 $218.91 $2,246
1025–1026 1026 120 223.00 $223.00 $2,288

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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.