Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, October 3, 2024

1,006 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $309.75/cwt ≈ $1,632/hd at 527 lb · 127 head
light 8-weight M&L 1 heifers $243.94/cwt +11.12 vs last sale · ≈ $1,981/hd at 812 lb · 102 head
heavy 4-weight M&L 1 heifers $278.16/cwt ≈ $1,313/hd at 472 lb · 92 head
HeadThis saleLast saleLast year
Total receipts 1,006 3,687 1,279
Feeder cattle 1,006 3,687 1,279

Too few yearlings today to compare to two weeks ago and develop an accurate price trend. Moderate to good demand for yearling cattle today. Most of the yearlings were tested open heifers selling in packages, one short string of spayed heifers available. All yearlings were off grass and flesh was mostly light to moderate with some fill on the cattle at times. Quality varied. Today was the first test on spring born calves and these were met with moderate demand. All came off the cow and the majority were vaccinated with two full rounds, those without shots saw very light demand. Calves were mostly attractive in quality and flesh was light to moderate. A moderate to active market today with a few less buyers attending. Most cattle feeders are not quite ready to take on bawling calves. Dusty conditions and fluctuating temperatures are just a couple of concerns for weaning calves right now. Harvest is in full swing with beans coming off quickly and corn looking to follow right along. Dry and mild weather is expected to continue with no frost in sight for the next two weeks. Next feeder cattle sale is Thursday, October 10 featuring both yearlings and calves.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
358 358 21 362.50–374.00 $371.81 $1,331
408–442 433 61 332.00–343.00 $334.72 $1,449
454–477 469 77 320.00–326.00 $322.54 $1,513
514–548 527 127 303.50–317.00 $309.75 $1,632
565 565 52 310.00 $310.00 $1,752
639 639 5 275.00 $275.00 $1,757 -9.37
671–695 683 10 259.00–270.00 $264.40 $1,806 -12.60
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
479 479 5 297.50 $297.50 $1,425
605 605 4 258.00 $258.00 $1,561

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
339 339 14 341.00 $341.00 $1,156
353–395 390 55 307.00–310.00 $307.35 $1,199
411 411 10 305.00 $305.00 $1,254
465–496 472 92 270.00–280.00 $278.16 $1,313
528–530 528 48 256.00–275.00 $271.43 $1,433
555–567 558 36 264.00 $264.00 $1,473
650–674 661 9 232.00–241.00 $236.92 $1,566 -25.41
720–722 721 68 257.50–258.75 $258.35 $1,863 -0.36
753–760 756 15 243.50–246.50 $244.71 $1,850 +3.30
806–842 812 102 230.00–246.25 $243.94 $1,981 +19.44
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1095 1095 24 220.25 $220.25 $2,412

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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.