Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, October 10, 2024

3,451 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $252.78/cwt ≈ $2,323/hd at 919 lb · 372 head
light 8-weight M&L 1 steers $272.55/cwt ≈ $2,210/hd at 811 lb · 349 head
light 5-weight M&L 1 steers $320.17/cwt +10.42 vs last sale · ≈ $1,674/hd at 523 lb · 292 head
HeadThis saleLast saleLast year
Total receipts 3,451 1,006 3,575
Feeder cattle 3,451 1,006 3,575

Mostly yearling steers this week and heifers last week so an accurate price trend can not be established on yearling cattle. Too few calves last week to develop an accurate price trend on calves, higher undertones noted on both steer and heifer calves. Good to very good demand for yearlings. A string of black steers and a handful of loads of steers as well as packages of heifers, mostly tested opens, made up the yearling offering. Yearlings came off grass in mostly moderate flesh with some fill seen at times. Mostly good demand for calves with load lots seeing the best demand. Wide price spreads in calves due to hide color and lack of complete vaccinations. All calves were off the cow and flesh was mostly light to moderate. Varied quality on calves, from plain to attractive. An active market with both buyers and some farmer feeders in the seats. The weather has remained warm and very dry. Harvest is progressing quickly with most of the beans off and farmers heavily into corn. Next feeder cattle sale is Thursday, October 17.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 11 415.00 $415.00 $1,349
358–395 373 39 385.00–399.00 $394.81 $1,473 +23.00
407–439 420 109 342.50–378.00 $357.30 $1,501 +22.58
453–485 470 243 320.00–352.00 $336.96 $1,584 +14.42
508–541 523 292 299.00–330.00 $320.17 $1,674 +10.42
552–590 560 233 285.00–309.00 $300.76 $1,684 -9.24
613–630 619 135 286.00–304.25 $298.06 $1,845 +23.06
658 658 91 279.00 $279.00 $1,836 +14.60
700 700 27 270.00 $270.00 $1,890
804–814 811 349 272.25–272.75 $272.55 $2,210
894–898 896 120 247.00–253.50 $250.24 $2,242
902–932 919 372 250.75–253.50 $252.78 $2,323
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380 380 6 345.00 $345.00 $1,311
439–448 444 64 296.00–332.50 $320.37 $1,422
475–488 483 45 292.00–317.50 $305.88 $1,477 +8.38
550–571 561 32 269.00–275.00 $272.24 $1,527
776 776 12 236.00 $236.00 $1,831
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1011–1029 1020 119 229.00–230.50 $229.75 $2,343

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
308–338 332 32 365.00–389.00 $375.76 $1,248 +34.76
374–399 386 16 310.00–342.50 $326.21 $1,259 +18.86
403–442 428 258 304.50–339.00 $316.71 $1,356 +11.71
450–495 475 154 272.50–308.00 $292.58 $1,390 +14.42
502–544 522 290 263.00–292.00 $277.17 $1,447 +5.74
557–570 568 62 258.00–276.00 $273.72 $1,555 +9.72
635 635 91 262.00 $262.00 $1,664
783 783 41 248.00 $248.00 $1,942 +3.29
885 885 11 225.50 $225.50 $1,996
954–956 955 27 221.00–224.50 $222.82 $2,128
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
341–347 345 26 317.00–339.00 $325.37 $1,123
420 420 11 300.00 $300.00 $1,260
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1003 1003 19 221.00 $221.00 $2,217

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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.