Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, October 17, 2024

6,128 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 $328.14/cwt +7.97 vs last sale · ≈ $1,717/hd at 523 lb · 940 head
heavy 4-weight M&L 1 steers $357.67/cwt +20.71 vs last sale · ≈ $1,681/hd at 470 lb · 610 head
heavy 5-weight M&L 1 steers $312.81/cwt +12.05 vs last sale · ≈ $1,774/hd at 567 lb · 541 head
HeadThis saleLast saleLast year
Total receipts 6,128 3,451 6,122
Feeder cattle 6,128 3,451 6,122

Compared to last week: steer calves 400 to 449 lbs 15.00 to 20.00 higher, 450 to 599 lbs 10.00 to 15.00 higher, best test on yearling steers 900 to 949 lbs 2.00 higher on a narrow comparison. Heifer calves 400 to 549 lbs 10.00 to 15.00 higher. Good to very good demand for a couple loads and packages of yearlings offered today. Yearlings came off grass in mostly moderate to moderate plus flesh with some fill at times. Very good demand for a large calf offering featuring many loads and packages. Calves were off the cow and preconditioning varied, but most had at least one full round of shots. Overall quality more attractive than last week with many fancy, green calves to choose from. Some price difference in hide color again this week resulting in larger price spreads in this report. An active market with both buyers and farmer feeders in the seats. Weather continues to be very dry and dusty with warm days and cool nights, not the best weather to wean and start calves. The weather has been good for harvest though and corn is coming off quickly. Two feeder cattle sales next week. Tuesday, October 22, featuring Red Angus calves, and Thursday, October 24.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
301–331 327 75 387.50–409.00 $400.94 $1,311 -14.06
352–388 368 72 380.00–406.00 $393.85 $1,449 -0.96
401–449 423 276 369.00–398.00 $385.90 $1,632 +28.60
450–456 fancy 453 257 373.00 $373.00 $1,690
477 477 27 337.00 $337.00 $1,607 +0.04
451–499 483 326 341.00–365.50 $347.30 $1,677 +10.34
500–548 523 929 317.00–344.00 $328.41 $1,718 +8.24
537 537 11 305.00 $305.00 $1,638 -15.17
551–595 567 541 300.50–325.00 $312.81 $1,774 +12.05
606–624 619 189 293.00–301.00 $297.11 $1,839 -0.95
634 634 18 281.00 $281.00 $1,782 -17.06
679 679 84 290.75 $290.75 $1,974 +11.75
863 863 14 251.00 $251.00 $2,166 +0.76
923–926 924 127 256.00 $256.00 $2,365 +3.22
964–981 973 235 241.75–245.75 $242.83 $2,363
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
349 349 9 380.00 $380.00 $1,326
351–383 362 48 360.00–368.00 $362.73 $1,313 +17.73
420 420 28 331.00 $331.00 $1,390 +10.63
414–435 428 98 340.00–360.00 $348.81 $1,493 +28.44
466–496 480 143 324.00–335.00 $327.88 $1,574 +22.00
573 573 29 296.00 $296.00 $1,696 +23.76
617 617 13 270.00 $270.00 $1,666
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1050 1050 54 227.25 $227.25 $2,386

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
334–349 346 36 360.00–387.50 $372.72 $1,290 -3.04
352–360 356 68 359.00–387.00 $377.97 $1,346 +51.76
409–444 427 442 326.00–355.00 $337.73 $1,442 +21.02
453–498 475 442 294.00–319.50 $306.82 $1,457 +14.24
489 489 19 286.00 $286.00 $1,399 -6.58
522–525 524 87 302.00–305.00 $303.24 $1,589 +26.07
503–549 527 157 270.00–296.00 $283.51 $1,494 +6.34
552–595 579 211 260.00–281.00 $273.31 $1,582 -0.41
647 647 59 271.00 $271.00 $1,753 +9.00
758 758 6 239.50 $239.50 $1,815 -8.50
867 867 61 236.50 $236.50 $2,050 +11.00
906–917 912 118 236.25 $236.25 $2,155
957–967 962 19 221.00–225.00 $223.09 $2,146 +0.27
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
342 342 15 330.00 $330.00 $1,129 +4.63
380 380 13 349.00 $349.00 $1,326
407–440 427 82 306.00–322.00 $316.28 $1,351 +16.28
485–499 490 35 272.50–282.00 $278.68 $1,366

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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.