Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, October 24, 2024

5,261 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 $328.17/cwt +0.03 vs last sale · ≈ $1,729/hd at 527 lb · 753 head
heavy 5-weight M&L 1 steers $314.70/cwt +1.89 vs last sale · ≈ $1,769/hd at 562 lb · 680 head
light 5-weight M&L 1 heifers $299.89/cwt +9.34 vs last sale · ≈ $1,563/hd at 521 lb · 669 head
HeadThis saleLast saleLast year
Total receipts 5,261 6,128 5,669
Feeder cattle 5,261 6,128 5,669

Compared to last week: steers 400 to 449 lbs 5.00 to 7.00 lower, 450 to 499 and 600 to 649 lbs steady to 2.00 higher, 500 to 599 lbs mostly steady with instances 4.00 lower on 500 to 549 lbs. Heifers 400 to 499 lbs 2.00 to 5.00 higher, 500 to 599 lbs 5.00 to 6.00 higher. Very good demand for this large calf offering featuring many loads and packages with load lots from reputation ranches seeing excellent demand. Lots of attractive quality calves to choose from, all coming off the cow. Flesh varied more this week but calves were still green enough and bloomy. Some discrimination on calves without all their shots but most of the offering had at least on full round which seems to be enough for quite a few buyers. An active market with a full house of buyers as well as some farmer feeders and bull breeders. Corn harvest is wrapping up, the weather basically caused no delays in getting harvest completed this year so it was accomplished pretty quickly. More feeders are ready to take on calves with the harvest out of the way. Next week features two feeder cattle sales, Tuesday, October 29, and Thursday, October 31.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
327–337 332 11 387.50–392.50 $389.81 $1,294 -11.13
358–399 381 50 385.00–402.50 $394.26 $1,502 +0.41
403–445 426 205 362.00–389.00 $377.66 $1,609 -8.24
453–495 472 459 347.00–375.00 $361.91 $1,708 +24.91
502–548 527 753 315.00–340.00 $328.17 $1,729 -0.24
550–578 562 680 303.00–327.50 $314.70 $1,769 +1.89
618–625 fancy 622 184 314.25 $314.25 $1,955
602–641 630 396 286.00–303.75 $297.00 $1,871 +16.00
659–664 663 88 282.00–290.00 $289.10 $1,917 -1.65
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
434–448 437 21 335.00–342.00 $340.29 $1,487 -8.52
458–492 485 51 327.50–342.50 $334.41 $1,622 +6.53
515–544 528 58 309.00–311.00 $309.85 $1,636
572–583 575 30 294.00–295.00 $294.24 $1,692 -1.76
629 629 21 271.00 $271.00 $1,705 +1.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–334 325 23 337.50–355.00 $347.96 $1,131 -24.76
359–396 379 82 335.00–357.00 $342.92 $1,300 -35.05
400–439 417 266 330.00–358.00 $345.70 $1,442 +7.97
454–496 478 485 301.00–325.00 $316.95 $1,515 +10.13
502–548 521 448 281.00–305.50 $295.07 $1,537 -8.17
501–547 522 221 309.00–310.00 $309.65 $1,616 +6.41
555 555 97 310.00 $310.00 $1,720 +36.69
557–599 577 178 274.00–287.50 $280.61 $1,619 +7.30
610 610 11 264.00 $264.00 $1,610
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
495–498 497 44 286.00–298.00 $292.56 $1,454 +13.88
531 531 4 271.00 $271.00 $1,439
594 594 15 263.00 $263.00 $1,562

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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.