Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, October 31, 2024

5,501 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 $329.11/cwt +0.94 vs last sale · ≈ $1,744/hd at 530 lb · 912 head
heavy 5-weight M&L 1 steers $317.80/cwt +3.10 vs last sale · ≈ $1,802/hd at 567 lb · 672 head
light 5-weight M&L 1 heifers $298.66/cwt -1.23 vs last sale · ≈ $1,575/hd at 527 lb · 656 head
HeadThis saleLast saleLast year
Total receipts 5,501 5,261 7,070
Feeder cattle 5,501 5,261 7,070

Compared to last Thursday: steer calves 400 to 649 lbs mostly steady with instances up to 10.00 lower on 400 to 499 lbs. Heifer calves 400 to 449 lbs 10.00 to 12.00 lower, 450 to 549 lbs 5.00 to 7.00 lower, 550 to 599 lbs 6.00 to 8.00 higher. Good to very good demand for this large calf offering with best demand seen during the last half of the sale which featured quite a few loads lots from reputation outfits. Less colored cattle than last week and less calves that hadn't been fully preconditioned, the majority of today's offering was black hided and had at least two rounds of shots. Quality varied, but mostly average to attractive quality calves on offer, all coming off the cow. Flesh condition was an attractive light to moderate. An active market with plenty of buyers and a few bull breeders in the seats, however, not quite the enthusiasm to get cattle bought as was seen last week. The temperatures have become more seasonally normal but dusty and dry conditions remain. Next feeder cattle sale is Thursday, November 7.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–337 328 18 410.00–415.00 $411.07 $1,348 +21.26
357–399 385 111 380.00–405.00 $392.18 $1,510 -2.08
401–449 435 229 352.50–380.00 $367.38 $1,598 -10.28
459–499 477 326 329.00–363.00 $342.80 $1,635 -19.11
500–546 530 912 316.00–339.00 $329.11 $1,744 +0.94
551–595 567 672 305.00–324.00 $317.80 $1,802 +3.10
606–631 620 528 295.00–316.00 $310.87 $1,927 +13.87
654 654 89 295.00 $295.00 $1,929 +5.90
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
341 341 4 387.50 $387.50 $1,321
380–384 381 14 350.00–370.00 $364.24 $1,388
432–447 440 64 347.50–348.00 $347.73 $1,530 +7.44
492–498 496 89 320.50–326.00 $322.77 $1,601 -11.64
544 544 10 281.00 $281.00 $1,529 -28.85
556 556 28 296.00 $296.00 $1,646 +1.76
627–636 629 40 271.00–288.00 $280.54 $1,765 +9.54

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–349 336 22 352.50–365.00 $357.61 $1,202 +9.65
351–394 364 49 327.50–345.00 $336.34 $1,224 -6.58
404–446 432 359 308.00–341.00 $321.16 $1,387 -24.54
456–494 477 589 301.00–321.50 $313.48 $1,495 -3.47
518 518 106 308.50 $308.50 $1,598 +13.43
504–548 529 550 286.50–300.00 $296.76 $1,570 -12.89
559 559 24 302.00 $302.00 $1,688 -8.00
551–590 571 255 281.00–295.50 $289.63 $1,654 +9.02
611 611 89 278.00 $278.00 $1,699 +14.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
396–399 398 14 312.50–317.50 $315.72 $1,257
466–487 479 21 292.00–295.00 $293.11 $1,404 +0.55
540 540 19 274.00 $274.00 $1,480 +3.00
575–578 577 20 251.00–258.00 $253.79 $1,464 -9.21

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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.