Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, November 21, 2024

3,564 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 $350.17/cwt +9.86 vs last sale · ≈ $1,824/hd at 521 lb · 609 head
heavy 5-weight M&L 1 steers $329.04/cwt +11.20 vs last sale · ≈ $1,889/hd at 574 lb · 406 head
heavy 4-weight M&L 1 heifers $330.23/cwt +18.76 vs last sale · ≈ $1,578/hd at 478 lb · 367 head
HeadThis saleLast saleLast year
Total receipts 3,564 2,646 5,106
Feeder cattle 3,564 2,646 5,106

Compared to last week: steers 400 to 449 lbs and 500 to 549 lbs mostly steady with instances up to 20.00 higher on 500 to 549 lbs, 450 to 499 lbs 4.00 to 9.00 higher, and 550 to 599 lbs 10.00 to 13.00 higher. Heifers 450 to 549 lbs 10.00 to 15.00 higher, other weight classes of heifers not well compared. Good to very good demand for calves today with load lots from reputation outfits seeing the best demand. A few more weaned packages this week, mostly weaned 30 or so days, but the majority of the offering still coming off the cow. Quality mostly average to attractive with quite a few colored cattle in the mix. Mostly light to moderate flesh on the cattle. An active market with buyers and farmer feeders aggressively trying to fill pens, there will be very few opportunities to get cattle next week. Much cooler and more seasonal weather this week with some snow on the ground. No feeder cattle next week due to Thanksgiving, next feeder cattle sale is Thursday, December 5. Happy Thanksgiving!!

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
304–334 323 48 457.00–480.00 $462.35 $1,493 +72.35
356–399 387 109 400.00–426.00 $422.98 $1,637 +32.77
405–446 434 179 377.50–393.00 $386.82 $1,679 +9.80
463–496 482 230 367.00–390.00 $377.53 $1,820 +30.78
503 fancy 503 176 365.00–370.00 $366.96 $1,846
512–538 528 433 330.00–347.00 $343.35 $1,813 +3.04
555–591 574 406 317.50–334.00 $329.04 $1,889 +10.61
600–637 617 271 307.00–323.25 $314.11 $1,938 +13.10
666–679 670 38 279.00–303.00 $295.32 $1,979 +1.87
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
343 343 6 437.00 $437.00 $1,499 +117.00
372 372 16 367.50 $367.50 $1,367 +3.04
416–440 437 36 347.50–362.50 $349.09 $1,526
477 477 6 330.00 $330.00 $1,574
533 533 33 324.00 $324.00 $1,727 +12.85

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330–337 332 21 352.50–371.00 $358.75 $1,191 -3.75
379–391 389 78 356.00–379.50 $365.51 $1,422 +2.51
413–425 419 83 330.00–349.00 $341.59 $1,431 +1.66
428 fancy 428 43 361.00 $361.00 $1,545
460–495 478 367 314.00–343.00 $330.23 $1,578 +18.76
502–547 522 275 306.00–329.00 $315.26 $1,646 +7.43
553–583 562 194 284.00–304.50 $297.35 $1,671 +21.25
603–612 608 108 272.50–283.00 $279.31 $1,698 +18.31
805 805 22 233.50 $233.50 $1,880
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 14 333.00 $333.00 $1,116 +0.31
362–396 386 41 332.50–340.00 $334.39 $1,291 +12.49
418 418 8 310.00 $310.00 $1,296 -2.55
498 498 6 280.00 $280.00 $1,394 -17.50
521–531 525 33 284.00–296.00 $292.36 $1,535
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1020 1020 23 233.50 $233.50 $2,382

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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.