Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, April 16, 2026

2,404 head sold ·Official USDA report

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

light 7-weight M&L 1 steers $419.21/cwt +10.17 vs last sale · ≈ $3,081/hd at 735 lb · 407 head
light 6-weight M&L 1 steers $467.69/cwt +12.38 vs last sale · ≈ $2,956/hd at 632 lb · 235 head
heavy 6-weight M&L 1 heifers $409.43/cwt +16.07 vs last sale · ≈ $2,773/hd at 677 lb · 226 head
HeadThis saleLast saleLast year
Total receipts 2,404 1,575 1,796
Feeder cattle 2,404 1,575 1,796

Last reported feeder cattle sale was three weeks ago so an accurate price trend can not be established. Good to very good demand for load lots featured in today's offering, especially those light and green enough for grass. Moderate to good demand for packages as there were quite a few plainer quality packages on offer. A few consignments of fall calves on offer, both weaned and off the cow. Flesh condition ranged from light to moderate plus with some fill at times. A mostly active market with both buyers and farmer feeders in the seats. Next feeder cattle sale is Thursday, April 23, featuring 1200 black steers from one family operation.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
457–492 479 45 520.00–550.00 $534.17 $2,559 +10.77
512–517 514 54 541.00 $541.00 $2,781
562–599 580 95 462.50–503.00 $485.27 $2,815 +35.27
603 thin fleshed 603 8 500.00 $500.00 $3,015
624–646 633 227 455.00–476.00 $466.55 $2,953 +11.24
651–691 680 83 425.00–464.00 $438.37 $2,981 +20.37
697 697 19 415.00 $415.00 $2,893 -3.00
713–747 735 407 404.00–424.50 $419.21 $3,081 +10.17
777–784 779 56 385.00–395.00 $392.12 $3,055 +12.12
852–884 870 196 360.50–369.75 $366.36 $3,187 +24.36

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
402–439 425 24 530.00–560.00 $544.08 $2,312 +41.58
460–492 480 37 475.00–500.00 $487.81 $2,341 -15.72
513–531 519 47 445.00–467.50 $460.57 $2,390 +0.57
559–578 567 119 432.00–454.00 $449.65 $2,550 +11.46
582 582 34 427.50 $427.50 $2,488 -10.69
602–646 633 141 404.00–427.50 $417.15 $2,641 +14.80
669–672 670 100 423.50–432.50 $425.31 $2,850 +31.95
661–696 683 126 391.00–407.50 $396.83 $2,710 +3.47
700–746 724 67 376.00–390.00 $382.42 $2,769 +6.83
709–742 732 159 400.00–436.00 $417.75 $3,058 +42.16
750 750 78 386.00 $386.00 $2,895 +21.92
774 774 15 359.00 $359.00 $2,779 -5.08
817 817 7 339.00 $339.00 $2,770 +5.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
464 464 20 452.50 $452.50 $2,100 -9.25
521 521 7 435.00 $435.00 $2,266

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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.