Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, April 23, 2026

1,224 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $364.75/cwt ≈ $3,381/hd at 927 lb · 421 head
light 8-weight M&L 1 steers $384.54/cwt ≈ $3,226/hd at 839 lb · 351 head
heavy 8-weight M&L 1 steers $378.21/cwt +11.85 vs last sale · ≈ $3,287/hd at 869 lb · 200 head
HeadThis saleLast saleLast year
Total receipts 1,224 2,404 1,405
Feeder cattle 1,224 2,404 1,405

Compared to last week: best test on steers 850 to 899 lbs 12.00 to 14.00 higher on a narrow comparison. Heifers not well tested today. The majority of today's offering was an attractive string of black steers from one family operation selling in loads and met with very good demand. Flesh condition moderate to moderate plus on this string. A couple packages, including fall calves, on offer and met with good to very good demand. An active market with mostly order buyers in the seats and taking multiple loads when offered. Next feeder cattle sale is Thursday, April 30, with another string of steers from the same family on offer.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
564–581 572 20 472.50–492.50 $481.65 $2,755 -3.62
630–648 637 15 445.00–469.00 $459.24 $2,925 -7.31
658–661 658 31 432.50–440.00 $439.03 $2,889 +0.66
822–849 839 351 384.25–385.50 $384.54 $3,226
855–898 869 200 364.75–384.25 $378.21 $3,287 +11.85
921–934 927 421 364.75 $364.75 $3,381

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
627 627 5 392.50 $392.50 $2,461 -24.65

↑ Back to top

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.