Cattle Market Pulse

Mobridge Livestock Exchange (Thursday) Market Report

Mobridge, South Dakota · USDA-reported Auction Livestock

Sale of Thursday, October 15, 2026

6,294 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 $467.63/cwt -1.15 vs last sale · ≈ $2,441/hd at 522 lb · 898 head
light 6-weight M&L 1 steers $427.20/cwt -7.80 vs last sale · ≈ $2,657/hd at 622 lb · 885 head
heavy 4-weight M&L 1 steers $511.24/cwt +2.47 vs last sale · ≈ $2,423/hd at 474 lb · 632 head
HeadThis saleLast saleLast year
Total receipts 6,294 2,623 6,465
Feeder cattle 6,294 2,623 6,465

Compared to last week: steer calves 400 to 499 lbs 10.00 higher with instances up to 18.00 higher on 400 to 449 lbs, 500 to 549 lbs mostly steady. Heifer calves 400 to 549 lbs mostly steady except 450 to 499 lbs 13.00 to 15.00 higher. A much larger offering of calves this week as the calf run gets underway. Many loads and packages of attractive calves to choose from, all coming off the cow. Good to very good demand for calves. The majority of the calves had full preconditioning or at least a full round of fall shots, calves without were discounted resulting in some wide price spreads. Most of the calves carried light to moderate flesh. An active market at the start of the day with activity slowing a bit as the day wore on. Quite a few farmer feeders in the seats today. The dry summer produced quite a bit of drought damaged corn which ended up in silage piles that need to be fed. Next feeder cattle sale is Thursday, October 22, featuring Red Angus calves.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
331–335 332 25 605.00–625.00 $615.79 $2,044 -11.71
351–395 377 135 615.00–642.50 $624.78 $2,355 +10.17
403–405 fancy 404 61 597.50–600.00 $599.14 $2,421 —
401–444 424 208 530.00–572.50 $550.92 $2,336 +7.70
450–499 474 632 495.00–530.00 $511.24 $2,423 +2.47
501–545 522 898 440.00–497.50 $467.63 $2,441 -1.15
553–599 574 504 420.00–452.50 $440.87 $2,531 -3.91
602–644 622 885 412.50–444.00 $427.20 $2,657 -7.80
707 707 23 394.00 $394.00 $2,786 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
379–387 385 16 595.00–605.00 $602.54 $2,320 +37.54
421–439 436 31 492.50–520.00 $496.78 $2,166 -13.22
472–499 489 75 472.50–487.50 $480.24 $2,348 +5.24
575 575 11 407.50 $407.50 $2,343 -10.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
324–342 331 99 567.50–600.00 $577.42 $1,911 +14.92
369–383 378 164 515.00–550.00 $536.72 $2,029 +25.58
400–449 435 351 470.00–512.50 $480.03 $2,088 -13.58
451–452 451 87 504.00–514.00 $510.32 $2,302 +68.58
450–499 474 445 440.00–475.00 $457.63 $2,169 +15.89
504–517 512 116 445.00–463.00 $454.98 $2,329 +21.48
508–543 526 373 409.00–432.50 $419.65 $2,207 -13.85
552–574 557 81 430.00–440.00 $437.46 $2,437 —
550–594 568 275 392.50–420.00 $404.04 $2,295 —
601–612 604 140 382.50–389.00 $386.98 $2,337 —
937 937 11 304.00 $304.00 $2,848 +0.86
988 988 25 304.00 $304.00 $3,004 -2.59
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
321 321 12 530.00 $530.00 $1,701 —
377–399 390 28 500.00–507.50 $505.02 $1,970 —
432–441 438 22 450.00–465.00 $459.62 $2,013 -0.98
488 488 16 427.50 $427.50 $2,086 —

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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.