Sale reports / South Dakota / Mobridge Livestock Exchange / 2019-10-29

Mobridge Livestock Exchange

Feeder Cattle · Mobridge, South Dakota · Tue, Oct 29
● Final20 lots reportedUSDA AMS · slug 2010
Receipts
6,783 head
5,438 vs last sale 1,345 6,783 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Too light an offering last Tuesday to compare to today's large offering and develop an accurate price trend, higher undertones noted on both steer and heifer calves. Good demand for many loads and packages which made up today's calf offering. A couple loads of replacement quality heifers from reputation outfits met with very good demand. Quality was very attractive and flesh mostly light to moderate. Unlike last week, almost all of today's calves were fully preconditioned. An active market with order buyers, producers, and farmers interested in procuring calves today. The weather has remained dry for the last week and gotten cold with hard freezes overnight helping to dry things out. Soybean harvest has made very good progress and some corn harvest is starting. Next feeder cattle sale is Thursday, October 31.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $160.66/cwt on 3,833 head.
Average price
$160.66
3,833 head · 566 lb average
Value per head Derived
$910
Price × average weight ÷ 100
Grade differential Derived
$135
per head · Medium and Large 1 over Medium and Large 1-2
$15.72/cwt at this weight
vs the market
+5.83
vs SD average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1567160.729113,818
Medium and Large 1-2535145.0077615thin
One grade step is worth $15.72/cwt here — about $135 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale3,833 hd
160.66
SD average12 barns · 27,969 hd
154.83
+5.83
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot, as filed

20 lots · USDA AMS · Mobridge Calf Auction (Tue-Seasonal) - Mobridge, SD
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1409157.61/cwt150.00–163.5064573
HeifersMedium and Large 1482152.45/cwt141.00–157.25735499
HeifersMedium and Large 1Replacement579161.22/cwt157.00–162.00933412
SteersMedium and Large 1320187.00/cwt187.00–187.0059817
SteersMedium and Large 1485170.60/cwt163.00–176.00827330
SteersMedium and Large 1621155.29/cwt144.00–159.00964719
HeifersMedium and Large 1385158.06/cwt154.00–161.0060971
HeifersMedium and Large 1518144.48/cwt137.00–151.00748410
HeifersMedium and Large 1Replacement500155.00/cwt155.00–155.00775116
HeifersMedium and Large 1-2512129.57/cwt129.00–130.5066336
SteersMedium and Large 1421181.17/cwt174.00–186.00763188
SteersMedium and Large 1525165.38/cwt158.50–170.75868662
SteersMedium and Large 1-2535145.00/cwt145.00–145.0077615
HeifersMedium and Large 1331158.21/cwt148.00–164.0052432
HeifersMedium and Large 1621139.78/cwt132.00–143.00868204
HeifersMedium and Large 1563138.79/cwt136.00–146.007811,129
HeifersMedium and Large 1-2435129.50/cwt129.50–129.5056321
SteersMedium and Large 1383187.16/cwt173.00–189.5071738
SteersMedium and Large 1657154.53/cwt145.00–159.501,015464
SteersMedium and Large 1575157.25/cwt147.00–163.009041,400

How this sale compares

South Dakota weighted averages
One sale is one barn on one day. The state ladder is every South Dakota auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.