Sale reports / South Dakota / Mobridge Livestock Exchange / 2024-03-07

Mobridge Livestock Exchange

Name: Mobridge Livestock Exchange livestock auction prices — 2024-03-07
Creator: RaisedBeef
Published: 2024-03-07

Feeder Cattle · Mobridge, South Dakota · Thu, Mar 7

● Final24 lots reportedUSDA AMS · slug 2025

← Feb 22Mar 7Mar 28 →

Receipts

1,577 head

▼ 3,348 vs last sale 4,925▼ 457 vs year ago 2,034 · −22.5%

View

Reporter comment USDA

As filed

Compared to two weeks ago: best test on steers 650 to 699 lbs and heifers 650 to 699 lbs 3.00 to 4.00 higher with other weight classes not well compared. Good demand for this lighter offering made up of many packages and a handful of loads. Most of the cattle were home raised and in light to moderate flesh with some fill seen at times. Quality varied, especially on packages. Many producers are getting ready to calve and cleaning out any cattle held over to make room. A moderate to active market with a few less buyers and farmer feeders attending the sale today. The weather has stayed mostly dry and warm for this time of year making it easy to keep cattle in good condition. Watch local listings for the next feeder cattle sale.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $330.49/cwt on 183 head. That ranks 1 of 8 comparable sales and sits −137.71 against this barn's trailing median of $468.20.

Average price

$330.49

183 head · 557 lb average

Value per head Derived

$1,840

Price × average weight ÷ 100

Grade differential Derived

$123

per head · Medium and Large 1 over Medium and Large 1-2

$28.79/cwt at this weight

vs the market

+3.23

vs SD average

+17.49 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	556	332.85	1,849	168
Medium and Large 1-2	568	304.07	1,726	15thin

One grade step is worth $28.79/cwt here — about $123 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only

This sale183 hd

330.49

—

SD average4 barns · 724 hd

327.27

+3.23

National average178 barns · 13,961 hd

313.00

+17.49

This barn, trailing median8 sales

468.20

−137.71

A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

8 sales

Steers 500–600 lb: high $510.18, low $457.44, median $468.20 across 8 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot, as filed

24 lots · USDA AMS · Mobridge Livestock Exchange (Thursday) - Mobridge, SD

Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers13 lots · lightest first
Steers	400–450	Medium and Large 1-2	431	345.67/cwt	337.50–355.00	1,490	26
Steers	400–450	Medium and Large 1	438	367.91/cwt	361.00–373.00	1,611	19
Steers	450–500	Medium and Large 1	487	358.00/cwt	358.00–358.00	1,743	40
Steers	500–550	Medium and Large 1-2	515	307.00/cwt	307.00–307.00	1,581	4
Steers	500–550	Medium and Large 1	531	337.72/cwt	322.00–345.00	1,793	74
Steers	550–600	Medium and Large 1	575	329.02/cwt	318.00–333.00	1,892	94
Steers	550–600	Medium and Large 1-2	587	303.00/cwt	303.00–303.00	1,779	11
Steers	600–650	Medium and Large 1	625	308.71/cwt	300.00–320.00	1,929	126
Steers	600–650	Medium and Large 1Full	628	293.60/cwt	291.00–297.50	1,844	12
Steers	650–700	Medium and Large 1-2	679	277.00/cwt	277.00–277.00	1,881	77
Steers	650–700	Medium and Large 1	683	293.18/cwt	285.50–310.00	2,002	122
Steers	700–750	Medium and Large 1	707	263.00/cwt	263.00–263.00	1,859	10
Steers	750–800	Medium and Large 1	764	262.90/cwt	250.50–269.50	2,009	80
Feeder Cattle · Heifers11 lots · lightest first
Heifers	400–450	Medium and Large 1	433	316.89/cwt	315.00–320.00	1,372	25
Heifers	450–500	Medium and Large 1	492	308.69/cwt	306.50–313.00	1,519	78
Heifers	500–550	Medium and Large 1	524	281.66/cwt	272.00–288.00	1,476	35
Heifers	550–600	Medium and Large 1	577	282.05/cwt	267.00–285.00	1,627	168
Heifers	600–650	Medium and Large 1	612	280.32/cwt	271.00–282.50	1,716	42
Heifers	650–700	Medium and Large 1	671	260.52/cwt	247.00–268.50	1,748	151
Heifers	650–700	Medium and Large 1Full	684	242.00/cwt	242.00–242.00	1,655	6
Heifers	700–750	Medium and Large 1	733	247.06/cwt	240.00–253.00	1,811	69
Heifers	750–800	Medium and Large 1Replacement	781	255.50/cwt	255.50–255.50	1,995	36
Heifers	750–800	Medium and Large 1	785	227.85/cwt	220.50–232.00	1,789	39
Heifers	800–850	Medium and Large 1	839	224.83/cwt	213.00–228.00	1,886	28

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.

South Dakota feeder prices, every weight →Every state and region →

Mobridge Livestock Exchange (Thursday) - Mobridge, SD

Thu Mar 7, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Sioux Falls, SD (LS-SF)

Receipts 1,577Last week 4,925Year ago 2,034

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Full$ per cwt · actual wt
6	650–700	684	242.00	242.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
25	400–450	433	315.00–320.00	316.89
78	450–500	492	306.50–313.00	308.69
35	500–550	524	272.00–288.00	281.66
168	550–600	577	267.00–285.00	282.05
42	600–650	612	271.00–282.50	280.32
151	650–700	671	247.00–268.50	260.52
69	700–750	733	240.00–253.00	247.06
39	750–800	785	220.50–232.00	227.85
28	800–850	839	213.00–228.00	224.83

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
36	750–800	781	255.50	255.50

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Full$ per cwt · actual wt
12	600–650	628	291.00–297.50	293.60

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
19	400–450	438	361.00–373.00	367.91
40	450–500	487	358.00	358.00
74	500–550	531	322.00–345.00	337.72
94	550–600	575	318.00–333.00	329.02
126	600–650	625	300.00–320.00	308.71
122	650–700	683	285.50–310.00	293.18
10	700–750	707	263.00	263.00
80	750–800	764	250.50–269.50	262.90

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
26	400–450	431	337.50–355.00	345.67
4	500–550	515	307.00	307.00
11	550–600	587	303.00	303.00
77	650–700	679	277.00	277.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.