10/23/2026
Mobridge Livestock leads the nation!! Thank you to all of our customers for making this possible!! We sold great cattle from beginning to end and it is all credit to our consignors.
U.S. CATTLE REPORT 🔔 Friday’s Top 10 Things Cattle Producers Should Know
1. USDA Cattle on Feed and Cold Storage Reports Coming Today at 2 p.m. Central
USDA will release its monthly Cattle on Feed and Cold Storage reports this afternoon at 2 p.m. Central. Analysts expect September feedlot placements to be down 8%–9% from last year, marketings down around 7%, and October 1 feedlot inventories near year-ago levels.
2. October Screwworm Cases Reach 9, Compared With 3 in September
USDA confirmed another New World screwworm case Thursday in Hidalgo County, New Mexico. Total U.S. detections since June 3 now stand at 61 across Texas and New Mexico, including nine domestic animal cases so far in October, compared with three in September.
3. Choice Boxed Beef Falls to Lowest Level Since August 7
Choice boxed beef declined $3.12 Thursday to $369.47, while Select dropped $4.93 to $350.41. Choice has now fallen $13.32 during October, with lower prices in 11 of the month’s 16 trading sessions.
4. Feeder Cattle Futures End Five-Session Winning Streak
October feeder cattle futures closed down $1.725 Thursday at $346.10, while October live cattle fell $0.675 to $229.75. Even with the setback, both contracts remain well above their October 14 closes.
5. U.S. Drought Conditions Improve for Sixth Consecutive Week
D0-D4 drought coverage across the contiguous United States declined to 73.18%, the lowest level since August 11. The Drought Severity and Coverage Index also fell to 163, its lowest reading since August 4, as moisture conditions continue to improve.
6. Corn Futures Down 47.5 Cents Since October 6
December corn futures closed Thursday at $4.6050 per bushel, down 2.75 cents on the day. Corn has declined in 10 of the last 12 sessions and is now down 47.5 cents from the October 6 high, offering some relief on feed costs.
7. First Russian Diesel Shipment Under Trump-Putin Agreement Heads to New York
According to Reuters, a tanker carrying 40,000 metric tons of Russian diesel departed Primorsk on October 22 and is expected to arrive in New York on November 7. The shipment is part of the Trump administration’s effort to ease high diesel prices.
8. Mitchell Posts Highest 10-Weight Steer Prices Since July 9
Mitchell Livestock Marketing in Mitchell, South Dakota, posted five of the nation’s Top 10 highest-priced 10-weight steer sales Thursday. The top sale featured 64 steers weighing 1,025 pounds at $325.00, the highest 10-weight price at the barn since July 9.
9. Heavy Rain Expected for Texas and Oklahoma Panhandles
Amarillo faces a 90% chance of rain Sunday, with rain chances remaining high Sunday night and Monday. Localized flooding is possible across parts of the Panhandles, including Dalhart and Boise City, which could create muddy feedlots and delay cattle movement.
10. Mobridge Leads Nation in Feeder Cattle Receipts With 8,347 Head
Mobridge Livestock Market in South Dakota posted the largest feeder cattle sale in the country Thursday during its Special Calf Sale featuring Red Angus. The barn also posted four of the nation’s Top 10 highest-priced 5-weight steer sales and four of the Top 10 6-weight sales, earning the Superior Steel Sales Stickout Sale of the Day award.
Mitchell Livestock Marketing Mobridge Livestock Market LLC
