Sale reports / South Dakota / Philip Livestock Auction / 2024-03-19

Philip Livestock Auction

Feeder Cattle · Philip, South Dakota · Tue, Mar 19
● Final25 lots reportedUSDA AMS · slug 2023
Receipts
1,142 head
▼ 1,640 vs last sale 2,782▼ 1,537 vs year ago 2,679 · −57.4%
View

Reporter comment USDA

As filed

The last Feeder Cattle Sale was three weeks ago, therefore no market comparison may be made. Very Good Demand for Several Load Lots and Many Packages of Feeder Steers and Feeder Heifers which sold on a Strong, Active Market. There were several new buyers in attendance and nearly all buyers got something bought. The entire Offering was Home Raised and carried Light to Moderate Flesh, with the vast majority suitable for grass. Much of the area has experienced unseasonably warm, dry weather and the cattle were clean and open haired with a very attractive presentation. The Next Feeder Cattle Sale is April 16.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $330.58/cwt on 98 head. That ranks 1 of 7 comparable sales and sits −131.90 against this barn's trailing median of $462.48.
Average price
$330.58
98 head · 555 lb average
Value per head Derived
$1,835
Price × average weight ÷ 100
Grade differential Derived
$226
per head · Medium and Large 1 over Medium and Large 1-2
$21.56/cwt at this weight
vs the market
−4.99
vs SD average
+12.29 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1558332.561,85689
Medium and Large 1-2524311.001,6309thin
One grade step is worth $21.56/cwt here — about $226 a head. Across this sale the premium is widest at 700–800 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 sale98 hd
330.58
—
SD average6 barns · 1,539 hd
335.57
−4.99
National average173 barns · 12,551 hd
318.29
+12.29
This barn, trailing median7 sales
462.48
−131.90
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

7 sales
486448410373median 462.4807/2809/0110/0610/2010/28
Steers 500–600 lb: high $471.75, low $386.56, median $462.48 across 7 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

25 lots · USDA AMS · Philip Livestock Auction - Philip, 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.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers13 lots · lightest first
Steers400–450Medium and Large 1426357.50/cwt357.50–357.501,5237
Steers400–450Medium and Large 1-2436330.00/cwt330.00–330.001,4394
Steers450–500Medium and Large 1494350.00/cwt350.00–350.001,7297
Steers500–550Medium and Large 1522348.92/cwt343.00–350.001,82137
Steers500–550Medium and Large 1-2524311.00/cwt311.00–311.001,6309
Steers550–600Medium and Large 1Fleshy581290.00/cwt290.00–290.001,68516
Steers550–600Medium and Large 1585334.66/cwt324.50–337.001,95836
Steers600–650Medium and Large 1633309.38/cwt298.00–311.001,958109
Steers600–650Large 1648290.00/cwt290.00–290.001,87928
Steers650–700Medium and Large 1665308.61/cwt287.00–320.002,052128
Steers700–750Medium and Large 1730286.71/cwt270.00–292.002,093269
Steers750–800Large 1775262.00/cwt262.00–262.002,03173
Steers800–850Medium and Large 1831258.75/cwt258.75–258.752,15080
Feeder Cattle · Heifers12 lots · lightest first
Heifers350–400Medium and Large 1-2377330.00/cwt330.00–330.001,2445
Heifers400–450Medium and Large 1434320.28/cwt310.00–328.001,39019
Heifers450–500Medium and Large 1-2484285.00/cwt285.00–285.001,3796
Heifers500–550Medium and Large 1523307.18/cwt302.00–311.001,60725
Heifers500–550Medium 1528299.00/cwt299.00–299.001,5796
Heifers550–600Medium and Large 1581303.16/cwt302.00–303.501,76139
Heifers600–650Medium and Large 1646280.70/cwt280.50–283.001,813109
Heifers650–700Medium and Large 1664275.42/cwt270.00–286.001,829171
Heifers700–750Large 1700246.00/cwt246.00–246.001,7225
Heifers700–750Medium and Large 1706258.00/cwt258.00–258.001,82129
Heifers700–750Medium 1737251.00/cwt251.00–251.001,8506
Heifers750–800Medium and Large 1752255.50/cwt255.50–255.501,92177

This sale against other markets

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.