Sale reports / South Dakota / Philip Livestock Auction / 2024-04-16

Philip Livestock Auction

Feeder Cattle · Philip, South Dakota · Tue, Apr 16
● Final30 lots reportedUSDA AMS · slug 2023
Receipts
1,315 head
▲ 173 vs last sale 1,142▼ 274 vs year ago 1,589 · −17.2%
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Reporter comment USDA

As filed

The last Feeder Cattle Sale was 4 weeks ago, therefore no comparison may be made. Good Demand for several strings, load lots, and many packages of Feeder Steers and Feeder Heifers which sold on a Moderate to Active Market. The entire Supply was Home Raised, weaned, and fully vaccinated with most Offerings carrying Light to Moderate Flesh and suitable for grass with the balance being heavier, Moderate to Moderate Plus Flesh and headed for the Feedyard. Much of the area has received good Spring moisture, encouraging some optimism for a productive grazing season. Next Feeder Cattle Sale May 14.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $325.58/cwt on 159 head. That ranks 1 of 7 comparable sales and sits −136.90 against this barn's trailing median of $462.48.
Average price
$325.58
159 head · 565 lb average
Value per head Derived
$1,839
Price × average weight ÷ 100
Grade differential Derived
$188
per head · Medium and Large 1 over Medium and Large 1-2
$13.64/cwt at this weight
vs the market
−0.06
vs SD average
+21.19 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1570327.641,868135
Medium and Large 1-2535314.001,68024
One grade step is worth $13.64/cwt here — about $188 a head. Across this sale the premium is widest at 400–500 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 sale159 hd
325.58
—
SD average6 barns · 692 hd
325.64
−0.06
National average171 barns · 11,979 hd
304.39
+21.19
This barn, trailing median7 sales
462.48
−136.90
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

30 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 · Steers15 lots · lightest first
Steers350–400Medium and Large 1-2380337.50/cwt337.50–337.501,28310
Steers400–450Medium 1-2407312.50/cwt312.50–312.501,2726
Steers400–450Medium and Large 1421350.00/cwt350.00–350.001,47423
Steers450–500Medium and Large 1455350.00/cwt350.00–350.001,59310
Steers500–550Medium and Large 1-2535314.00/cwt314.00–314.001,68024
Steers550–600Medium and Large 1570327.64/cwt323.00–337.001,868135
Steers600–650Large 1606269.00/cwt269.00–269.001,6305
Steers600–650Medium and Large 1608295.94/cwt295.00–298.001,79916
Steers650–700Medium and Large 1692287.65/cwt284.50–290.501,991153
Steers700–750Medium and Large 1721286.50/cwt286.50–286.502,06678
Steers700–750Large 1-2740257.00/cwt257.00–257.001,90214
Steers800–850Medium and Large 1-2826229.50/cwt229.50–229.501,89614
Steers850–900Medium and Large 1855232.00/cwt232.00–232.001,98415
Steers900–950Medium and Large 1903231.25/cwt231.25–231.252,08857
Steers950–1000Medium and Large 1988224.50/cwt224.50–224.502,21858
Feeder Cattle · Heifers14 lots · lightest first
Heifers350–400Medium and Large 1382309.70/cwt305.00–312.501,18326
Heifers450–500Medium 1461303.00/cwt303.00–303.001,39718
Heifers500–550Medium 1501285.00/cwt285.00–285.001,42810
Heifers500–550Medium and Large 1532303.05/cwt301.00–306.001,612104
Heifers550–600Medium and Large 1568275.87/cwt271.00–282.001,56741
Heifers600–650Medium and Large 1612283.25/cwt270.00–286.001,73354
Heifers650–700Medium and Large 1659268.40/cwt257.00–274.001,76962
Heifers650–700Large 1-2691237.00/cwt237.00–237.001,6387
Heifers700–750Large 1701237.00/cwt237.00–237.001,6618
Heifers700–750Medium and Large 1728242.12/cwt240.50–246.001,76320
Heifers750–800Medium and Large 1789228.51/cwt228.00–230.001,80364
Heifers800–850Large 1800222.00/cwt222.00–222.001,7767
Heifers800–850Medium and Large 1-2841223.00/cwt223.00–223.001,8757
Heifers850–900Medium and Large 1882214.93/cwt211.00–225.001,89688
Feeder Cattle · Bulls1 lot · lightest first
Bulls550–600Medium and Large 1555294.00/cwt294.00–294.001,6328

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.