Sale reports / South Dakota / Philip Livestock Auction / 2024-07-30

Philip Livestock Auction

Feeder Cattle · Philip, South Dakota · Tue, Jul 30
● Final35 lots reportedUSDA AMS · slug 2023
Receipts
2,617 head
▲ 1,302 vs last sale 1,315▼ 449 vs year ago 3,066 · −14.6%
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Reporter comment USDA

As filed

Sale not recently reported due to Seasonally low trends, therefore no market comparison may be made. Very Good Demand with several new faces in the seats for the Annual Anniversary Yearling Sale and BBQ Lunch. There were several long strings and many load lots and packages of Feeder Steers, Feeder Heifers, and Tested Open Heifers which all sold on a very Strong, Active Market. Much of the Offering was Home Raised and the Entire Offering came off grass and carried Light to Moderate Flesh. Grass around the area seems to be holding up well despite the recent heat but hay production has been varied through out the area. Grass Cattle owners are hopeful the gains will continue to be good as this grass cures and this strong market continues into the Fall Run. Next Feeder Cattle Sale is August 13.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $265.60/cwt on 121 head. That ranks 1 of 7 comparable sales and sits −196.88 against this barn's trailing median of $462.48.
Average price
$265.60
121 head · 573 lb average
Value per head Derived
$1,523
Price × average weight ÷ 100
Grade differential Derived
$449
per head · Medium and Large 1 over Medium and Large 3-4
$95.91/cwt at this weight
vs the market
−56.73
vs SD average
−22.19 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1552328.411,81433
Medium and Large 1-2545302.501,64912thin
Medium and Large 3-4587232.501,36576
One grade step is worth $95.91/cwt here — about $449 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 sale121 hd
265.60
—
SD average3 barns · 424 hd
322.33
−56.73
National average138 barns · 5,135 hd
287.79
−22.19
This barn, trailing median7 sales
462.48
−196.88
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

35 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 · Steers20 lots · lightest first
Steers500–550Medium and Large 1536332.50/cwt332.50–332.501,7826
Steers500–550Medium and Large 1-2545302.50/cwt302.50–302.501,64912
Steers550–600Medium and Large 1556327.50/cwt327.50–327.501,82127
Steers550–600Medium and Large 3-4587232.50/cwt232.50–232.501,36576
Steers650–700Medium and Large 1668300.32/cwt294.50–304.502,00641
Steers650–700Medium and Large 1Unweaned689270.00/cwt270.00–270.001,8609
Steers700–750Medium and Large 1-2729267.00/cwt267.00–267.001,94611
Steers700–750Medium and Large 1740272.59/cwt271.00–274.002,01729
Steers750–800Medium and Large 1-2771262.27/cwt261.50–264.002,02223
Steers750–800Medium and Large 1776273.12/cwt269.00–276.502,11946
Steers800–850Large 1823255.50/cwt255.50–255.502,10352
Steers800–850Medium and Large 1-2833255.00/cwt255.00–255.002,12411
Steers800–850Medium and Large 1846260.00/cwt260.00–260.002,2005
Steers850–900Large 1872254.50/cwt254.50–254.502,21921
Steers850–900Medium and Large 1876262.68/cwt261.00–263.502,301376
Steers900–950Medium and Large 1917253.74/cwt247.50–257.752,327294
Steers900–950Medium 1919244.00/cwt244.00–244.002,2428
Steers1000–1050Large 11,031230.50/cwt230.50–230.502,37611
Steers1050–1100Large 11,084237.62/cwt236.25–238.502,576217
Steers1100–1150Large 11,106238.50/cwt238.50–238.502,63851
Feeder Cattle · Heifers15 lots · lightest first
Heifers550–600Medium and Large 3565230.00/cwt230.00–230.001,30074
Heifers550–600Medium and Large 1599296.00/cwt296.00–296.001,7737
Heifers600–650Medium and Large 1615288.62/cwt282.00–290.001,77581
Heifers600–650Medium and Large 1-2624261.00/cwt261.00–261.001,62920
Heifers650–700Medium and Large 1684272.98/cwt270.50–278.001,86761
Heifers700–750Medium and Large 1-2732255.00/cwt255.00–255.001,86715
Heifers700–750Medium and Large 1741263.80/cwt260.00–264.501,95539
Heifers700–750Medium 1748255.50/cwt255.50–255.501,9118
Heifers750–800Medium and Large 1773257.61/cwt255.00–260.001,991281
Heifers800–850Medium and Large 1812254.27/cwt253.00–256.002,065253
Heifers850–900Medium and Large 1870246.00/cwt240.00–247.002,14070
Heifers850–900Large 1894235.00/cwt235.00–235.002,1016
Heifers900–950Medium and Large 1913240.50/cwt240.50–240.502,19637
Heifers900–950Large 1917232.00/cwt232.00–232.002,1279
Heifers950–1000Medium and Large 1965231.68/cwt228.50–233.002,23634

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.