Sale reports / South Dakota / Philip Livestock Auction / 2024-10-08

Philip Livestock Auction

Feeder Cattle · Philip, South Dakota · Tue, Oct 8
● Final35 lots reportedUSDA AMS · slug 2023
Receipts
2,164 head
▲ 1,090 vs last sale 1,074▼ 1,646 vs year ago 3,810 · −43.2%
View

Reporter comment USDA

As filed

Sale not recently reported, therefore no market comparison may be made. Very Good Demand for Several Long Strings, Load Lots, and Many Packages of Feeder Steers, Feeder Heifers, and Tested Open Heifers which sold on a Strong, Active Market. All the Yearlings were off grass and carried Light to Moderate Flesh with no tagg and a favorable weigh-up. This sale was the first real test of the season for Spring Calves coming straight off the cow. There were several sets of high quality calves with quite a few buyers getting in on the action. The Next Feeder Cattle Sale is October 15, Expecting 8,000 head, consisting nearly entirely of Spring Calves.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $312.83/cwt on 466 head. That ranks 1 of 8 comparable sales and sits −146.01 against this barn's trailing median of $458.84.
Average price
$312.83
466 head · 552 lb average
Value per head Derived
$1,725
Price × average weight ÷ 100
Grade differential Derived
$118
per head · Medium and Large 1 over Medium 1
$26.63/cwt at this weight
vs the market
−0.41
vs SD average
+18.52 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1546316.631,729385
Large 1581295.701,71868
Medium 1556290.001,61213thin
One grade step is worth $26.63/cwt here — about $118 a head. Across this sale the premium is widest at 600–700 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 sale466 hd
312.83
—
SD average6 barns · 2,174 hd
313.24
−0.41
National average177 barns · 23,944 hd
294.31
+18.52
This barn, trailing median8 sales
458.84
−146.01
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
486448410373median 458.8407/2809/1510/1310/2811/03
Steers 500–600 lb: high $471.75, low $386.56, median $458.84 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

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 · Steers17 lots · lightest first
Steers300–350Medium and Large 1336367.50/cwt367.50–367.501,23510
Steers350–400Medium and Large 1384367.50/cwt367.50–367.501,41115
Steers400–450Medium and Large 1439336.37/cwt334.00–340.001,47735
Steers450–500Large 1464326.00/cwt326.00–326.001,51311
Steers450–500Medium and Large 1480339.73/cwt321.00–343.501,631242
Steers500–550Medium and Large 1545318.10/cwt311.00–324.501,734292
Steers500–550Medium 1546293.00/cwt293.00–293.001,6007
Steers550–600Medium and Large 1550312.00/cwt312.00–312.001,71693
Steers550–600Medium 1567286.50/cwt286.50–286.501,6246
Steers550–600Large 1581295.70/cwt284.50–297.001,71868
Steers600–650Medium and Large 1-2Unweaned610277.00/cwt277.00–277.001,69011
Steers600–650Medium and Large 1Unweaned635286.64/cwt277.00–289.751,820119
Steers600–650Medium 1Unweaned647262.00/cwt262.00–262.001,6957
Steers650–700Medium and Large 1Unweaned666284.50/cwt284.50–284.501,89583
Steers650–700Large 1Full684232.00/cwt232.00–232.001,5875
Steers800–850Medium and Large 1821241.37/cwt240.25–246.001,98240
Steers950–1000Medium and Large 1981236.00/cwt236.00–236.002,31552
Feeder Cattle · Heifers18 lots · lightest first
Heifers300–350Medium and Large 1330342.50/cwt342.50–342.501,1307
Heifers350–400Medium and Large 1397323.49/cwt323.00–325.001,28424
Heifers400–450Medium and Large 1430305.85/cwt304.00–313.001,31543
Heifers450–500Medium and Large 1469297.89/cwt296.00–303.001,397155
Heifers500–550Medium and Large 1522296.72/cwt292.50–297.001,54997
Heifers500–550Large 1542279.50/cwt279.50–279.501,51555
Heifers550–600Medium 1573267.50/cwt267.50–267.501,5338
Heifers550–600Large 1582283.00/cwt283.00–283.001,6477
Heifers600–650Medium and Large 1Replacement605279.00/cwt279.00–279.001,68830
Heifers600–650Medium and Large 1Unweaned615267.00/cwt267.00–267.001,642100
Heifers600–650Medium and Large 1-2633254.50/cwt254.50–254.501,6115
Heifers750–800Medium and Large 1-2750238.50/cwt238.50–238.501,7895
Heifers750–800Medium and Large 1797242.50/cwt242.50–242.501,93326
Heifers800–850Medium and Large 1825240.83/cwt240.00–242.001,987129
Heifers850–900Medium and Large 1889237.34/cwt236.50–237.502,110159
Heifers900–950Medium and Large 1936233.50/cwt233.50–233.502,18612
Heifers900–950Large 1940226.50/cwt226.50–226.502,1295
Heifers950–1000Medium and Large 1978226.19/cwt222.50–230.502,21252

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.