Sale reports / South Dakota / Philip Livestock Auction / 2024-10-15

Philip Livestock Auction

Feeder Cattle · Philip, South Dakota · Tue, Oct 15
● Final39 lots reportedUSDA AMS · slug 2023
Receipts
7,573 head
▲ 5,409 vs last sale 2,164▲ 1,820 vs year ago 5,753 · +31.6%
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Reporter comment USDA

As filed

Compared to last week Feeder Steers 450 to 550 4.00 to 8.00 higher, 550 to 600 4.00 higher, 600 to 700 8.00 to 10.00 higher, Feeder Heifers 450 to 550 5.00 to 8.00 higher, 600 to 650 5.00 higher, 850 to 900 Steady. Very Good Demand for Several Long Strings and Many Load Lots and Packages which sold on a Strong, Active Market. There were lots of buyers in the seats consisting of the regular crown in addition to several order buyers and farmer feeders who do not regularly attend. Nearly the entire Offering consisted of Spring Born Calves coming straight off the cow, carrying Light to Moderate Flesh, were clean, open haired cattle and had both Spring and Fall vaccinations. The Next Feeder Cattle Sale is October 22, Expecting 5,500 Head.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $313.62/cwt on 2,319 head. That ranks 1 of 7 comparable sales and sits −148.86 against this barn's trailing median of $462.48.
Average price
$313.62
2,319 head · 556 lb average
Value per head Derived
$1,743
Price × average weight ÷ 100
Grade differential Derived
$209
per head · Medium and Large 1 over Large 1-2
$33.88/cwt at this weight
vs the market
−4.41
vs SD average
+14.29 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1555314.881,7462,199
Large 1579291.451,687109
Large 1-2547281.001,53711thin
One grade step is worth $33.88/cwt here — about $209 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 sale2,319 hd
313.62
—
SD average6 barns · 6,029 hd
318.03
−4.41
National average188 barns · 32,793 hd
299.33
+14.29
This barn, trailing median7 sales
462.48
−148.86
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

39 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 · Steers21 lots · lightest first
Steers300–350Medium and Large 1337412.74/cwt402.50–417.001,39189
Steers350–400Medium 1367373.00/cwt373.00–373.001,36930
Steers350–400Medium and Large 1376396.43/cwt390.00–409.001,49158
Steers400–450Medium and Large 1424373.67/cwt350.00–400.001,584395
Steers400–450Large 1430348.03/cwt336.00–355.001,49750
Steers400–450Medium and Large 1-2436336.43/cwt335.00–337.001,46740
Steers450–500Medium and Large 1-2468320.88/cwt318.00–322.501,50238
Steers450–500Medium and Large 1470342.41/cwt325.00–365.001,609702
Steers450–500Medium 1485316.00/cwt316.00–316.001,53318
Steers500–550Medium and Large 1528323.01/cwt308.00–333.001,705947
Steers500–550Large 1-2547281.00/cwt281.00–281.001,53711
Steers550–600Medium and Large 1574309.50/cwt298.50–318.001,7771,204
Steers550–600Large 1579291.45/cwt276.00–298.001,687109
Steers550–600Medium and Large 1Full590289.51/cwt287.00–290.501,70848
Steers600–650Medium and Large 1-2610269.00/cwt269.00–269.001,64110
Steers600–650Large 1Unweaned611269.00/cwt269.00–269.001,6445
Steers600–650Medium and Large 1Unweaned621297.46/cwt287.00–307.501,847948
Steers650–700Medium and Large 1Unweaned660294.54/cwt282.50–299.001,944206
Steers650–700Large 1Unweaned675256.00/cwt256.00–256.001,7285
Steers800–850Medium and Large 1840254.00/cwt254.00–254.002,13411
Steers850–900Medium and Large 1893251.00/cwt251.00–251.002,2416
Feeder Cattle · Heifers17 lots · lightest first
Heifers250–300Medium and Large 1-2291372.50/cwt372.50–372.501,08411
Heifers300–350Medium and Large 1331395.24/cwt380.00–405.001,30818
Heifers350–400Medium and Large 1379350.85/cwt322.00–360.001,330155
Heifers400–450Medium and Large 1436327.75/cwt309.00–339.001,429225
Heifers400–450Medium and Large 1-2437295.82/cwt287.50–304.001,29326
Heifers450–500Medium and Large 1468308.51/cwt293.00–317.001,444171
Heifers450–500Large 1483281.99/cwt281.00–283.001,36244
Heifers450–500Medium and Large 1-2486272.00/cwt272.00–272.001,32224
Heifers500–550Large 1-2512255.00/cwt255.00–255.001,3067
Heifers500–550Medium and Large 1525291.48/cwt280.00–305.001,530701
Heifers500–550Large 1531272.00/cwt272.00–272.001,4446
Heifers550–600Large 1-2561258.00/cwt258.00–258.001,4475
Heifers550–600Medium and Large 1-2565269.37/cwt268.00–271.001,52217
Heifers550–600Medium and Large 1573282.53/cwt275.00–292.001,619632
Heifers550–600Large 1594269.00/cwt269.00–269.001,5986
Heifers600–650Medium and Large 1Unweaned610272.50/cwt272.50–272.501,66288
Heifers850–900Medium and Large 1861236.58/cwt230.00–238.002,03736
Feeder Cattle · Bulls1 lot · lightest first
Bulls550–600Medium and Large 2-3581150.00/cwt150.00–150.008727

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.