Sale reports / South Dakota / Philip Livestock Auction / 2024-10-29

Philip Livestock Auction

Feeder Cattle · Philip, South Dakota · Tue, Oct 29
● Final42 lots reportedUSDA AMS · slug 2023
Receipts
8,484 head
▲ 8,484 vs last sale 0▲ 8,484 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last week Feeder Steers 400 to 450 Steady, 450 to 550 4.00 to 6.00 higher, 550 to 650 Steady, other classes of Feeder Steers not well compared; Feeder Heifers under 500 Steady to 2.00 higher, 500 to 600 4.00 to 6.00 higher, 800 to 850 3.00 higher, other classes of Feeder Heifers not well compared. Very Good Demand for Several Long Strings, and Many Load Lots and Packages of Feeder Steers and Feeder Heifers which sold on a Strong, Active Market. The vast majority of the Offering was Spring born calves carrying Light to Moderate Flesh and had both Spring and Fall vaccinations. Much of the Offering were clean open haired cattle with a very attractive presentation. The next Feeder Cattle Sale is November 5th, expecting 5,500 Spring Calves. Remember to Vote on Election Day!

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $322.84/cwt on 2,874 head. That ranks 1 of 7 comparable sales and sits −139.64 against this barn's trailing median of $462.48.
Average price
$322.84
2,874 head · 549 lb average
Value per head Derived
$1,773
Price × average weight ÷ 100
Grade differential Derived
$177
per head · Medium and Large 1 over Medium and Large 1-2
$24.51/cwt at this weight
vs the market
+2.79
vs SD average
+22.15 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1549323.261,7752,822
Large 1585302.001,76724
Medium and Large 1-2535298.751,59828
One grade step is worth $24.51/cwt here — about $177 a head. Across this sale the premium is widest at 300–400 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 sale2,874 hd
322.84
—
SD average11 barns · 12,107 hd
320.05
+2.79
National average185 barns · 40,108 hd
300.69
+22.15
This barn, trailing median7 sales
462.48
−139.64
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

42 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
Steers250–300Medium and Large 1280422.50/cwt422.50–422.501,18310
Steers300–350Medium and Large 2-3311315.00/cwt315.00–315.0098039
Steers300–350Medium and Large 1328408.70/cwt402.50–425.001,34154
Steers350–400Medium and Large 1-2381371.26/cwt345.00–387.501,41537
Steers350–400Medium and Large 1387390.36/cwt382.00–410.001,511216
Steers400–450Medium and Large 2-3416310.00/cwt310.00–310.001,29053
Steers400–450Medium and Large 1430374.62/cwt357.50–402.001,611606
Steers400–450Medium and Large 1-2437353.76/cwt350.00–355.001,54620
Steers450–500Medium and Large 1474354.76/cwt330.00–367.501,682837
Steers450–500Large 1477326.58/cwt325.00–327.001,55848
Steers500–550Medium and Large 1522334.13/cwt307.00–346.001,7441,301
Steers500–550Medium and Large 1-2535298.75/cwt298.00–299.001,59828
Steers550–600Medium and Large 1572314.29/cwt306.00–324.501,7981,499
Steers550–600Large 1585302.00/cwt302.00–302.001,76724
Steers550–600Medium and Large 1Full592291.00/cwt291.00–291.001,72322
Steers600–650Medium and Large 1Unweaned628300.78/cwt292.00–308.501,889669
Steers600–650Large 1Unweaned632287.48/cwt277.00–289.501,81730
Steers650–700Large 1Unweaned652279.00/cwt279.00–279.001,81920
Steers650–700Medium and Large 1Unweaned660294.75/cwt291.00–297.501,945156
Steers700–750Medium and Large 1-2748253.00/cwt253.00–253.001,8925
Feeder Cattle · Heifers21 lots · lightest first
Heifers200–250Medium and Large 1-2225380.00/cwt380.00–380.008556
Heifers250–300Medium and Large 1284397.50/cwt397.50–397.501,1299
Heifers300–350Medium and Large 2-3311240.00/cwt240.00–240.0074635
Heifers300–350Medium and Large 1320380.00/cwt380.00–380.001,21614
Heifers350–400Medium and Large 1367351.49/cwt331.00–367.501,290189
Heifers350–400Medium and Large 1-2394295.00/cwt295.00–295.001,1625
Heifers400–450Medium and Large 1-2402302.50/cwt302.50–302.501,2168
Heifers400–450Medium and Large 2-3421266.00/cwt266.00–266.001,12050
Heifers400–450Medium and Large 1425326.91/cwt317.00–335.001,389485
Heifers450–500Medium and Large 1-2467282.20/cwt276.00–289.001,31823
Heifers450–500Medium and Large 1479307.19/cwt298.00–314.001,471352
Heifers450–500Large 1482284.66/cwt275.00–292.001,37263
Heifers500–550Large 1520284.24/cwt284.00–285.001,47856
Heifers500–550Medium and Large 1534299.40/cwt280.00–308.001,599499
Heifers550–600Medium and Large 1555291.85/cwt289.00–295.001,62094
Heifers550–600Large 1582272.63/cwt270.50–279.001,58779
Heifers600–650Medium and Large 1Unweaned621273.30/cwt271.00–280.001,697241
Heifers750–800Medium and Large 1786257.50/cwt257.50–257.502,0244
Heifers800–850Medium and Large 1841244.75/cwt244.75–244.752,05833
Heifers850–900Medium and Large 1873244.75/cwt244.75–244.752,13725
Heifers900–950Large 1918232.00/cwt232.00–232.002,1306
Feeder Cattle · Bulls1 lot · lightest first
Bulls500–550Medium and Large 1510320.00/cwt320.00–320.001,6326

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.