Sale reports / South Dakota / Philip Livestock Auction / 2020-04-07

Philip Livestock Auction

Feeder Cattle · Philip, South Dakota · Tue, Apr 7
● Final16 lots reportedUSDA AMS · slug 2023
Receipts
904 head
848 vs last sale 1,752 904 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to two weeks ago: Feeder cattle offerings too limited this week to make a complete comparison, lower undertones evident. Just a few strings of steers and heifers offered this week as many consignors canceled due to the current weakness in the market. As the futures contracts fell sharply last week, and then rose limit higher today, cattle producers are hesitant to sell cattle as so much uncertainty exists. Feeder cattle special sale scheduled for Apr. 21, 2020.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $137.34/cwt on 478 head.
Average price
$137.34
478 head · 635 lb average
Value per head Derived
$872
Price × average weight ÷ 100
Grade differential Derived
−$250
per head · Medium and Large 1-2 over Large 1
$21.81/cwt at this weight
vs the market
+15.63
vs SD average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2404150.2160758
Medium and Large 1667136.56910369
Large 1668128.3985751
One grade step is worth $21.81/cwt here — about −$250 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale478 hd
137.34
SD average6 barns · 4,574 hd
121.72
+15.63
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot, as filed

16 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersLarge 1Fleshy736121.00/cwt121.00–121.0089125
HeifersMedium and Large 1-2Full696116.00/cwt116.00–116.008075
BullsMedium and Large 1-2514133.00/cwt133.00–133.006848
HeifersLarge 1602135.50/cwt135.50–135.5081626
HeifersMedium and Large 1528141.50/cwt141.50–141.507478
HeifersMedium and Large 1631139.72/cwt139.50–139.7588281
HeifersMedium and Large 1681135.50/cwt135.50–135.50923280
HeifersMedium and Large 1-2383154.00/cwt154.00–154.0059038
SteersMedium and Large 1-2374163.00/cwt163.00–163.006108
SteersMedium and Large 1-2543146.00/cwt146.00–146.007938
HeifersMedium and Large 1-2424142.00/cwt142.00–142.006025
HeifersMedium and Large 1-2328157.00/cwt157.00–157.0051510
SteersMedium and Large 1821126.25/cwt126.00–126.501,037146
SteersMedium and Large 1598153.00/cwt153.00–153.009155
SteersMedium and Large 1737136.50/cwt136.50–136.501,00677
SteersMedium and Large 1-2478158.50/cwt158.50–158.507587

How this sale compares

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.