Sale reports / South Dakota / Philip Livestock Auction / 2022-03-08

Philip Livestock Auction

Feeder Cattle · Philip, South Dakota · Tue, Mar 8
● Final25 lots reportedUSDA AMS · slug 2023
Receipts
2,008 head
▲ 134 vs last sale 1,874▼ 213 vs year ago 2,221 · −9.6%
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Reporter comment USDA

As filed

Compared to two weeks ago Feeder Steers under 600 1.00 lower, 600 to 750 8.00 to 10.00 lower, over 750 not well compared, Feeder Heifers under 550 Steady to 4.00 higher, 550 to 650 Steady to 4.00 lower, 650 to 750 8.00 to 12.00 lower. Despite the extreme movements in the futures markets the War in Ukraine has created there was Good Demand for today's Supply. Load Lots sold on an Active Market, Packages sold on a Moderate Market. The next Feeder Cattle Sale is March 22. We certainly pray the situation in Ukraine will deescalate.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $162.49/cwt on 1,014 head.
Average price
$162.49
1,014 head · 652 lb average
Value per head Derived
$1,059
Price × average weight ÷ 100
Grade differential Derived
$79
per head · Medium and Large 1 over Medium and Large 1-2
$6.62/cwt at this weight
vs the market
+8.26
vs SD average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1652162.621,061991
Large 1626157.1798315thin
Medium and Large 1-2629156.009818thin
One grade step is worth $6.62/cwt here — about $79 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 sale1,014 hd
162.49
—
SD average9 barns · 16,680 hd
154.23
+8.26
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

25 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
BullsMedium and Large 1—596170.00/cwt170.00–170.001,0138
HeifersLarge 1—791139.50/cwt139.50–139.501,1035
HeifersLarge 1—543166.00/cwt166.00–166.0090110
HeifersMedium and Large 1—471186.12/cwt178.00–193.0087716
HeifersMedium and Large 1—593171.95/cwt170.00–174.501,02039
HeifersMedium and Large 1Replacement—758152.00/cwt152.00–152.001,15280
SteersMedium and Large 1—468210.75/cwt206.00–217.0098634
SteersMedium and Large 1—864152.00/cwt152.00–152.001,31368
SteersMedium and Large 1—826145.50/cwt145.50–145.501,20213
SteersMedium and Large 1—415217.50/cwt217.50–217.5090319
SteersMedium and Large 1—582206.35/cwt206.00–206.751,201170
SteersMedium and Large 1—677178.08/cwt175.00–186.501,20682
SteersMedium and Large 1—514205.48/cwt197.00–207.001,056100
HeifersMedium and Large 1—422200.88/cwt187.00–202.50848149
SteersMedium and Large 1—634191.68/cwt188.00–195.501,21556
HeifersMedium and Large 1—725147.40/cwt143.50–149.501,069382
HeifersMedium and Large 1Replacement—615181.00/cwt181.00–181.001,11324
SteersMedium and Large 1Fleshy—827137.50/cwt137.50–137.501,1375
SteersMedium and Large 1—738161.61/cwt160.75–162.501,193141
HeifersMedium and Large 1—630164.88/cwt160.00–176.001,03980
SteersMedium and Large 1—783152.77/cwt152.50–153.001,196131
HeifersMedium and Large 1—673152.37/cwt150.00–155.001,02569
HeifersMedium and Large 1-2—629156.00/cwt156.00–156.009818
HeifersMedium and Large 1—835146.00/cwt146.00–146.001,21974
HeifersMedium and Large 1—535182.40/cwt181.00–186.5097678

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.