Name: Philip Livestock Auction livestock auction prices — 2023-10-24
Creator: RaisedBeef
Published: 2023-10-24

Reporter comment USDA

As filed

Compared to last week Feeder Steers 350 to 450 15.00 to 20.00 lower, 450 to 500 8.00 to 12.00 lower, 500 to 550 4.00 to 8.00 lower, 550 to 700 10.00 to 15.00 lower, Feeder Heifers 350 to 450 8.00 to 12.00 lower, 450 to 550 6.00 lower, 550 to 800 8.00 to 10.00 lower. Good Demand for several long strings and many load lots and packages of Feeder Steers and Feeder Heifers. The Feeder Cattle Futures traded the day on expanded limits and was very volatile during the trading session but then settled with very little change. Today's market Activity displayed very similar action by starting strong becoming moderate during the later part of the morning then finishing on a Stronger, more Active Market. The Market volatility accounts for the broad trading ranges in some of today's classes of cattle, especially experienced in the 450 to 600 steer ranges. Nearly the entire Offering was Home Raised, Off the Cow, and had Spring and Fall Vaccinations. The Next Feeder Cattle Sale is October 31, Expecting 6,500 head.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $292.17/cwt on 5,088 head.

Average price

$292.17

5,088 head · 551 lb average

Value per head Derived

$1,609

Price × average weight ÷ 100

Grade differential Derived

$518

per head · Medium and Large 1 over Medium and Large 2

$51.32/cwt at this weight

vs the market

+1.34

vs SD average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	554	293.86	1,628	4,636
Large 1	529	283.83	1,501	335
Large 1-2	520	273.18	1,420	17thin
Medium and Large 1-2	644	257.22	1,656	18thin
Medium and Large 2	458	242.54	1,110	82

One grade step is worth $51.32/cwt here — about $518 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 sale5,088 hd

292.17

—

SD average11 barns · 27,886 hd

290.84

+1.34

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

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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Heifers	Medium and Large 1	—	810	233.50/cwt	233.50–233.50	1,891	35
Heifers	Medium and Large 2	—	340	217.50/cwt	217.50–217.50	740	37
Heifers	Medium and Large 2	—	684	220.00/cwt	220.00–220.00	1,505	6
Heifers	Medium and Large 1	—	580	260.95/cwt	254.00–266.00	1,514	386
Heifers	Medium and Large 2	—	450	235.00/cwt	235.00–235.00	1,058	55
Heifers	Medium and Large 1	—	530	276.66/cwt	260.00–284.50	1,466	506
Steers	Medium and Large 1	—	419	326.75/cwt	314.00–335.00	1,369	251
Steers	Medium and Large 1Unweaned	—	677	262.32/cwt	257.50–270.00	1,776	141
Steers	Medium and Large 1Unweaned	—	617	275.12/cwt	258.00–287.00	1,697	1,200
Steers	Medium and Large 1	—	522	304.08/cwt	285.00–318.00	1,587	1,137
Steers	Medium and Large 1-2	—	528	272.00/cwt	272.00–272.00	1,436	11
Steers	Medium and Large 2	—	491	240.00/cwt	240.00–240.00	1,178	39
Steers	Medium and Large 1	—	393	329.86/cwt	326.00–347.50	1,296	52
Steers	Large 1-2	—	578	252.00/cwt	252.00–252.00	1,457	8
Steers	Medium and Large 1-2	—	826	234.00/cwt	234.00–234.00	1,933	7
Steers	Large 1	—	543	280.31/cwt	272.00–281.00	1,522	241
Steers	Medium and Large 1	—	573	286.04/cwt	263.00–304.50	1,639	1,282
Steers	Large 1	—	436	310.21/cwt	309.00–311.00	1,353	53
Steers	Medium and Large 1	—	472	322.07/cwt	304.50–342.00	1,520	426
Steers	Medium and Large 2	—	379	250.00/cwt	250.00–250.00	948	37
Steers	Large 1-2	—	468	292.00/cwt	292.00–292.00	1,367	9
Heifers	Medium and Large 1	—	489	275.52/cwt	265.00–290.00	1,347	324
Steers	Medium and Large 2	—	725	213.00/cwt	213.00–213.00	1,544	6
Heifers	Medium and Large 1Unweaned	—	607	255.27/cwt	250.00–259.00	1,549	249
Steers	Medium and Large 1Fancy	—	524	325.50/cwt	325.50–325.50	1,706	110
Steers	Medium and Large 1Full	—	699	249.00/cwt	249.00–249.00	1,741	9
Steers	Medium and Large 1Full	—	468	298.00/cwt	298.00–298.00	1,395	28
Heifers	Medium and Large 1	—	889	225.50/cwt	225.50–225.50	2,005	6
Steers	Large 1	—	567	270.39/cwt	269.00–271.00	1,533	41
Heifers	Large 1-2	—	512	224.00/cwt	224.00–224.00	1,147	8
Heifers	Medium and Large 1-2	—	717	235.50/cwt	235.50–235.50	1,689	7
Heifers	Medium and Large 1	—	374	290.26/cwt	283.00–293.00	1,086	52
Heifers	Medium and Large 1	—	427	283.11/cwt	271.00–297.50	1,209	145
Heifers	Large 1	—	545	255.00/cwt	255.00–255.00	1,390	28
Heifers	Medium 1	—	540	262.00/cwt	262.00–262.00	1,415	31

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.

South Dakota feeder prices, every weight →Every state and region →