Sale reports / South Dakota / Philip Livestock Auction / 2023-11-07

Philip Livestock Auction

Feeder Cattle · Philip, South Dakota · Tue, Nov 7
● Final54 lots reportedUSDA AMS · slug 2023
Receipts
6,695 head
1,417 vs last sale 5,278 1,804 vs year ago 4,891 · +36.9%
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Reporter comment USDA

As filed

Compared to last week Feeder Steers 350 to 400 10.00 to 12.00 lower, 400 to 450 6.00 to 8.00 lower, 450 to 550 5.00 to 7.00 lower, 550 to 600 Steady to 2.00 higher, 600 to 700 4.00 to 6.00 lower, Feeder Heifers 350 to 400 4.00 to 6.00 lower, 400 to 450 2.00 to 4.00 lower, 450 to 500 8.00 to 10.00 lower, 500 to 550 10.00 to 12.00 lower, 550 to 650 7.00 to 9.00 lower. Very Good Demand for several long Strings and Many Load Lots and Packages of Feeder Steers and Feeder Heifers which sold on a Moderate to Active Market. Nearly the entire Supply consisted of Home Raised Calves, off the cow, with Spring and Fall vaccinations, carrying Light to Moderate Flesh. The Feeder Cattle Futures closed sharply lower today which reflected in a Slower Market in the last half of today's sale. The Next Feeder Cattle Sale is November 14, Expecting 5,000 head.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $290.25/cwt on 4,067 head.
Average price
$290.25
4,067 head · 567 lb average
Value per head Derived
$1,646
Price × average weight ÷ 100
Grade differential Derived
$1,409
per head · Medium and Large 1 over Medium 3-4
$187.26/cwt at this weight
vs the market
+3.40
vs SD average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1569297.261,6913,179
Medium and Large 1-2473294.211,39062
Medium 1503287.191,443155
Large 1-2477279.121,33227
Large 1610267.001,630566
Medium 3457188.9186347
Medium and Large 3404186.9675523
Medium 3-4256110.002828thin
One grade step is worth $187.26/cwt here — about $1,409 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 sale4,067 hd
290.25
SD average11 barns · 31,489 hd
286.85
+3.40
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

54 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
SteersMedium and Large 3504180.00/cwt180.00–180.009077
SteersMedium and Large 1425352.99/cwt342.00–359.001,50082
SteersMedium and Large 1383352.11/cwt341.00–355.001,34944
SteersMedium and Large 1479332.89/cwt311.00–353.001,595448
SteersMedium and Large 1-2399322.50/cwt322.50–322.501,2878
SteersMedium and Large 1-2450300.00/cwt300.00–300.001,35035
SteersMedium and Large 1-2545271.63/cwt271.00–272.001,48019
SteersMedium and Large 3360190.00/cwt190.00–190.0068416
SteersLarge 1-2467285.17/cwt260.00–294.001,33222
SteersMedium 1481298.00/cwt298.00–298.001,43359
SteersMedium and Large 1525309.99/cwt301.00–317.001,627392
SteersMedium and Large 1678270.85/cwt266.00–278.001,836358
SteersLarge 1-2522252.50/cwt252.50–252.501,3185
SteersMedium and Large 1575291.49/cwt274.00–306.501,676828
SteersMedium and Large 1616270.66/cwt265.50–278.001,667655
SteersMedium 1421302.00/cwt302.00–302.001,27114
SteersLarge 1616255.00/cwt255.00–255.001,57116
SteersLarge 1474301.00/cwt301.00–301.001,4276
SteersLarge 1531278.50/cwt278.50–278.501,47995
SteersLarge 1362315.00/cwt315.00–315.001,14017
SteersMedium 1532276.88/cwt264.50–279.751,47382
HeifersMedium and Large 1-2435277.00/cwt277.00–277.001,20523
HeifersMedium 429575.00/cwt75.00–75.002218
HeifersMedium and Large 3373150.00/cwt150.00–150.0056030
HeifersLarge 1641239.25/cwt239.25–239.251,534100
HeifersMedium and Large 1Full434272.00/cwt272.00–272.001,1808
BullsLarge 1-2538180.00/cwt180.00–180.009685
HeifersMedium and Large 1-2537250.00/cwt250.00–250.001,34326
HeifersMedium and Large 1-2486253.54/cwt252.50–257.001,23238
HeifersMedium 2-3463195.00/cwt195.00–195.0090316
HeifersMedium and Large 2540232.50/cwt232.50–232.501,25610
HeifersMedium and Large 2409259.00/cwt259.00–259.001,0599
HeifersMedium and Large 1-2374280.00/cwt280.00–280.001,0477
HeifersMedium and Large 1669242.50/cwt242.50–242.501,62286
HeifersMedium and Large 1858234.00/cwt234.00–234.002,00861
HeifersMedium and Large 1369304.95/cwt296.00–313.001,12529
HeifersMedium and Large 1842233.00/cwt233.00–233.001,96225
HeifersMedium and Large 1523259.66/cwt250.50–269.001,358467
HeifersMedium and Large 1576257.71/cwt252.00–264.501,484406
HeifersMedium and Large 1Replacement528287.65/cwt279.00–295.501,519226
HeifersMedium 1485256.00/cwt256.00–256.001,24240
HeifersMedium and Large 1970224.50/cwt224.50–224.502,17813
HeifersMedium and Large 1428294.83/cwt284.00–296.501,262257
HeifersMedium and Large 1481271.41/cwt265.00–278.001,305206
HeifersMedium and Large 1616248.22/cwt248.00–249.001,529116
SteersMedium and Large 1702249.00/cwt249.00–249.001,74823
SteersLarge 1588265.35/cwt259.00–275.001,560186
SteersMedium and Large 1Full442309.00/cwt309.00–309.001,36633
SteersMedium and Large 1Full539286.00/cwt286.00–286.001,54221
SteersMedium and Large 1Fancy624293.50/cwt293.50–293.501,83192
SteersMedium and Large 1Fancy564322.00/cwt322.00–322.001,816203
SteersLarge 1678260.43/cwt258.00–261.751,766246
SteersMedium 3-4256110.00/cwt110.00–110.002828
SteersMedium 3457188.91/cwt160.00–192.5086347

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.