Sale reports / South Dakota / Philip Livestock Auction / 2023-11-28

Philip Livestock Auction

Feeder Cattle · Philip, South Dakota · Tue, Nov 28
● Final24 lots reportedUSDA AMS · slug 2023
Receipts
1,312 head
3,572 vs last sale 4,884 2,108 vs year ago 3,420 · 61.6%
View

Reporter comment USDA

As filed

No Feeder Cattle Sale last week due to the Thanksgiving Holiday, comparisons made to two weeks ago. Feeder Steers 450 to 500 10.00 to 12.00 lower, 550 to 600 6.00 to 8.00 lower, 600 to 650 10.00 to 12.00 lower, 700 to 750 10.00 lower, Feeder Heifers 400 to 450 9.00 lower, 450 to 500 8.00 lower, 500 to 550 6.00 lower, 550 to 600 8.00 to 10.00 lower, 600 to 650 5.00 higher. Light Demand for Several Load Lots and Packages of Feeder Steers and Feeder Heifers which sold on a Slow to Moderate Market. The Futures Market continues to trade under expanded limits creating broad daily trading ranges resulting in uncertainty in the market. The Supply mostly consisted of Home Raised calves with Spring and Fall vaccinations, coming straight off the cow, and carrying Light to Moderate Flesh. The next Feeder Cattle Sale is a Weaned Calf Special December 5th, expecting 2,500 Head.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $268.67/cwt on 667 head.
Average price
$268.67
667 head · 578 lb average
Value per head Derived
$1,552
Price × average weight ÷ 100
Grade differential Derived
$419
per head · Medium and Large 1-2 over Medium 3
$120.00/cwt at this weight
vs the market
+14.95
vs SD average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2370310.001,1475thin
Medium and Large 1576271.531,564615
Large 1670235.321,57737
Medium and Large 3471197.509307thin
Medium 3383190.007283thin
One grade step is worth $120.00/cwt here — about $419 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 sale667 hd
268.67
SD average2 barns · 1,781 hd
253.72
+14.95
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

24 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 1484255.00/cwt255.00–255.001,2344
BullsMedium and Large 1883187.50/cwt187.50–187.501,6564
HeifersMedium and Large 1Full401243.00/cwt243.00–243.009747
HeifersMedium and Large 1Full508240.00/cwt240.00–240.001,2198
HeifersMedium and Large 1628251.78/cwt250.00–252.001,581107
HeifersMedium and Large 1559245.05/cwt240.00–246.251,370133
SteersMedium and Large 1651258.00/cwt258.00–258.001,68091
SteersMedium and Large 1-2370310.00/cwt310.00–310.001,1475
SteersMedium 3383190.00/cwt190.00–190.007283
SteersMedium and Large 3471197.50/cwt197.50–197.509307
SteersMedium and Large 1700241.50/cwt241.50–241.501,69119
SteersMedium and Large 1393324.00/cwt324.00–324.001,27321
SteersLarge 1578242.00/cwt242.00–242.001,39916
SteersLarge 11,008205.00/cwt205.00–205.002,0666
SteersMedium and Large 1624249.42/cwt242.00–255.251,556107
SteersMedium and Large 1488296.08/cwt289.00–310.501,445125
SteersMedium and Large 1586271.64/cwt269.00–274.751,592227
SteersLarge 1633240.33/cwt240.00–241.001,52115
HeifersMedium and Large 1463259.37/cwt258.00–260.501,20124
HeifersMedium and Large 1435269.24/cwt264.00–270.001,17179
HeifersMedium and Large 1547252.04/cwt244.50–254.001,379134
HeifersMedium and Large 1-2328257.50/cwt257.50–257.5084512
SteersMedium and Large 1Full432299.50/cwt299.50–299.501,2945
SteersMedium and Large 1Full524263.22/cwt260.00–265.001,37920

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.