Sale reports / South Dakota / Philip Livestock Auction / 2024-03-19

Philip Livestock Auction

Feeder Cattle · Philip, South Dakota · Tue, Mar 19
● Final25 lots reportedUSDA AMS · slug 2023
Receipts
1,142 head
1,640 vs last sale 2,782 1,537 vs year ago 2,679 · 57.4%
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Reporter comment USDA

As filed

The last Feeder Cattle Sale was three weeks ago, therefore no market comparison may be made. Very Good Demand for Several Load Lots and Many Packages of Feeder Steers and Feeder Heifers which sold on a Strong, Active Market. There were several new buyers in attendance and nearly all buyers got something bought. The entire Offering was Home Raised and carried Light to Moderate Flesh, with the vast majority suitable for grass. Much of the area has experienced unseasonably warm, dry weather and the cattle were clean and open haired with a very attractive presentation. The Next Feeder Cattle Sale is April 16.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $330.58/cwt on 98 head. That ranks 1 of 4 comparable sales and sits 134.68 against this barn's trailing median of $465.26.
Average price
$330.58
98 head · 555 lb average
Value per head Derived
$1,835
Price × average weight ÷ 100
Grade differential Derived
$226
per head · Medium and Large 1 over Medium and Large 1-2
$21.56/cwt at this weight
vs the market
4.99
vs SD average
+12.29 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1558332.561,85689
Medium and Large 1-2524311.001,6309thin
One grade step is worth $21.56/cwt here — about $226 a head. Across this sale the premium is widest at 700–800 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

4 sales
510464418373median 465.2601/2002/1002/2407/2807/28
Steers 500–600 lb: high $496.22, low $386.56, median $465.26 across 4 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only
This sale98 hd
330.58
SD average6 barns · 1,539 hd
335.57
−4.99
National average173 barns · 12,551 hd
318.29
+12.29
This barn, trailing median4 sales
465.26
−134.68
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
HeifersLarge 1700–750700246.00/cwt246.00–246.001,7225
SteersLarge 1600–650648290.00/cwt290.00–290.001,87928
SteersLarge 1750–800775262.00/cwt262.00–262.002,03173
HeifersMedium 1500–550528299.00/cwt299.00–299.001,5796
HeifersMedium 1700–750737251.00/cwt251.00–251.001,8506
SteersMedium and Large 1Fleshy550–600581290.00/cwt290.00–290.001,68516
SteersMedium and Large 1400–450426357.50/cwt357.50–357.501,5237
SteersMedium and Large 1600–650633309.38/cwt298.00–311.001,958109
HeifersMedium and Large 1600–650646280.70/cwt280.50–283.001,813109
SteersMedium and Large 1450–500494350.00/cwt350.00–350.001,7297
HeifersMedium and Large 1750–800752255.50/cwt255.50–255.501,92177
SteersMedium and Large 1-2400–450436330.00/cwt330.00–330.001,4394
HeifersMedium and Large 1650–700664275.42/cwt270.00–286.001,829171
SteersMedium and Large 1-2500–550524311.00/cwt311.00–311.001,6309
HeifersMedium and Large 1550–600581303.16/cwt302.00–303.501,76139
SteersMedium and Large 1700–750730286.71/cwt270.00–292.002,093269
HeifersMedium and Large 1-2450–500484285.00/cwt285.00–285.001,3796
SteersMedium and Large 1800–850831258.75/cwt258.75–258.752,15080
HeifersMedium and Large 1700–750706258.00/cwt258.00–258.001,82129
HeifersMedium and Large 1400–450434320.28/cwt310.00–328.001,39019
HeifersMedium and Large 1500–550523307.18/cwt302.00–311.001,60725
SteersMedium and Large 1500–550522348.92/cwt343.00–350.001,82137
SteersMedium and Large 1550–600585334.66/cwt324.50–337.001,95836
SteersMedium and Large 1650–700665308.61/cwt287.00–320.002,052128
HeifersMedium and Large 1-2350–400377330.00/cwt330.00–330.001,2445

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.