Name: Philip Livestock Auction livestock auction prices — 2024-10-08
Creator: RaisedBeef
Published: 2024-10-08

Reporter comment USDA

As filed

Sale not recently reported, therefore no market comparison may be made. Very Good Demand for Several Long Strings, Load Lots, and Many Packages of Feeder Steers, Feeder Heifers, and Tested Open Heifers which sold on a Strong, Active Market. All the Yearlings were off grass and carried Light to Moderate Flesh with no tagg and a favorable weigh-up. This sale was the first real test of the season for Spring Calves coming straight off the cow. There were several sets of high quality calves with quite a few buyers getting in on the action. The Next Feeder Cattle Sale is October 15, Expecting 8,000 head, consisting nearly entirely of Spring Calves.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $312.83/cwt on 466 head. That ranks 1 of 4 comparable sales and sits −152.43 against this barn's trailing median of $465.26.

Average price

$312.83

466 head · 552 lb average

Value per head Derived

$1,725

Price × average weight ÷ 100

Grade differential Derived

$118

per head · Medium and Large 1 over Medium 1

$26.63/cwt at this weight

vs the market

−0.41

vs SD average

+18.52 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	546	316.63	1,729	385
Large 1	581	295.70	1,718	68
Medium 1	556	290.00	1,612	13thin

One grade step is worth $26.63/cwt here — about $118 a head. Across this sale the premium is widest at 600–700 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

4 sales

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 sale466 hd

312.83

—

SD average6 barns · 2,174 hd

313.24

−0.41

National average177 barns · 23,944 hd

294.31

+18.52

This barn, trailing median4 sales

465.26

−152.43

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
Steers	Medium 1Unweaned	600–650	647	262.00/cwt	262.00–262.00	1,695	7
Heifers	Large 1	900–950	940	226.50/cwt	226.50–226.50	2,129	5
Heifers	Large 1	550–600	582	283.00/cwt	283.00–283.00	1,647	7
Heifers	Large 1	500–550	542	279.50/cwt	279.50–279.50	1,515	55
Heifers	Medium and Large 1	350–400	397	323.49/cwt	323.00–325.00	1,284	24
Heifers	Medium and Large 1	800–850	825	240.83/cwt	240.00–242.00	1,987	129
Heifers	Medium and Large 1	500–550	522	296.72/cwt	292.50–297.00	1,549	97
Steers	Medium and Large 1-2Unweaned	600–650	610	277.00/cwt	277.00–277.00	1,690	11
Steers	Medium and Large 1Unweaned	650–700	666	284.50/cwt	284.50–284.50	1,895	83
Steers	Medium and Large 1Unweaned	600–650	635	286.64/cwt	277.00–289.75	1,820	119
Steers	Medium 1	500–550	546	293.00/cwt	293.00–293.00	1,600	7
Steers	Medium and Large 1	350–400	384	367.50/cwt	367.50–367.50	1,411	15
Steers	Medium 1	550–600	567	286.50/cwt	286.50–286.50	1,624	6
Steers	Medium and Large 1	800–850	821	241.37/cwt	240.25–246.00	1,982	40
Steers	Medium and Large 1	950–1000	981	236.00/cwt	236.00–236.00	2,315	52
Steers	Large 1Full	650–700	684	232.00/cwt	232.00–232.00	1,587	5
Steers	Medium and Large 1	500–550	545	318.10/cwt	311.00–324.50	1,734	292
Steers	Large 1	550–600	581	295.70/cwt	284.50–297.00	1,718	68
Steers	Medium and Large 1	300–350	336	367.50/cwt	367.50–367.50	1,235	10
Steers	Medium and Large 1	400–450	439	336.37/cwt	334.00–340.00	1,477	35
Steers	Medium and Large 1	550–600	550	312.00/cwt	312.00–312.00	1,716	93
Heifers	Medium 1	550–600	573	267.50/cwt	267.50–267.50	1,533	8
Steers	Medium and Large 1	450–500	480	339.73/cwt	321.00–343.50	1,631	242
Heifers	Medium and Large 1Replacement	600–650	605	279.00/cwt	279.00–279.00	1,688	30
Heifers	Medium and Large 1	900–950	936	233.50/cwt	233.50–233.50	2,186	12
Heifers	Medium and Large 1Unweaned	600–650	615	267.00/cwt	267.00–267.00	1,642	100
Heifers	Medium and Large 1	750–800	797	242.50/cwt	242.50–242.50	1,933	26
Heifers	Medium and Large 1	450–500	469	297.89/cwt	296.00–303.00	1,397	155
Steers	Large 1	450–500	464	326.00/cwt	326.00–326.00	1,513	11
Heifers	Medium and Large 1	300–350	330	342.50/cwt	342.50–342.50	1,130	7
Heifers	Medium and Large 1-2	600–650	633	254.50/cwt	254.50–254.50	1,611	5
Heifers	Medium and Large 1	400–450	430	305.85/cwt	304.00–313.00	1,315	43
Heifers	Medium and Large 1	950–1000	978	226.19/cwt	222.50–230.50	2,212	52
Heifers	Medium and Large 1-2	750–800	750	238.50/cwt	238.50–238.50	1,789	5
Heifers	Medium and Large 1	850–900	889	237.34/cwt	236.50–237.50	2,110	159

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 →