Cattle Market Pulse

Philip Livestock Auction Market Report

Philip, South Dakota · USDA-reported Auction Livestock

Sale of Tuesday, January 23, 2024

4,448 head sold ·Official USDA report

This is an archived report. See the latest Philip Livestock Auction report →

heavy 8-weight M&L 1 steers $230.00/cwt ≈ $1,999/hd at 869 lb · 631 head
light 7-weight M&L 1 steers $251.52/cwt +4.52 vs last sale · ≈ $1,813/hd at 721 lb · 431 head
heavy 6-weight M&L 1 steers $268.21/cwt +18.37 vs last sale · ≈ $1,816/hd at 677 lb · 397 head
HeadThis saleLast saleLast year
Total receipts 4,448 2,426 4,179
Feeder cattle 4,448 2,426 4,179

Sale not recently reported due to the Christmas and New Year Holidays and weather cancellations therefore no market comparison may be made. Very Good Demand for Many Long strings, Load Lots, and Packages of Feeder Steers and Feeder Heifers which sold on a Very Active Market. Nearly the entire Supply was Home Raised, Weaned, had Spring and Fall Vaccinations and carried light to Moderate Flesh with some instances of Moderate Plus to Fleshy weighing conditions. There was some tagg on the calves due to the recent winter weather but overall the presentation was Attractive with predominately a favorable weighup. The next Feeder Cattle Sale is February 6, expecting 2,000 Head.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
458–495 471 50 318.00–342.00 $331.86 $1,563 +28.90
502–543 530 46 309.00–320.00 $311.80 $1,653 +2.73
570–579 574 15 278.00–279.00 $278.40 $1,598 -13.65
554–594 583 147 281.00–312.00 $293.18 $1,709 +34.18
603–628 624 180 280.00–293.50 $290.36 $1,812 +23.53
636 636 7 270.00 $270.00 $1,717 +3.17
656–688 677 397 260.50–280.00 $268.21 $1,816 +18.37
701–741 721 431 243.50–256.00 $251.52 $1,813 +4.52
764–775 769 363 242.00–249.50 $246.88 $1,899 +11.88
856–880 864 418 234.25 $234.25 $2,024
873–887 879 213 220.00–222.50 $221.66 $1,948
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
471 471 5 302.00 $302.00 $1,422 +20.00
501–516 503 67 289.50–296.00 $290.30 $1,460
604 604 27 283.00 $283.00 $1,709
652–671 664 19 248.00–262.00 $253.06 $1,680
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
624 624 17 271.00 $271.00 $1,691 +19.00
706 706 6 223.00 $223.00 $1,574
873 873 70 215.50 $215.50 $1,881
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
543 543 9 292.00 $292.00 $1,586 +8.00
639 639 7 262.00 $262.00 $1,674

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
396 396 6 300.00 $300.00 $1,188 +30.00
458 458 25 309.00 $309.00 $1,415 +33.42
531 531 30 279.50–289.50 $287.17 $1,525 +29.51
539 539 9 272.00 $272.00 $1,466 +14.34
553–590 566 69 273.00–290.50 $285.97 $1,619 +49.77
611–645 638 268 248.50–268.00 $255.15 $1,628 +13.15
638 638 12 244.00 $244.00 $1,557 +2.00
652–683 670 116 234.00–251.00 $247.03 $1,655
701–736 715 199 226.00–240.00 $231.70 $1,657 +20.70
797–798 797 147 222.50 $222.50 $1,773 +17.50
806–822 814 290 222.50 $222.50 $1,811
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
546 546 7 269.00 $269.00 $1,469 +36.50
638–640 639 62 237.00–238.50 $238.11 $1,522
658–692 672 236 231.00–234.00 $232.79 $1,564
783 783 74 210.00 $210.00 $1,644
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
457 457 36 267.50 $267.50 $1,222
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
502–527 517 12 272.00–277.00 $274.02 $1,417
Medium and Large 2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
423 423 11 240.00 $240.00 $1,015

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What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.