Cattle Market Pulse

Philip Livestock Auction Market Report

Philip, South Dakota · USDA-reported Auction Livestock

Sale of Tuesday, March 19, 2024

1,142 head sold ·Official USDA report

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

light 7-weight M&L 1 steers $286.71/cwt +8.98 vs last sale · ≈ $2,093/hd at 730 lb · 269 head
heavy 6-weight M&L 1 heifers $275.42/cwt +15.68 vs last sale · ≈ $1,829/hd at 664 lb · 171 head
heavy 6-weight M&L 1 steers $308.61/cwt +30.96 vs last sale · ≈ $2,052/hd at 665 lb · 128 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,142 2,782 2,679
Feeder cattle 1,142 2,782 2,679

Market comments — USDA reporter

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.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
426 426 7 357.50 $357.50 $1,523 +18.94
494 494 7 350.00 $350.00 $1,729 —
514–523 522 37 343.00–350.00 $348.92 $1,821 +11.84
581 581 16 290.00 $290.00 $1,685 -10.00
576–598 585 36 324.50–337.00 $334.66 $1,958 +34.66
613–638 633 109 298.00–311.00 $309.38 $1,958 +7.81
651–696 665 128 287.00–320.00 $308.61 $2,052 +39.61
704–749 730 269 270.00–292.00 $286.71 $2,093 +8.98
831 831 80 258.75 $258.75 $2,150 +11.72
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
648 648 28 290.00 $290.00 $1,879 —
775 775 73 262.00 $262.00 $2,030 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
436 436 4 330.00 $330.00 $1,439 —
524 524 9 311.00 $311.00 $1,630 +0.45

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
428–442 434 19 310.00–328.00 $320.28 $1,390 +0.78
505–542 523 25 302.00–311.00 $307.18 $1,607 +4.72
577–582 581 39 302.00–303.50 $303.16 $1,761 +18.47
618–648 646 109 280.50–283.00 $280.70 $1,813 +8.58
651–670 664 171 270.00–286.00 $275.42 $1,829 +15.68
706 706 29 258.00 $258.00 $1,821 +0.64
752 752 77 255.50 $255.50 $1,921 +4.63
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
528 528 6 299.00 $299.00 $1,579 —
737 737 6 251.00 $251.00 $1,850 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
377 377 5 330.00 $330.00 $1,244 —
484 484 6 285.00 $285.00 $1,379 -20.00
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
700 700 5 246.00 $246.00 $1,722 —

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Reading this report

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.