Philip Livestock Auction market report — October 20, 2026

Philip, SD · Tuesday sale · USDA report published 10/20/2026 · Sale days

Head sold
4,590
Last week 8,119 (−3529)
Last year 4,897
5-wt steers (500–599 lb)
$465.30 /cwt
$2,574 per head · 1,447 hd
vs last week +8.77
7-wt steers (700–799 lb)
$402.00 /cwt
$2,822 per head · 92 hd
vs last week +13.50

Compared to last week Feeder Steers under 500 Steady, 500 to 550 8.00 to 10.00 higher, 550 to 600 5.00 higher, 600 to 650 8.00 to 10.00 higher, 650 to 700 5.00 to 8.00 higher, Feeder Heifers 400 to 450 Steady, 450 to 500 5.00 to 8.00 higher, 450 to 650 5.00 to 8.00 lower. Good Demand in the seats and on the Internet for Many Load Lots, Part Loads, and Packages which sold on a Moderate to Active Market. The entire Offering was Home Raised, had Spring and Fall vaccinations, and came straight off the cow. Presentation was attractive with calves featuring clean, shiny hair with no tagg, mostly Light to Moderate Flesh, and a favorable weigh-up. The Next Sale is October 21, Weigh-Up Cow Special; Next Feeder Cattle Sale October 27 Spring Calf and Yearling Special with 7,000 Spring Calves on the books.

USDA Market News reporter, October 20, 2026

Feeder steers — Oct 20

WeightHeadAvg wt$/cwt$/headvs last weekvs last year
300–399 lb61387 lb$596.73$2,309−0.42−1.30
400–499 lb363471 lb$510.06$2,403−9.14−40.15
500–599 lb1,447553 lb$465.30$2,574+8.77−28.37
600–699 lb1,202627 lb$430.88$2,699+18.42−32.00
700–799 lb92702 lb$402.00$2,822+13.50−26.00
Steers, Medium and Large frame, No. 1 and 1–2 muscle, regular lots, head-weighted by 100-lb band. Last week = sale of Oct 13. Last year = sale of Oct 21.

Feeder heifers — Oct 20

WeightHeadAvg wt$/cwt$/headvs last weekvs last year
300–399 lb47334 lb$546.17$1,825+8.92+6.09
400–499 lb397480 lb$462.27$2,217+2.50−30.03
500–599 lb415546 lb$412.51$2,254−5.75−30.40
600–699 lb126639 lb$375.90$2,401−7.89−13.69
Heifers, Medium and Large frame, No. 1 and 1–2 muscle, regular lots, head-weighted by 100-lb band. Last week = sale of Oct 13. Last year = sale of Oct 21.

Slaughter cows — Oct 20

No slaughter cows reported at the latest sale.

Price trends

Steers 500–599 lb Rising

Latest (week of October 19, 2026)
$465.30/cwt
4-week average
$461.43
13-week average
$447.05
4-week vs 13-week
+3.2%
52-wk low $386.56high $496.22

Sales in 6 of the last 13 weeks.

Steers 700–799 lb Steady

Latest (week of October 19, 2026)
$402.00/cwt
4-week average
$395.25
13-week average
$395.25
4-week vs 13-week
0.0%
52-wk low $362.50high $408.38

Sales in 2 of the last 13 weeks.

Heifers 500–599 lb Rising

Latest (week of October 19, 2026)
$412.51/cwt
4-week average
$412.92
13-week average
$393.77
4-week vs 13-week
+4.9%
52-wk low $350.00high $455.98

Sales in 6 of the last 13 weeks.

Direction compares the 4-week average with the 13-week average: Rising +1% or more, Steady within ±1%, Easing −1% to −3%, Falling −3% or more. Weekly prices are head-weighted averages of Medium and Large No. 1 and 1–2 feeder cattle, regular lots.

The label describes recent prices; it is not a forecast. In our backtest of every barn since 2019 (about 35,000 barn-weeks), barns labeled Falling went on to beat other barns' average move over the next 13 weeks 61% of the time, and barns labeled Rising trailed it 56% of the time.

Last 52 weeks

Weekly average $/cwt4-week average

Price history since 2019

Weekly average $/cwt

When to sell: the seasonal pattern

5-weight steers

For 500–599 lb steers, prices since 2019 ran highest against their yearly average in Feb and Mar and lowest in Apr and Nov.

Monthvs year avgPatternYears aboveYears
Jan+2.0%100%4
Feb+6.9%100%3
Mar+3.5%100%3
Apr−4.5%33%3
May+0.3%33%3
Jun——1
Jul+0.5%33%3
Aug——1
Sep−0.8%67%3
Oct−2.2%33%3
Nov−3.5%0%4
Dec+0.3%50%4
Each month's head-weighted average price compared with the centered 12-month average around it, then averaged across years. Past patterns are not a forecast.

7-weight steers

For 700–799 lb steers, prices since 2019 ran highest against their yearly average in Jul and Oct and lowest in May and Jan.

Monthvs year avgPatternYears aboveYears
Jan−1.7%25%4
Feb+1.2%50%4
Mar+0.2%50%4
Apr−0.5%25%4
May−5.5%0%4
Jun——1
Jul+6.5%100%4
Aug——1
Sep+1.6%67%3
Oct+3.6%100%4
Nov+1.1%75%4
Dec−0.9%25%4
Each month's head-weighted average price compared with the centered 12-month average around it, then averaged across years. Past patterns are not a forecast.

Recent sales

SaleHead soldSteers 500–599 $/cwtSteers 700–799 $/cwtHeifers 500–599 $/cwt
Tue Oct 204,590$465.30$402.00$412.51
Tue Oct 138,119$456.53$388.50$418.26
Tue Oct 65,204$462.48—$408.00
Tue Sep 291,242———
Tue Sep 151,389$471.75—$350.00
Tue Sep 11,075$439.70—$380.82
Tue Jul 281,028$386.56—$393.00
Last 13 weeks. Download the weekly history as CSV.

Nearby barns this week

BarnDistanceSaleSteers 500–599Steers 700–799
Ft. Pierre Livestock Auction, Fort Pierre 67 mi Oct 23$467.96$348.87
St. Onge Livestock Auction, Saint Onge 107 mi Oct 23$458.22$361.27
Mobridge Livestock Exchange, Mobridge 120 mi Oct 22$470.74—
Herreid Livestock Market, Herreid 146 mi Oct 23$466.00$365.50
Mitchell Livestock Auction, Mitchell 182 mi Oct 22$442.56$358.82
Hub City Livestock Auction, Aberdeen 185 mi Oct 21$469.67$380.26
Straight-line distance between towns. Barns tagged unweaned show unweaned-calf prices. Every South Dakota sale this week.

Sale days

SaleLatest reportHeadSales in 52 weeksUSDA report
TuesdayOctober 20, 20264,59016AMS_2023

Source: USDA AMS Livestock, Poultry and Grain Market News, “Philip Livestock Auction - Philip, SD” (AMS_2023). See something wrong? Report a correction. Feeder prices are Medium and Large frame No. 1 and 1–2 cattle, $/cwt, grouped into 100-lb bands by average weight and weighted by head count. Value-added, unweaned and No. 2 lots are shown in their own columns; other lot types (fancy, fleshy, thin-fleshed, spayed, replacement) are left out. $/head = $/cwt × average weight ÷ 100.