Cattle Market Pulse

Philadelphia Stockyard -Philadelphia, MS Market Report

Philadelphia, Mississippi · USDA-reported Auction Livestock

Sale of Tuesday, August 23, 2022

352 head sold ·Official USDA report

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heavy 5-weight M&L 1-2 steers $171.15/cwt ≈ $974/hd at 569 lb · 12 head
heavy 4-weight M&L 1-2 steers $181.00/cwt +26.67 vs last sale · ≈ $872/hd at 482 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 352 487 469
Feeder cattle 307 430 369
Slaughter cattle 30 42 81
Replacement cattle 15 15 19

Market comments — USDA reporter

COMPARED TO LAST WEEK STEERS AND HEIFERS SOLD HIGHER $4-10, SLAUGHTER COWS AND BULLS WERE HIGHER $3-7. GROUPS LISTEED AS M&L 1-2.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370 370 1 165.00 $165.00 $610 -38.68
404 404 8 204.00 $204.00 $824 +11.03
482 482 11 181.00 $181.00 $872 +26.67
535 535 4 177.50 $177.50 $950 -0.74
565–570 569 12 169.00–182.00 $171.15 $974 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–335 325 2 199.00–206.00 $202.61 $658 —
360–395 374 7 191.00–202.00 $198.60 $743 —
405–440 424 7 192.00–204.00 $200.86 $852 —
450 450 1 181.00 $181.00 $814 —
515–540 525 3 168.00–195.00 $177.51 $932 —
550 550 1 172.00 $172.00 $946 —
650 650 1 161.00 $161.00 $1,046 —
705 705 1 169.00 $169.00 $1,191 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 162.00 $162.00 $551 —
485 485 1 170.00 $170.00 $824 +22.00
525 525 2 155.00–168.00 $161.50 $848 +10.03
555–570 565 3 145.00–160.00 $154.96 $876 +21.96
635 635 1 145.00 $145.00 $921 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
295 295 1 166.00 $166.00 $490 —
320–345 334 4 150.00–167.00 $162.22 $542 —
350–395 383 5 140.00–161.00 $152.76 $585 —
415–440 428 3 157.00–172.00 $163.11 $698 —
465–470 468 4 140.00–152.00 $147.48 $690 —
520–545 532 3 139.00–150.00 $143.09 $761 —
565–595 578 3 141.00–163.00 $148.87 $860 —
600 600 1 147.00 $147.00 $882 —
675 675 1 129.00 $129.00 $871 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
493 493 4 148.00 $148.00 $730 +2.65
532 532 7 186.00 $186.00 $990 +40.85
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 128.00 $128.00 $397 -15.97
460 460 1 140.00 $140.00 $644 —
510–525 518 2 135.00–143.00 $139.06 $720 —
580 580 1 127.00 $127.00 $737 +16.00

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270 270 1 199.00 $199.00 $537 —
300–305 303 2 190.00–191.00 $190.50 $577 —
355–385 368 5 180.00–199.00 $187.25 $689 —
420–430 425 4 169.00–198.00 $181.77 $773 —
470–495 483 2 152.00–170.00 $160.77 $777 —
510 510 1 160.00 $160.00 $816 —
565–595 585 3 145.00–166.00 $155.49 $910 —
620–645 633 3 140.00–144.00 $141.99 $899 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 160.00 $160.00 $552 —
405–425 415 2 157.00–169.00 $162.86 $676 +2.29
450–470 460 2 135.00–168.00 $151.14 $695 -9.38
555 555 1 151.00 $151.00 $838 —
600 600 1 135.00 $135.00 $810 +10.00
685 685 1 132.00 $132.00 $904 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
530 530 4 165.00 $165.00 $874 +21.67

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
880–1020 943 85-90% 3 55.00–56.50 $55.63 $525 —
940–1405 1069 85-90% 10 55.00–77.50 $68.17 $729 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1035–1610 1244 80-85% 9 80.00–85.00 $81.29 $1,011 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1605–1610 1608 2 110.00–115.00 $112.50 $1,809 —
YG2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1010 1010 1 50.00 $50.00 $505 —
1150 1150 1 75.00 $75.00 $862 —

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Stock Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
840–1105 973 Young (2-4 yrs)Open 2 700.00–820.00 $768.17

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
975 975 Young (2-4 yrs)1st Stage (1-3 mo) 1 700.00 $700.00
930–1170 1035 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 4 940.00–1,100.00 $989.71
1035–1150 1112 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 3 700.00–870.00 $817.24
1380 1380 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 1 1,160.00 $1,160.00

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Cow-Calf Pairs

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1305 1305 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,200.00 $1,200.00 +10.00
1305 1305 Middle Aged (5-8 yrs)Open 1 1,280.00 $1,280.00 +90.00

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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.