Cattle Market Pulse

Philadelphia Stockyard -Philadelphia, MS Market Report

Philadelphia, Mississippi · USDA-reported Auction Livestock

Sale of Tuesday, May 23, 2023

350 head sold ·Official USDA report

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heavy 8-weight M&L 1-2 steers $195.00/cwt ≈ $1,677/hd at 860 lb · 60 head
heavy 2-weight M&L 1-2 heifers $206.00/cwt ≈ $599/hd at 291 lb · 22 head
heavy 6-weight M&L 1-2 steers $205.39/cwt -3.61 vs last sale · ≈ $1,391/hd at 677 lb · 14 head

Receipts

HeadThis saleLast saleLast year
Total receipts 350 255 547
Feeder cattle 300 217 465
Slaughter cattle 36 26 38
Replacement cattle 14 12 44

Market comments — USDA reporter

Compared to last week steers sold higher $1-3. Heifers sold higher $5-10. Slaughter cows sold higher $2-8. Bulls sold steady.

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
513 value added 513 4 230.00 $230.00 $1,180 -3.57
583 583 4 238.00 $238.00 $1,388 —
653 value added 653 5 225.00 $225.00 $1,469 +16.00
691 691 9 194.50 $194.50 $1,344 —
822 822 10 187.50 $187.50 $1,541 —
860 860 60 195.00 $195.00 $1,677 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
260–290 275 2 255.00–265.00 $259.73 $714 —
305–335 320 3 240.00–262.50 $250.48 $802 +23.45
460–480 470 2 227.00–234.00 $230.43 $1,083 -1.88
510–530 522 3 230.00–243.00 $234.73 $1,225 —
660 660 1 189.00 $189.00 $1,247 +1.50

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
291 value added 291 22 206.00 $206.00 $599 —
792 792 5 178.00 $178.00 $1,410 —
855 855 9 160.00 $160.00 $1,368 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 215.00 $215.00 $624 +5.03
360–390 374 4 200.00–218.00 $210.40 $787 +9.38
400–445 421 7 197.00–216.00 $206.72 $870 +5.14
450–490 471 5 202.00–215.00 $208.54 $982 +16.63
500–545 517 9 203.00–214.00 $208.80 $1,079 -0.77
550–590 579 6 175.00–194.00 $188.17 $1,090 +12.43
670 670 1 160.00 $160.00 $1,072 ±0.00
900 900 1 131.00 $131.00 $1,179 —
985 985 1 110.00 $110.00 $1,084 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380–385 383 2 192.00–205.00 $198.54 $760 —
475 475 1 125.00 $125.00 $594 -33.00
510–535 523 2 171.00–180.00 $175.39 $917 +75.39
560 560 1 176.00 $176.00 $986 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
255–290 273 2 230.00–262.00 $247.03 $674 +35.35
305–320 312 3 260.00–266.00 $261.99 $817 +45.61
355–395 377 6 215.00–239.00 $223.52 $843 +6.46
415–430 424 4 209.00–224.00 $215.99 $916 -1.70
465–495 482 3 177.00–210.00 $198.05 $955 +4.87
500–540 518 6 185.00–209.00 $198.11 $1,026 +7.66
555–580 565 3 194.00–205.00 $200.58 $1,133 +16.91
650–665 658 2 192.00–201.00 $196.45 $1,293 +23.45
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270 270 1 242.50 $242.50 $655 —
360–370 365 2 180.00–229.00 $204.16 $745 +11.81
475 475 2 169.00–199.00 $184.00 $874 —
525 525 1 190.00 $190.00 $998 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
615–1050 816 85-90% 11 40.00–75.00 $60.82 $496 —
860 860 85-90% 1 65.00 $65.00 $559 —
910–1090 1018 85-90% 6 85.00–92.50 $87.91 $895 +9.48
1065–1420 1263 85-90% 4 95.00–100.00 $98.31 $1,242 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
995–1435 1263 80-85% 3 85.00–87.50 $86.84 $1,097 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1185–1635 1415 6 105.00–115.00 $111.52 $1,578 —
1695–1900 1798 2 117.50–120.00 $118.68 $2,134 —

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Stock Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
690 690 Middle Aged (5-8 yrs)Open 1 600.00 $600.00

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
855 855 Young (2-4 yrs)3rd Stage (7-9 mo) 1 890.00 $890.00
855 855 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 840.00 $840.00
1210 1210 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 1 1,110.00 $1,110.00

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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
465 465 Young (2-4 yrs)Open 1 500.00 $500.00 —
825 825 Young (2-4 yrs)Open 1 1,310.00 $1,310.00 —
1045–1140 1093 Middle Aged (5-8 yrs)Open 2 1,210.00–1,240.00 $1,225.65 —

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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.