Cattle Market Pulse

Philadelphia Stockyard -Philadelphia, MS Market Report

Philadelphia, Mississippi · USDA-reported Auction Livestock

Sale of Tuesday, January 23, 2024

355 head sold ·Official USDA report

This is an archived report. See the latest Philadelphia Stockyard -Philadelphia, MS report →

light 5-weight M&L 1-2 steers $284.84/cwt +36.89 vs last sale · ≈ $1,438/hd at 505 lb · 27 head
heavy 5-weight M&L 1-2 heifers $236.46/cwt +9.46 vs last sale · ≈ $1,350/hd at 571 lb · 21 head
light 5-weight M&L 1-2 heifers $237.50/cwt ≈ $1,252/hd at 527 lb · 15 head

Receipts

HeadThis saleLast saleLast year
Total receipts 355 262 148
Feeder cattle 331 222 121
Slaughter cattle 21 35 16
Replacement cattle 3 5 11

Market comments — USDA reporter

Compared to two weeks ago steers sold higher $7-$15. Heifers sold higher $5- $12. Slaughter cows sold $8- $12 higher.

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
408 408 8 302.50 $302.50 $1,234 —
501–518 505 27 284.50–286.00 $284.84 $1,438 +36.89
570 570 13 266.00 $266.00 $1,516 —
661 661 4 236.00 $236.00 $1,560 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
220 220 1 330.00 $330.00 $726 —
415 415 1 320.00 $320.00 $1,328 +46.74
455 455 1 261.00 $261.00 $1,188 +10.57
530–535 533 2 245.00–260.00 $252.46 $1,346 +17.46
555–580 570 3 251.00–257.00 $253.70 $1,446 +26.70
693 693 2 210.00 $210.00 $1,455 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
245 245 1 302.50 $302.50 $741 —
448 448 4 257.50 $257.50 $1,154 —
586 586 5 241.00 $241.00 $1,412 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
348 348 5 260.00 $260.00 $905 —
435 435 13 252.00 $252.00 $1,096 —
494 494 7 240.00 $240.00 $1,186 —
527 527 15 237.50 $237.50 $1,252 —
563–592 571 21 231.00–238.75 $236.46 $1,350 +9.46
608 608 8 230.00 $230.00 $1,398 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
230 230 1 287.50 $287.50 $661 —
250 250 1 307.50 $307.50 $769 +32.50
315 315 1 270.00 $270.00 $850 +3.09
370 370 4 260.00 $260.00 $962 -0.70
415 415 1 252.50 $252.50 $1,048 +14.57
455–475 465 2 243.00–245.00 $243.98 $1,135 +6.72
535 535 1 232.20 $232.20 $1,242 +6.80
575 575 1 207.50 $207.50 $1,193 -19.54
625–645 633 3 220.00–230.00 $225.35 $1,426 +0.55
670 670 1 219.00 $219.00 $1,467 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
485 485 1 227.50 $227.50 $1,103 +2.50

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
225 225 1 315.00 $315.00 $709 +2.50
300–325 312 3 330.00–337.50 $332.41 $1,037 +22.48
395 395 1 335.00 $335.00 $1,323 +32.70
430–445 438 2 300.00–327.50 $313.51 $1,373 +49.12
450–480 463 5 267.50–280.00 $275.04 $1,273 +24.35
540–545 542 3 246.00–247.50 $247.00 $1,339 —
560–585 577 3 230.00–242.50 $237.46 $1,370 —
640 640 1 238.00 $238.00 $1,523 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385–390 387 3 265.00–287.50 $277.45 $1,074 -11.55
440–445 443 2 280.00–287.50 $283.73 $1,257 —
510 510 1 271.00 $271.00 $1,382 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
795–1175 1079 85-90% 9 84.00–104.00 $94.54 $1,020 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1365–1500 1421 80-85% 4 97.00–108.00 $102.80 $1,461 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1890 1890 75-80% 1 98.00 $98.00 $1,852 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1240 1240 1 110.00 $110.00 $1,364 —

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1155 1155 Young (2-4 yrs)Open 1 1,375.00 $1,375.00 —

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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.