Cattle Market Pulse

Philadelphia Stockyard -Philadelphia, MS Market Report

Philadelphia, Mississippi · USDA-reported Auction Livestock

Sale of Tuesday, March 12, 2024

278 head sold ·Official USDA report

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light 6-weight M&L 1-2 steers $292.57/cwt ≈ $1,867/hd at 638 lb · 32 head
light 7-weight M&L 1-2 steers $248.11/cwt ≈ $1,819/hd at 733 lb · 23 head
heavy 5-weight M&L 1-2 heifers $262.00/cwt ≈ $1,517/hd at 579 lb · 18 head

Receipts

HeadThis saleLast saleLast year
Total receipts 278 223 190
Feeder cattle 242 175 134
Slaughter cattle 26 23 28
Replacement cattle 10 25 28

Market comments — USDA reporter

Compared to last week steers sold higher $10 - $15. Heifers sold higher $15 - $20. Slaughter cattle sold steady to $5 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
445 445 5 284.00 $284.00 $1,264 —
470 470 3 375.50 $375.50 $1,765 +48.00
531–547 536 17 341.00–357.00 $352.19 $1,888 —
606–647 638 32 288.00–310.00 $292.57 $1,867 —
707–737 733 23 235.00–250.00 $248.11 $1,819 —
770 770 12 240.00 $240.00 $1,848 -4.25
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270 270 1 400.00 $400.00 $1,080 —
305–330 318 2 395.00–400.00 $397.40 $1,264 —
370 370 1 420.00 $420.00 $1,554 —
445 445 1 300.00 $300.00 $1,335 -90.00
470 470 1 247.50 $247.50 $1,163 -71.74
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 375.00 $375.00 $1,275 —
385 385 1 375.00 $375.00 $1,444 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
498 498 12 287.50 $287.50 $1,432 —
517 517 3 265.00 $265.00 $1,370 —
574–589 579 18 262.00 $262.00 $1,517 —
600–623 619 11 239.00–260.00 $242.70 $1,502 —
663 663 4 240.00 $240.00 $1,591 —
724 724 10 234.00 $234.00 $1,694 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
275–295 285 3 335.00–355.00 $341.43 $973 +21.43
310 310 3 335.00–355.00 $345.00 $1,070 +25.00
350–365 358 3 300.00–305.00 $303.37 $1,086 +28.34
425–445 435 2 275.00–278.00 $276.53 $1,203 -5.85
480–495 488 2 250.00–262.50 $256.35 $1,251 +2.13
535 535 1 249.00 $249.00 $1,332 ±0.00
560 560 1 262.50 $262.50 $1,470 +42.57
865 865 1 187.00 $187.00 $1,618 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–335 330 2 315.00–330.00 $322.39 $1,064 +34.89
365 365 2 272.50–290.00 $281.25 $1,027 —
525 525 1 210.00 $210.00 $1,102 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
260–290 279 4 385.00–400.00 $392.67 $1,096 +7.72
310–345 330 5 395.00–415.00 $401.94 $1,326 +20.32
350–390 369 5 395.00–415.00 $404.73 $1,493 +60.75
400–425 410 3 375.00–380.00 $376.63 $1,544 +74.22
460 460 1 325.00 $325.00 $1,495 +27.50
500 500 1 315.00 $315.00 $1,575 +24.00
600 600 1 260.00 $260.00 $1,560 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 335.00 $335.00 $1,156 -16.35
360–375 368 2 360.00–385.00 $372.24 $1,370 +50.49
425–445 435 2 325.00–330.00 $327.56 $1,425 —
450 450 1 295.00 $295.00 $1,328 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
625–910 768 85-90% 2 90.00–100.00 $95.93 $737 —
780–1205 1041 85-90% 7 107.00–125.00 $112.70 $1,173 -0.12
1440 1440 85-90% 1 100.00 $100.00 $1,440 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1020–1315 1207 80-85% 3 115.00–124.00 $119.33 $1,440 —
1560 1560 80-85% 1 115.00 $115.00 $1,794 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1615 1615 75-80% 1 96.00 $96.00 $1,550 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1140–1840 1496 4 111.00–130.00 $125.60 $1,879 —
1820–2160 1990 2 138.00–140.00 $138.91 $2,764 —

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Stock Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1055 1055 Young (2-4 yrs)Open 1 1,170.00 $1,170.00

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
945 945 Young (2-4 yrs)3rd Stage (7-9 mo) 1 1,425.00 $1,425.00
1040 1040 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 1 1,400.00 $1,400.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1075–1465 1270 Middle Aged (5-8 yrs)Open 2 2,200.00–2,250.00 $2,228.84 -53.20
1280 1280 Aged (>8 yrs)Open 1 2,150.00 $2,150.00 -132.04

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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.