Cattle Market Pulse

Philadelphia Stockyard -Philadelphia, MS Market Report

Philadelphia, Mississippi · USDA-reported Auction Livestock

Sale of Tuesday, May 28, 2024

226 head sold ·Official USDA report

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

heavy 8-weight M&L 1-2 steers $228.00/cwt -1.50 vs last sale · ≈ $1,981/hd at 869 lb · 61 head

Receipts

HeadThis saleLast saleLast year
Total receipts 226 409 392
Feeder cattle 215 373 357
Slaughter cattle 11 25 35
Replacement cattle — 11 —

Market comments — USDA reporter

Compared to last week steers sold $5 - $10 lower. Heifers sold steady to $5 higher. Slaughter cattle 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
869 869 61 228.00 $228.00 $1,981 -1.50
1035 1035 51 202.50 $202.50 $2,096 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–345 337 3 310.00–327.50 $318.54 $1,073 -23.65
365 365 1 315.00 $315.00 $1,150 -10.00
465 465 1 272.50 $272.50 $1,267 +10.07
505–540 520 3 265.00–270.00 $267.54 $1,391 -13.32
585–590 588 3 252.50–260.00 $257.16 $1,512 -2.74
615–645 628 3 242.50–255.00 $250.92 $1,576 —
680 680 1 246.00 $246.00 $1,673 —
765 765 1 233.00 $233.00 $1,782 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–330 323 2 265.00–282.50 $273.55 $884 -1.45
355–380 368 4 275.00–285.00 $280.63 $1,033 -0.54
415 415 1 285.00 $285.00 $1,183 —
480 480 2 267.00–278.00 $272.50 $1,308 +22.27
535 535 1 232.50 $232.50 $1,244 —
565 565 1 227.50 $227.50 $1,285 -7.86
625 625 1 247.00 $247.00 $1,544 +4.52
655–680 668 2 230.00–240.00 $234.91 $1,569 +4.91
965 965 1 191.00 $191.00 $1,843 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 3 275.00 $275.00 $1,196 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
395 395 1 252.50 $252.50 $997 +2.50

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270 270 1 365.00 $365.00 $986 +40.00
315 315 1 330.00 $330.00 $1,040 —
355–365 360 2 315.00–320.00 $317.47 $1,143 —
410–440 424 4 290.00–305.00 $297.58 $1,262 -14.90
475 475 2 275.00–290.00 $282.50 $1,342 -7.50
705 705 1 225.00 $225.00 $1,586 —
805 805 1 217.00 $217.00 $1,747 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360 360 1 285.00 $285.00 $1,026 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
970–1205 1087 85-90% 5 119.00–130.00 $124.01 $1,348 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1715 1715 80-85% 1 124.00 $124.00 $2,127 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1535 1535 1 154.00 $154.00 $2,364 —

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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.