Cattle Market Pulse

Philadelphia Stockyard -Philadelphia, MS Market Report

Philadelphia, Mississippi · USDA-reported Auction Livestock

Sale of Tuesday, June 4, 2024

368 head sold ·Official USDA report

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light 8-weight M&L 1-2 steers $245.00/cwt ≈ $1,972/hd at 805 lb · 61 head
heavy 5-weight M&L 1-2 steers $257.00/cwt ≈ $1,514/hd at 589 lb · 31 head
light 5-weight M&L 1-2 steers $265.00/cwt ≈ $1,415/hd at 534 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 368 226 455
Feeder cattle 311 215 382
Slaughter cattle 22 11 44
Replacement cattle 35 — 29

Market comments — USDA reporter

Compared to last week steers sold steady to $5 higher. Heifers sold $5 - $10 higher. Slaughter cows sold $10 -$15 higher. Slaughter 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
469 469 6 275.00 $275.00 $1,290 —
534 534 10 265.00 $265.00 $1,415 —
589 589 31 257.00 $257.00 $1,514 —
737 737 6 237.00 $237.00 $1,747 —
805 805 61 245.00 $245.00 $1,972 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
280 280 1 335.00 $335.00 $938 —
305–315 310 2 335.00 $335.00 $1,038 +16.46
355 355 1 300.00 $300.00 $1,065 -15.00
405–410 408 2 300.00–315.00 $307.55 $1,255 —
455–470 463 2 279.00–280.00 $279.51 $1,294 +7.01
570 570 1 260.00 $260.00 $1,482 +2.84
600–635 618 5 235.00–256.00 $248.68 $1,537 -2.24
655–695 675 2 237.50–251.00 $244.05 $1,647 -1.95
700–720 710 2 237.00–242.00 $239.46 $1,700 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 275.00 $275.00 $798 —
345 345 1 320.00 $320.00 $1,104 +46.45
360–390 375 2 297.50–312.50 $305.30 $1,145 +24.67
420 420 1 255.00 $255.00 $1,071 -30.00
485–495 490 2 259.00–267.50 $263.29 $1,290 -9.21
510–545 531 5 230.00–246.00 $237.18 $1,259 +4.68
575–580 578 2 235.00–244.00 $239.52 $1,384 +12.02
615–620 618 2 230.00–237.00 $233.49 $1,443 -13.51
805 805 1 173.00 $173.00 $1,393 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510 510 3 245.00 $245.00 $1,250 —
652–696 687 5 220.00–235.00 $232.15 $1,595 —
738 738 1 200.00 $200.00 $1,476 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 1 285.00 $285.00 $926 —
360 360 1 292.50 $292.50 $1,053 +40.00
530 530 1 215.00 $215.00 $1,140 —
640 640 1 212.50 $212.50 $1,360 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
215–240 227 3 390.00–400.00 $395.11 $897 —
265 265 1 350.00 $350.00 $928 -15.00
315 315 1 345.00 $345.00 $1,087 +15.00
395 395 1 307.50 $307.50 $1,215 -9.97
400–405 403 2 315.00–325.00 $320.03 $1,290 +22.45
470–495 478 3 267.50–282.50 $274.87 $1,314 -7.63
505–545 530 4 262.50–267.50 $264.39 $1,401 —
565–595 580 2 242.00–252.50 $247.11 $1,433 —
665 665 1 212.50 $212.50 $1,413 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
295 295 1 315.00 $315.00 $929 —
317 317 1 315.00 $315.00 $999 —
360 360 1 275.00 $275.00 $990 -10.00
405–445 420 5 280.00–297.50 $290.15 $1,219 —
485 485 1 261.00 $261.00 $1,266 —
520–535 528 2 243.00–247.50 $245.22 $1,295 —
590 590 1 236.00 $236.00 $1,392 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
835 835 85-90% 1 125.00 $125.00 $1,044 —
1055–1365 1196 85-90% 9 132.00–142.00 $137.09 $1,640 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1265–1400 1355 80-85% 6 133.00–144.00 $140.59 $1,905 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
855 855 1 127.00 $127.00 $1,086 —
1855–2020 1938 2 150.00–155.00 $152.39 $2,953 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1065–1090 1081 Young (2-4 yrs)3rd Stage (7-9 mo) 4 1,675.00–1,850.00 $1,755.87
1235 1235 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,650.00 $1,650.00
1340 1340 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 2 1,475.00–1,675.00 $1,575.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1083–1370 1140 Middle Aged (5-8 yrs)Open 5 2,500.00–2,700.00 $2,651.95 —
1155–1275 1215 Young (2-4 yrs)Open 2 2,775.00–2,800.00 $2,786.88 —
1040–1458 1369 Young (2-4 yrs)Open 17 2,000.00–3,000.00 $2,788.19 —

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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.