Cattle Market Pulse

Philadelphia Stockyard -Philadelphia, MS Market Report

Philadelphia, Mississippi · USDA-reported Auction Livestock

Sale of Tuesday, July 16, 2024

422 head sold ·Official USDA report

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heavy 3-weight M&L 1 steers $326.25/cwt -43.63 vs last sale · ≈ $1,233/hd at 378 lb · 12 head
light 4-weight M&L 2 heifers $244.01/cwt +1.51 vs last sale · ≈ $1,027/hd at 421 lb · 10 head
light 5-weight M&L 2 steers $273.00/cwt ≈ $1,417/hd at 519 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 422 278 320
Feeder cattle 354 253 230
Slaughter cattle 52 22 29
Replacement cattle 16 3 61

Market comments — USDA reporter

Compared to last week steers sold mixed higher $6 to lower $8. Heifers sold mixed higher $6 to lower $5. Slaughter sold steady to $4 higher.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
265–290 273 3 345.00–355.00 $351.77 $960 -28.23
340–345 343 2 325.00–345.00 $335.07 $1,149 -32.61
365–390 378 12 320.00–335.00 $326.25 $1,233 -43.63
400–445 426 4 330.00–340.00 $332.52 $1,417 -32.48
450–490 465 3 315.00–325.00 $319.98 $1,488 +24.09
500–545 518 3 292.50–310.00 $299.04 $1,549 +31.56
570–590 580 2 250.00–260.00 $255.09 $1,480 -10.50
605 605 1 242.50 $242.50 $1,467 -17.50
655–695 675 2 245.00–255.00 $249.85 $1,686 +9.85
740 740 1 235.00 $235.00 $1,739 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385 385 1 330.00 $330.00 $1,270 —
440 440 6 332.50 $332.50 $1,463 —
470 470 4 312.50 $312.50 $1,469 —
631 631 8 257.00 $257.00 $1,622 -25.50
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 315.00 $315.00 $1,071 —
375 375 1 315.00 $315.00 $1,181 —
410–425 418 3 325.00 $325.00 $1,358 —
450–490 470 2 305.00–310.00 $307.39 $1,445 —
500–540 519 10 255.00–285.50 $273.00 $1,417 —
550–555 553 2 225.00–250.00 $237.56 $1,314 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270–290 278 3 310.00–325.00 $316.59 $880 -30.35
300–340 320 2 315.00–325.00 $319.69 $1,023 -5.31
350–375 365 4 270.00–282.50 $277.47 $1,013 -9.82
410–445 427 6 260.00–275.00 $264.84 $1,131 -14.93
450–480 464 4 250.00–255.00 $252.47 $1,171 +14.88
500–545 520 6 230.00–243.00 $239.81 $1,247 -11.49
550–580 564 5 232.50–247.50 $238.43 $1,345 -10.30
600 600 1 242.50 $242.50 $1,455 +2.48
660–690 674 4 222.50–230.00 $226.96 $1,530 -5.54
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 277.50 $277.50 $957 —
380–395 388 4 250.00–265.00 $258.14 $1,002 +10.64
410–445 421 10 230.00–257.50 $244.01 $1,027 +1.51
490–495 493 2 225.00–240.00 $232.54 $1,146 —
655 655 1 217.50 $217.50 $1,425 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
428 428 5 252.00 $252.00 $1,079 +7.00
666 666 5 230.00 $230.00 $1,532 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
250–280 264 4 350.00–355.00 $351.23 $927 -14.04
315–345 325 3 340.00–345.00 $343.23 $1,115 -33.44
350–370 360 2 315.00 $315.00 $1,134 -49.46
415–440 425 3 287.50–295.00 $290.80 $1,236 -20.81
450–460 455 4 285.00–292.50 $288.13 $1,311 +9.39
520 520 1 292.50 $292.50 $1,521 +23.63
555–595 568 6 235.00–247.50 $239.08 $1,358 -22.60
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
332–345 339 2 325.00–330.00 $327.45 $1,110 —
360–365 363 2 285.00–292.50 $288.78 $1,048 -42.65
445 445 1 270.00 $270.00 $1,202 -13.62
485–490 488 2 270.00–275.00 $272.49 $1,330 —
510–525 516 4 250.00–267.50 $259.96 $1,341 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
810–995 895 85-90% 4 90.00–114.00 $106.94 $957 +4.40
840–1235 1074 85-90% 24 120.00–134.00 $126.45 $1,358 —
1280 1280 85-90% 1 132.00 $132.00 $1,690 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1290 1290 80-85% 1 133.00 $133.00 $1,716 —
1220–1565 1334 80-85% 14 120.00–137.00 $131.94 $1,760 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1745–1975 1837 3 150.00–157.00 $152.93 $2,809 —

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Stock Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
880 880 Middle Aged (5-8 yrs)Open 1 975.00 $975.00

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
790 790 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,075.00 $1,075.00
869–939 895 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 8 1,700.00–1,750.00 $1,719.67
925 925 Aged (>8 yrs)2nd Stage (4-6 mo) 1 1,075.00 $1,075.00
995 995 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 1 1,325.00 $1,325.00

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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.