Sale reports / Mississippi / Philadelphia Livestock Auction / 2024-05-28

Philadelphia Livestock Auction

Feeder Cattle · Slaughter Cattle · Philadelphia, Mississippi · Tue, May 28
● Final32 lots reportedUSDA AMS · slug 2116
Feeder Cattle receipts
215 head
158 vs last sale 373 142 vs year ago 357 · 39.8%
Slaughter Cattle receipts
11 head
14 vs last sale 25 24 vs year ago 35 · 68.6%
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Reporter comment USDA

As filed

Compared to last week steers sold $5 - $10 lower. Heifers sold steady to $5 higher. Slaughter cattle sold steady.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $262.35/cwt on 6 head. That ranks 1 of 13 comparable sales and sits 162.95 against this barn's trailing median of $425.30.
Average price
$262.35
6 head · 554 lb average
Value per head Derived
$1,453
Price × average weight ÷ 100
Grade differential Derived
single grade reported
vs the market
17.26
vs MS average
42.79 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1554262.351,4536thin
Only one grade was reported at this weight, so there is no spread to compute.

This barn's trailing prices 500–600 lb

13 sales
518464410355median 425.3001/1303/2405/1907/1408/11
Steers 500–600 lb: high $503.67, low $369.50, median $425.30 across 13 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only
This sale6 hd
262.35
MS average12 barns · 274 hd
279.61
−17.26
National average125 barns · 5,668 hd
305.14
−42.79
This barn, trailing median13 sales
425.30
−162.95
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Slaughter cattle

By class and quality grade · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
BullsAverage1,535154.002,3641thin
CowsLean 85-90%Average1,087124.011,3485thin
CowsBoner 80-85%Average1,715124.002,1271thin

Every lot, as filed

32 lots · USDA AMS · Philadelphia Stockyard -Philadelphia, MS
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1550–600565227.50/cwt227.50–227.501,2851
HeifersMedium and Large 1600–650625247.00/cwt247.00–247.001,5441
HeifersMedium and Large 1400–450415285.00/cwt285.00–285.001,1831
SteersMedium and Large 1500–550520267.54/cwt265.00–270.001,3913
SteersMedium and Large 1650–700680246.00/cwt246.00–246.001,6731
HeifersMedium and Large 1450–500480272.50/cwt267.00–278.001,3082
Bulls1,535154.00/cwt154.00–154.002,3641
CowsBoner 80-85%1,715124.00/cwt124.00–124.002,1271
CowsLean 85-90%1,087124.01/cwt119.00–130.001,3485
BullsMedium and Large 1250–300270365.00/cwt365.00–365.009861
BullsMedium and Large 1300–350315330.00/cwt330.00–330.001,0401
BullsMedium and Large 1700–750705225.00/cwt225.00–225.001,5861
SteersMedium and Large 1-21000–10501,035202.50/cwt202.50–202.502,09651
SteersMedium and Large 1600–650628250.92/cwt242.50–255.001,5763
HeifersMedium and Large 1350–400368280.63/cwt275.00–285.001,0334
SteersMedium and Large 1300–350337318.54/cwt310.00–327.501,0733
SteersMedium and Large 1550–600588257.16/cwt252.50–260.001,5123
SteersMedium and Large 1750–800765233.00/cwt233.00–233.001,7821
HeifersMedium and Large 1-2400–450435275.00/cwt275.00–275.001,1963
SteersMedium and Large 1-2850–900869228.00/cwt228.00–228.001,98161
HeifersMedium and Large 1650–700668234.91/cwt230.00–240.001,5692
BullsMedium and Large 1800–850805217.00/cwt217.00–217.001,7471
SteersMedium and Large 1350–400365315.00/cwt315.00–315.001,1501
SteersMedium and Large 1450–500465272.50/cwt272.50–272.501,2671
HeifersMedium and Large 1300–350323273.55/cwt265.00–282.508842
BullsMedium and Large 1400–450424297.58/cwt290.00–305.001,2624
BullsMedium and Large 2350–400360285.00/cwt285.00–285.001,0261
HeifersMedium and Large 2350–400395252.50/cwt252.50–252.509971
HeifersMedium and Large 1500–550535232.50/cwt232.50–232.501,2441
BullsMedium and Large 1350–400360317.47/cwt315.00–320.001,1432
BullsMedium and Large 1450–500475282.50/cwt275.00–290.001,3422
HeifersMedium and Large 1950–1000965191.00/cwt191.00–191.001,8431

How this sale compares

Mississippi weighted averages
One sale is one barn on one day. The state ladder is every Mississippi auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.