The Merced River, in the central part of the U.S. state of California, is a 145-mile -long tributary of the San Joaquin River flowing from the Sierra Nevada into the San Joaquin Valley. It is most well known for its swift and steep course through the southern part of Yosemite National Park, where it is the primary watercourse flowing through Yosemite Valley. The riveā¦The Merced River, in the central part of the U.S. state of California, is a 145-mile -long tributary of the San Joaquin River flowing from the Sierra Nevada into the San Joaquin Valley. It is most well known for its swift and steep course through the southern part of Yosemite National Park, where it is the primary watercourse flowing through Yosemite Valley. The river's character changes dramatically once it reaches the plains of the agricultural San Joaquin Valley, where it becomes a slow-moving meandering stream.