Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock · usually sells Mondays

Sale of Monday, August 31, 2026

222 head sold ·Official USDA report · Past reports (280)

heavy 5-weight M&L 1-2 heifers $357.07/cwt ≈ $2,014/hd at 564 lb · 17 head

Receipts

HeadThis saleLast saleLast year
Total receipts 222 149 521
Feeder cattle 188 98 402
Slaughter cattle 14 28 36
Replacement cattle 20 23 83

Market comments — USDA reporter

As compared to the last market: Feeder calves sold steady. Not enough slaughter cattle to get trends.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–490 471 4 385.00–405.00 $395.16 $1,861 —
520–540 534 5 351.00–368.00 $359.26 $1,918 —
580 580 1 355.00 $355.00 $2,059 —
600–620 610 2 336.00–341.00 $338.46 $2,065 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330 330 1 439.00 $439.00 $1,449 —
355 355 1 448.00 $448.00 $1,590 +44.30
430 430 1 378.00 $378.00 $1,625 —
450–470 460 4 361.00–378.00 $372.18 $1,712 +22.18
540 540 3 336.00–345.00 $340.00 $1,836 —
578–590 584 2 335.00–340.00 $337.47 $1,971 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
745 745 3 309.00 $309.00 $2,302 —
858–890 866 8 291.00–298.00 $296.20 $2,565 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
265–280 273 2 495.00–500.00 $497.57 $1,358 —
320 320 1 490.00 $490.00 $1,568 +42.00
410 410 1 445.00 $445.00 $1,824 —
520 520 3 370.00–384.00 $375.67 $1,953 —
605 605 1 355.00 $355.00 $2,148 +12.00

↑ Back to top

Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
557–573 564 17 353.00–360.00 $357.07 $2,014 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 371.00 $371.00 $1,187 -16.56
415–442 431 5 343.00–350.00 $346.19 $1,492 -22.88
504 504 6 336.00 $336.00 $1,693 —
615 615 1 305.00 $305.00 $1,876 —
765 765 1 270.00 $270.00 $2,066 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370 370 1 348.00 $348.00 $1,288 -17.00
405 405 1 331.00 $331.00 $1,341 —
470–495 483 3 329.00–339.00 $335.01 $1,618 —
514–535 523 7 320.00–328.00 $324.26 $1,696 —
570 570 1 321.00 $321.00 $1,830 -9.65
690 690 1 265.00 $265.00 $1,828 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 383.00 $383.00 $1,187 -35.00
360 360 3 390.00 $390.00 $1,404 —
405 405 1 385.00 $385.00 $1,559 -3.73

↑ Back to top

Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 1 445.00 $445.00 $1,802 +40.46
538 538 5 335.00 $335.00 $1,802 -29.26
560 560 1 350.00 $350.00 $1,960 —
630–635 631 4 296.00–307.00 $304.23 $1,920 -11.77
650–695 665 3 306.00–310.00 $307.39 $2,044 —
713–745 723 4 291.00–301.00 $295.82 $2,139 -4.18
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410 410 1 360.00 $360.00 $1,476 —
475 475 1 376.00 $376.00 $1,786 —
550 550 2 325.00 $325.00 $1,788 -26.00
620 620 1 289.00 $289.00 $1,792 -14.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
494 494 4 379.00 $379.00 $1,872 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490 490 1 335.00 $335.00 $1,642 -33.99
555–575 565 2 311.00–320.00 $315.42 $1,782 -16.58

↑ Back to top

Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
895 895 85-90% 1 129.00 $129.00 $1,155 —
990–1225 1092 85-90% 3 145.00–153.00 $147.96 $1,616 —

↑ Back to top

Slaughter Bulls

YG2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1725 1725 1 180.00 $180.00 $3,105 —

↑ Back to top

Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1025 1025 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 2,200.00 $2,200.00
1165 1165 Aged (>8 yrs)2nd Stage (4-6 mo) 1 1,750.00 $1,750.00
1175–1240 1208 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 2 1,900.00–1,925.00 $1,912.84
1180–1250 1215 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 2,450.00–2,475.00 $2,462.86
1240 1240 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 2,425.00 $2,425.00

↑ Back to top

Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1055 1055 Young (2-4 yrs)Open 2 3,150.00 $3,150.00 —
1370 1370 Middle Aged (5-8 yrs)Open 2 2,975.00 $2,975.00 —
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1070 1070 Middle Aged (5-8 yrs)Open 2 2,675.00 $2,675.00 —

↑ Back to top

Price trend

high 442.00 low 353.64 Sep 2025 Aug 2026

600–649 lb Medium and Large 1-2 steers — head-weighted average $/cwt by sale date, last 12 months.

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.

← Previous sale (Aug 24, 2026)

Markets near Meridian