Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, July 18, 2022

346 head sold ·Official USDA report

This is an archived report. See the latest Meridian Stockyard report →

light 4-weight M&L 1 steers $181.75/cwt +10.93 vs last sale · ≈ $751/hd at 413 lb · 18 head
light 4-weight M&L 1 heifers $150.14/cwt +10.33 vs last sale · ≈ $641/hd at 427 lb · 16 head
light 6-weight M&L 1 steers $156.85/cwt +14.13 vs last sale · ≈ $951/hd at 606 lb · 15 head

Receipts

HeadThis saleLast saleLast year
Total receipts 346 528 262
Feeder cattle 289 391 213
Slaughter cattle 40 104 36
Replacement cattle 17 33 13

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 5-7 higher and slaughter cows and bulls were 5-10 lower.

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
285 285 1 192.00 $192.00 $547 —
305–340 328 6 183.00–192.00 $186.71 $612 +11.92
350–395 370 8 182.00–190.00 $184.68 $683 +7.19
400–445 413 18 176.00–185.00 $181.75 $751 +10.93
475–482 481 12 178.00–185.00 $184.42 $887 +14.42
505–540 526 4 162.00–165.00 $163.27 $859 +10.76
550 550 2 162.00–170.00 $166.00 $913 +12.52
600–635 606 15 154.00–160.00 $156.85 $951 +14.13
690 690 1 150.00 $150.00 $1,035 +8.00
820 820 1 141.00 $141.00 $1,156 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–335 323 4 170.00–180.00 $176.33 $570 +13.26
380 380 1 174.00 $174.00 $661 +8.95
415 415 1 170.00 $170.00 $706 +7.67
460–470 465 2 170.00–175.00 $172.53 $802 +13.04
515–530 520 6 150.00–160.00 $152.18 $791 —
590 590 1 156.00 $156.00 $920 +11.48
645 645 2 132.00–135.00 $133.50 $861 -4.17
670–680 673 3 132.00–149.00 $139.30 $937 +4.04
810 810 1 128.00 $128.00 $1,037 +8.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
530–533 532 6 180.00–183.00 $181.00 $963 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375 375 1 168.00 $168.00 $630 —
405–445 428 3 160.00–168.00 $163.91 $702 +16.98
495 495 1 167.00 $167.00 $827 +15.96

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
285 285 1 157.00 $157.00 $447 —
300–345 314 4 150.00–158.00 $152.67 $479 +7.67
356–385 367 6 148.00–159.00 $155.20 $570 —
405–446 427 16 145.00–153.00 $150.14 $641 +10.33
465 465 1 146.00 $146.00 $679 +4.62
505–543 530 6 136.00–143.00 $140.74 $746 +2.25
550 550 1 137.00 $137.00 $754 -2.03
605–610 608 2 131.00–134.00 $132.51 $806 -4.50
695 695 1 140.00 $140.00 $973 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300 300 1 145.00 $145.00 $435 +6.00
365–375 370 2 141.00–145.00 $142.97 $529 +7.97
405–445 429 7 139.00–143.00 $141.43 $607 +6.43
450–485 468 6 138.00–142.00 $139.34 $652 +2.34
515–545 528 3 130.00–136.00 $133.61 $705 +2.17
555–560 558 2 132.00–133.00 $132.50 $739 +0.50
635 635 1 120.00 $120.00 $762 -9.89
665–690 680 3 119.00–128.00 $122.61 $834 -6.42
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1068 1068 11 117.00 $117.00 $1,250 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360 360 1 136.00 $136.00 $490 —
550 550 1 125.00 $125.00 $688 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420 420 1 154.00 $154.00 $647 +2.39
455–495 470 4 146.00–159.00 $153.09 $720 +8.09
505–530 520 3 140.00–147.00 $144.00 $749 +6.00
570 570 1 149.00 $149.00 $849 +14.00
630 630 1 140.00 $140.00 $882 +11.63
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470–485 478 2 143.00–145.00 $144.02 $688 —
500–530 515 2 128.00–138.00 $132.85 $684 +6.20
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 1 135.00 $135.00 $587 —
470–495 483 2 135.00–137.00 $135.97 $657 -2.03
560 560 1 124.00 $124.00 $694 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
855–1075 937 85-90% 5 35.00–45.00 $39.46 $370 —
880–1030 969 85-90% 5 50.00–56.00 $53.46 $518 -10.59
990–1445 1109 85-90% 9 57.50–62.50 $59.29 $658 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1240–1560 1342 80-85% 7 63.00–68.00 $64.48 $865 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1300–1760 1519 75-80% 4 60.00–63.00 $61.22 $930 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1625–1650 1638 2 98.00–100.00 $98.99 $1,621 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1465–1780 1623 2 92.50–96.50 $94.69 $1,537 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1045 1045 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,010.00 $1,010.00
1065 1065 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,060.00 $1,060.00
1185 1185 Young (2-4 yrs)1st Stage (1-3 mo) 3 1,060.00–1,090.00 $1,080.00
1225 1225 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,000.00 $1,000.00
1350 1350 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,050.00 $1,050.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1120 1120 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 900.00 $900.00

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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.