Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, July 10, 2023

333 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 333 454 528
Feeder cattle 205 356 391
Slaughter cattle 77 59 104
Replacement cattle 51 39 33

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were mixed and slaughter cows and bulls were 5-7 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
315–340 330 4 270.00–283.00 $277.00 $914 +17.66
360–380 372 3 270.00–278.00 $273.37 $1,017 +18.37
415–445 432 3 260.00–268.00 $263.39 $1,138 +13.69
465–475 470 2 260.00–270.00 $265.05 $1,246 +18.57
510–520 515 2 222.00–225.00 $223.49 $1,151 -18.32
550–564 562 9 227.00–228.00 $227.11 $1,276 -2.89
605–633 626 4 219.00–223.00 $219.97 $1,377 +2.45
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330–345 338 2 260.00–267.00 $263.42 $890 +18.42
370–390 382 3 263.00–266.00 $264.69 $1,011 +17.08
440 440 1 258.00 $258.00 $1,135 +20.00
530 530 1 213.00 $213.00 $1,129 -7.00
640 640 1 208.00 $208.00 $1,331 +10.99
700–710 705 2 200.00–203.00 $201.49 $1,421 —
750–780 765 2 200.00–213.00 $206.37 $1,579 +5.37
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460–485 473 2 238.00–245.00 $241.59 $1,143 +21.59

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 210.00 $210.00 $704 -10.00
370–390 380 2 215.00–220.00 $217.57 $827 -10.94
430–435 433 2 210.00–213.00 $211.49 $916 +0.07
450–495 466 4 203.00–210.00 $207.06 $965 +0.61
500–530 506 6 205.00–215.00 $207.58 $1,050 -2.02
575–585 580 2 210.00–215.00 $212.52 $1,233 +4.61
600–645 623 2 200.00–210.00 $205.18 $1,278 —
680 680 1 205.00 $205.00 $1,394 +13.00
745 745 1 200.00 $200.00 $1,490 +16.09
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–420 413 2 215.00–220.00 $217.55 $898 -10.96
486–490 487 6 216.00–218.00 $217.66 $1,060 -6.57
565 565 1 220.00 $220.00 $1,243 —
620–635 627 3 213.00–220.00 $217.67 $1,365 +13.64
675 675 1 218.00 $218.00 $1,472 +15.01
755 755 1 215.00 $215.00 $1,623 —
1020 1020 6 150.00 $150.00 $1,530 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355 355 1 200.00 $200.00 $710 -6.00
420–425 423 2 185.00 $185.00 $783 —
505 505 1 198.00 $198.00 $1,000 —
560–585 573 2 195.00–198.00 $196.47 $1,126 —
720 720 1 180.00 $180.00 $1,296 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 1 260.00 $260.00 $1,131 +17.48
450–480 467 3 250.00–255.00 $251.61 $1,175 +17.61
505–540 523 2 200.00 $200.00 $1,046 -31.50
580–590 583 3 200.00–212.00 $206.67 $1,205 —
610–615 613 2 210.00–215.00 $212.51 $1,303 —
665 665 1 210.00 $210.00 $1,396 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475 475 2 235.00–238.00 $236.50 $1,123 —
590 590 1 193.00 $193.00 $1,139 —
600 600 1 190.00 $190.00 $1,140 —
660 660 1 188.00 $188.00 $1,241 —
730–735 733 2 180.00–188.00 $184.01 $1,349 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
485 485 1 220.00 $220.00 $1,067 +20.00

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1010–1450 1159 80-85% 10 96.50–106.00 $101.32 $1,174 —
950–1790 1379 80-85% 15 108.50–118.50 $112.24 $1,548 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
715–845 780 85-90% 2 78.00–81.00 $79.63 $621 —
850–1475 1085 85-90% 8 86.00–93.00 $89.81 $974 +2.06

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1315–1550 1453 3 111.00–114.00 $112.58 $1,636 —
2175 2175 1 130.00 $130.00 $2,828 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
960 960 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,160.00 $1,160.00
1090 1090 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,260.00 $1,260.00
1115 1115 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,200.00 $1,200.00
1090–1415 1253 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 2 1,240.00–1,450.00 $1,331.38
1115–1400 1260 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 1,320.00–1,410.00 $1,359.23

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1175 1175 Middle Aged (5-8 yrs)Open 2 1,600.00 $1,600.00 +200.00
1010–1505 1275 Young (2-4 yrs)Open 10 1,860.00–2,125.00 $1,962.11 —

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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.