Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, July 17, 2023

506 head sold ·Official USDA report

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

heavy 5-weight M&L 1-2 steers $266.84/cwt ≈ $1,513/hd at 567 lb · 47 head
heavy 5-weight M&L 1 heifers $234.00/cwt +14.00 vs last sale · ≈ $1,343/hd at 574 lb · 32 head
light 6-weight M&L 1-2 heifers $230.00/cwt ≈ $1,486/hd at 646 lb · 30 head

Receipts

HeadThis saleLast saleLast year
Total receipts 506 333 346
Feeder cattle 416 205 289
Slaughter cattle 41 77 40
Replacement cattle 49 51 17

Market comments — USDA reporter

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

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475–495 489 14 275.00–276.00 $275.28 $1,346 —
525–546 540 30 260.00–269.00 $266.37 $1,438 —
559–569 567 47 266.00–270.00 $266.84 $1,513 —
607 607 2 245.00 $245.00 $1,487 —
667 667 28 240.00 $240.00 $1,601 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
275–285 280 2 270.00 $270.00 $756 —
370–395 380 5 265.00–278.00 $272.30 $1,035 +7.61
415 415 1 253.00 $253.00 $1,050 -5.00
562 562 2 228.00 $228.00 $1,281 —
605–645 636 7 218.00–225.00 $220.43 $1,402 +12.43
660 660 3 223.00 $223.00 $1,472 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–325 318 3 290.00 $290.00 $922 +13.00
370–380 375 2 280.00–283.00 $281.48 $1,056 +8.11
425 425 1 270.00 $270.00 $1,148 +6.61
468 468 4 270.00 $270.00 $1,264 +4.95
590 590 1 248.00 $248.00 $1,463 +20.89
635 635 1 230.00 $230.00 $1,460 +10.03
675 675 1 230.00 $230.00 $1,552 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 243.00 $243.00 $753 —
370 370 1 255.00 $255.00 $944 —
695 695 1 210.00 $210.00 $1,460 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 253.00 $253.00 $848 —
355–395 377 6 245.00–248.00 $247.02 $931 —
420–445 433 2 240.00–250.00 $244.86 $1,060 +27.31
450–485 458 14 241.00–250.00 $244.03 $1,118 +26.37
505–525 513 3 229.00–238.00 $232.28 $1,192 —
574 574 32 234.00 $234.00 $1,343 +14.00
620 620 1 218.00 $218.00 $1,352 +0.33
800–815 808 2 180.00 $180.00 $1,454 —
1050 1050 4 150.00 $150.00 $1,575 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
551 551 16 250.00 $250.00 $1,378 —
646 646 30 230.00 $230.00 $1,486 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 230.00 $230.00 $736 +20.00
375–390 383 2 238.00–242.00 $240.04 $919 +22.47
405–430 412 4 233.00–239.00 $235.79 $971 +24.30
475–480 478 2 237.00–239.00 $238.01 $1,138 +30.95
505–530 518 2 218.00–220.00 $218.98 $1,134 +11.40
560 560 1 220.00 $220.00 $1,232 +7.48
600–635 625 11 200.00 $200.00 $1,250 -5.18
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 1 190.00 $190.00 $770 +5.00
460–470 463 3 193.00–220.00 $202.13 $936 —
520–540 530 2 200.00–210.00 $204.91 $1,086 +6.91

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–445 423 5 263.00–275.00 $268.21 $1,135 +8.21
450–460 455 2 265.00 $265.00 $1,206 +13.39
535 535 1 220.00 $220.00 $1,177 +20.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 1 220.00 $220.00 $957 —
450–485 468 2 220.00–230.00 $225.19 $1,054 +5.19
515 515 1 207.00 $207.00 $1,066 —
585 585 1 200.00 $200.00 $1,170 —
635 635 1 175.00 $175.00 $1,111 —
715 715 1 175.00 $175.00 $1,251 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430–445 440 3 250.00–259.00 $253.36 $1,115 —
490 490 1 255.00 $255.00 $1,250 +18.50

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1145–1310 1246 80-85% 6 92.50–97.00 $95.31 $1,188 —
1080–1600 1292 80-85% 5 98.00–108.00 $101.98 $1,318 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
865–990 910 85-90% 3 68.00–75.00 $71.33 $649 —
880–1170 1016 85-90% 6 85.00–89.50 $87.07 $885 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1205–1565 1448 75-80% 5 82.00–92.00 $87.60 $1,268 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1480–1750 1615 2 106.00–107.00 $106.46 $1,719 —
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1620 1620 1 117.00 $117.00 $1,895 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1050 1050 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,300.00 $1,300.00
1035–1305 1142 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 1,100.00–1,170.00 $1,144.01
1165 1165 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,150.00 $1,150.00
1215–1405 1310 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 1,110.00–1,300.00 $1,211.89
1320 1320 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,350.00 $1,350.00

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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.