Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, July 24, 2023

288 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 288 506 352
Feeder cattle 212 416 306
Slaughter cattle 58 41 27
Replacement cattle 18 49 19

Market comments — USDA reporter

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

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
305–340 323 2 263.00–265.00 $264.05 $853 —
380–395 388 2 261.00–265.00 $263.04 $1,021 -9.26
425 425 1 255.00 $255.00 $1,084 +2.00
460 460 1 248.00 $248.00 $1,141 —
510–545 533 6 220.00–233.00 $226.83 $1,209 —
570–590 583 3 220.00–225.00 $222.64 $1,298 -5.36
605–645 620 7 213.00–221.00 $217.52 $1,349 -2.91
650–670 662 3 214.00–216.00 $214.68 $1,421 -8.32
705–745 725 3 195.00–208.00 $201.73 $1,463 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–425 412 3 260.00–270.00 $264.92 $1,091 -5.08
480 480 1 260.00 $260.00 $1,248 -10.00
520–540 528 3 238.00–242.00 $239.64 $1,265 —
580 580 1 235.00 $235.00 $1,363 -13.00
610–630 620 2 225.00 $225.00 $1,395 -5.00
1006 1006 5 196.00 $196.00 $1,972 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–315 313 2 253.00–258.00 $255.48 $800 +12.48
390 390 1 253.00 $253.00 $987 -2.00
415–435 425 2 219.00–220.00 $219.49 $933 —
575 575 1 218.00 $218.00 $1,254 —
635 635 1 205.00 $205.00 $1,302 —

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–330 325 2 230.00–240.00 $235.08 $764 +5.08
350–390 370 2 235.00–239.00 $237.11 $877 -2.93
415–445 433 6 230.00–235.00 $233.85 $1,013 -1.94
455–490 472 5 232.00–235.00 $234.02 $1,105 -3.99
510–530 523 3 218.00–225.00 $222.30 $1,163 +3.32
660 660 1 185.00 $185.00 $1,221 —
710–745 728 2 170.00–180.00 $175.12 $1,275 —
755 755 1 175.00 $175.00 $1,321 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–445 421 6 238.00–243.00 $239.47 $1,008 -5.39
490 490 1 240.00 $240.00 $1,176 -4.03
505 505 2 230.00–232.00 $231.00 $1,167 -1.28
845 845 1 175.00 $175.00 $1,479 —
850–860 855 2 171.00–174.00 $172.49 $1,475 —
975 975 1 168.00 $168.00 $1,638 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425 425 1 215.00 $215.00 $914 +25.00
450–455 453 2 200.00–218.00 $208.95 $947 +6.82
545 545 1 203.00 $203.00 $1,106 -1.91

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435–445 440 3 243.00–255.00 $250.38 $1,102 -17.83
470–480 475 2 248.00–250.00 $249.01 $1,183 -15.99
500–530 516 4 217.00–225.00 $220.48 $1,138 +0.48
620 620 1 198.00 $198.00 $1,228 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 1 225.00 $225.00 $911 -28.36
470–495 479 5 226.00–236.00 $231.97 $1,111 -23.03
530 530 1 200.00 $200.00 $1,060 —
645 645 1 175.00 $175.00 $1,129 —
655–660 658 2 180.00–181.00 $180.50 $1,188 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–475 463 2 218.00–220.00 $219.03 $1,014 -6.16
590 590 1 188.00 $188.00 $1,109 -12.00
780 780 1 168.00 $168.00 $1,310 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
860–950 905 85-90% 2 60.00–62.00 $60.95 $552 -10.38
880–1115 958 85-90% 4 76.00–83.00 $80.43 $771 —
920–1175 1012 85-90% 10 84.00–92.00 $87.71 $888 +0.64
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1060–1470 1283 80-85% 8 92.00–96.00 $94.04 $1,207 -7.94
1205–1425 1285 80-85% 4 97.00–107.00 $102.40 $1,316 +0.42

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1615–1740 1693 4 119.00–126.00 $122.54 $2,075 —
1665–1790 1728 2 116.00–116.50 $116.24 $2,009 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1425 1425 1 111.00 $111.00 $1,582 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1050–1065 1058 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 1,320.00–1,360.00 $1,339.86
1035–1235 1135 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 1,200.00–1,390.00 $1,286.63
1270 1270 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,325.00 $1,325.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
900 900 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,100.00 $1,100.00

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Bred Heifers

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1005 1005 (<2 yrs)1st/2nd Stage (1-6 mo) 1 1,420.00 $1,420.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1025 1025 Young (2-4 yrs)Open 2 1,400.00 $1,400.00 —

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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.