Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, July 31, 2023

308 head sold ·Official USDA report

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

heavy 4-weight M&L 3 steers $248.15/cwt ≈ $1,161/hd at 468 lb · 14 head
light 7-weight M&L 1 heifers $200.00/cwt ≈ $1,442/hd at 721 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 308 288 212
Feeder cattle 252 212 176
Slaughter cattle 44 58 29
Replacement cattle 12 18 7

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were a good steady market. Slaughter cows and bulls were steady as well.

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
340 340 1 288.00 $288.00 $979 +23.95
385 385 1 283.00 $283.00 $1,090 +19.96
405–435 419 6 260.00–273.00 $267.04 $1,119 +12.04
480 480 1 263.00 $263.00 $1,262 +15.00
515–535 525 2 230.00 $230.00 $1,208 +3.17
565–575 573 6 220.00–230.00 $225.85 $1,294 +3.21
605–635 620 4 196.00–200.00 $198.52 $1,231 -19.00
723–735 725 7 200.00–207.00 $205.99 $1,493 +4.26
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–345 325 2 310.00–320.00 $314.69 $1,023 —
385 385 1 295.00 $295.00 $1,136 —
410–420 418 6 275.00–283.00 $280.18 $1,171 +15.26
450 450 1 278.00 $278.00 $1,251 +18.00
525 525 1 239.00 $239.00 $1,255 -0.64
605–635 621 8 217.00–229.00 $223.28 $1,387 -1.72
710–715 712 5 213.00–215.00 $214.00 $1,524 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 265.00 $265.00 $808 +9.52
365 365 1 263.00 $263.00 $960 +10.00
405 405 1 280.00 $280.00 $1,134 +60.51
456–495 468 14 241.00–256.00 $248.15 $1,161 —
510 510 1 240.00 $240.00 $1,224 —
555 555 1 210.00 $210.00 $1,166 -8.00
610 610 1 175.00 $175.00 $1,068 -30.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
603 603 7 250.00 $250.00 $1,508 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350–355 353 2 255.00–265.00 $259.96 $918 —
410–430 419 4 226.00–232.00 $228.74 $958 -10.73
455 455 1 223.00 $223.00 $1,015 -17.00
505 505 2 214.00–224.00 $219.00 $1,106 -12.00
625 625 5 208.00 $208.00 $1,300 —
721 721 10 200.00 $200.00 $1,442 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 226.00 $226.00 $723 -9.08
355–380 365 3 225.00–238.00 $232.17 $847 -4.94
430–440 435 2 218.00–222.00 $219.98 $957 -13.87
450–492 479 5 218.00–223.00 $219.36 $1,051 -14.66
515–545 530 4 194.00–210.00 $202.32 $1,072 -19.98
565–590 578 2 200.00–210.00 $204.89 $1,184 —
605–630 613 3 190.00–194.00 $191.66 $1,175 —
650 650 1 185.00 $185.00 $1,202 ±0.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355 355 1 223.00 $223.00 $792 —
420–445 433 2 200.00 $200.00 $866 -15.00
510 510 1 195.00 $195.00 $994 -8.00
570–585 577 3 189.00–195.00 $191.36 $1,104 —
630 630 1 175.00 $175.00 $1,102 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–425 423 2 248.00–255.00 $251.48 $1,064 +1.10
545 545 1 204.00 $204.00 $1,112 -16.48
550 550 1 208.00 $208.00 $1,144 —
605–645 627 5 190.00–205.00 $196.60 $1,233 -1.40
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410 410 1 228.00 $228.00 $935 +3.00
460–465 463 2 228.00–233.00 $230.49 $1,067 -1.48
520 520 1 200.00 $200.00 $1,040 ±0.00
590 590 1 198.00 $198.00 $1,168 —
615 615 1 188.00 $188.00 $1,156 +13.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465–470 468 2 210.00 $210.00 $983 -9.03
505 505 1 180.00 $180.00 $909 —
620 620 1 190.00 $190.00 $1,178 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
935–1295 1073 80-85% 9 93.00–103.00 $97.50 $1,046 —
1010–1605 1212 80-85% 5 104.00–115.00 $109.21 $1,324 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
815–1025 933 85-90% 4 73.00–82.50 $78.04 $728 +17.09
840–1075 971 85-90% 5 86.00–90.50 $88.67 $861 +8.24
995 995 85-90% 1 70.00 $70.00 $696 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1495–1620 1572 75-80% 3 93.00–95.50 $94.19 $1,481 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1405 1405 1 116.00 $116.00 $1,630 —
1395–1855 1725 4 122.00–123.00 $122.66 $2,116 +6.42
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1275 1275 1 101.00 $101.00 $1,288 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
875 875 Young (2-4 yrs)1st Stage (1-3 mo) 1 900.00 $900.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1175 1175 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 2 1,450.00 $1,450.00 —

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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.