Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, August 7, 2023

299 head sold ·Official USDA report

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

light 5-weight M&L 3 heifers $195.00/cwt ±0.00 vs last sale · ≈ $1,024/hd at 525 lb · 10 head
light 6-weight M&L 2 steers $222.93/cwt +24.41 vs last sale · ≈ $1,391/hd at 624 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 299 308 422
Feeder cattle 233 252 336
Slaughter cattle 50 44 65
Replacement cattle 16 12 21

Market comments — USDA reporter

Good day, as compared to last weeks market feeder calves were steady. And slaughter cows steady and bulls were 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
305 305 1 273.00 $273.00 $833 -15.00
370–390 378 6 275.00–288.00 $281.48 $1,064 -1.52
420 420 1 250.00 $250.00 $1,050 -17.04
480–490 485 4 240.00–242.00 $240.49 $1,166 -22.51
500–545 524 8 225.00–236.00 $230.21 $1,206 +0.21
560 560 1 234.00 $234.00 $1,310 +8.15
610–635 624 10 213.00–225.00 $222.93 $1,391 +24.41
670–680 675 2 219.00–220.00 $219.50 $1,482 —
735 735 1 200.00 $200.00 $1,470 -5.99
775–780 778 2 210.00 $210.00 $1,634 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–315 310 2 265.00–270.00 $267.46 $829 +2.46
515 515 5 209.00–220.00 $211.20 $1,088 -28.80
555–580 570 3 213.00–220.00 $217.63 $1,240 +7.63
680 680 1 209.00 $209.00 $1,421 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 300.00 $300.00 $930 -14.69
405–440 424 4 268.00–294.00 $276.22 $1,171 -3.96
465 465 1 274.00 $274.00 $1,274 -4.00
505 505 1 248.00 $248.00 $1,252 +9.00
610–630 618 3 234.00–239.00 $236.34 $1,461 +13.06

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–435 423 5 229.00–232.00 $230.83 $976 +2.09
525–545 537 6 216.00–225.00 $221.53 $1,190 +2.53
625–643 640 9 200.00–205.00 $203.91 $1,305 -4.09
690 690 1 192.00 $192.00 $1,325 —
850 850 1 178.00 $178.00 $1,513 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385 385 1 210.00 $210.00 $808 -13.00
425 425 1 200.00 $200.00 $850 ±0.00
460 460 1 205.00 $205.00 $943 —
525 525 10 195.00 $195.00 $1,024 ±0.00
550 550 1 190.00 $190.00 $1,045 -1.36
673 673 7 179.00 $179.00 $1,205 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355–390 370 5 228.00–232.00 $230.20 $852 -1.97
410–445 427 3 216.00–225.00 $221.32 $945 +1.34
460–495 476 4 220.00–227.00 $224.27 $1,068 +4.91
535–540 538 2 200.00–211.00 $205.47 $1,105 +3.15
575–595 585 2 204.00 $204.00 $1,193 -0.89

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 1 250.00 $250.00 $1,012 +22.00
455–485 468 3 239.00–253.00 $243.83 $1,141 +13.34
515–535 527 3 206.00–210.00 $208.66 $1,100 +8.66
550–575 567 3 200.00–210.00 $205.26 $1,164 +7.26
815 815 1 178.00 $178.00 $1,451 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–430 425 2 268.00 $268.00 $1,139 +16.52
450 450 1 260.00 $260.00 $1,170 —
515 515 1 228.00 $228.00 $1,174 +24.00
615–625 622 3 193.00–210.00 $200.95 $1,250 +4.35
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420 420 1 234.00 $234.00 $983 —
470–485 478 2 220.00–233.00 $226.60 $1,083 +16.60
590 590 1 186.00 $186.00 $1,097 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1010–1395 1191 80-85% 9 94.00–101.00 $97.25 $1,158 —
1085–1540 1211 80-85% 8 102.50–112.00 $105.70 $1,280 -3.51
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
805–975 883 85-90% 6 65.00–75.00 $70.43 $622 —
765–1130 921 85-90% 7 85.00–93.00 $89.65 $826 +11.61

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1655 1655 1 119.00 $119.00 $1,969 —
1905 1905 1 133.00 $133.00 $2,534 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1450 1450 1 107.00 $107.00 $1,552 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
825 825 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,000.00 $1,000.00
990 990 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,200.00 $1,200.00

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Bred Heifers

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
760–870 815 (<2 yrs)2nd/3rd Stage (4-9 mo) 2 1,130.00–1,200.00 $1,167.36

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
985 985 Young (2-4 yrs)2nd Stage (4-6 mo) 2 1,275.00 $1,275.00 —
1005 1005 Young (2-4 yrs)Open 2 1,375.00 $1,375.00 —

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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.