Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, August 14, 2023

463 head sold ·Official USDA report

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

light 6-weight M&L 1-2 heifers $241.00/cwt ≈ $1,518/hd at 630 lb · 79 head
light 6-weight M&L 1-2 steers $240.33/cwt ≈ $1,507/hd at 627 lb · 12 head
heavy 5-weight M&L 1-2 steers $249.00/cwt ≈ $1,402/hd at 563 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 463 299 593
Feeder cattle 378 233 522
Slaughter cattle 62 50 38
Replacement cattle 23 16 33

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 3-5 higher and slaughter cows and bulls steady. Sold 79 head of black hided heifers weighing 630 lb. average @ $2.4080 per lb.

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
305–345 328 5 293.00–305.00 $297.87 $977 -2.13
355–390 375 6 293.00–303.00 $299.14 $1,122 —
410–430 417 5 290.00–300.00 $296.19 $1,235 +19.97
530 530 1 240.00 $240.00 $1,272 -8.00
589 589 9 242.00 $242.00 $1,425 —
605 605 1 230.00 $230.00 $1,392 -6.34
663 663 3 229.00 $229.00 $1,518 —
710 710 1 225.00 $225.00 $1,598 —
770 770 1 224.00 $224.00 $1,725 —
805 805 1 205.00 $205.00 $1,650 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–340 330 2 283.00–285.00 $283.97 $937 +10.97
370 370 1 280.00 $280.00 $1,036 -1.48
425–445 438 4 270.00–280.00 $274.97 $1,204 +24.97
450–495 477 3 273.00–278.00 $275.41 $1,314 +34.92
530 530 1 233.00 $233.00 $1,235 +2.79
580–590 582 6 235.00 $235.00 $1,368 +1.00
675–695 690 4 222.00–226.00 $222.98 $1,539 +3.48
749 749 8 220.00 $220.00 $1,648 +20.00
750 750 3 217.00 $217.00 $1,628 +7.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
536 536 3 246.00 $246.00 $1,319 —
563 563 11 249.00 $249.00 $1,402 —
627–628 627 12 238.00–242.00 $240.33 $1,507 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 1 268.00 $268.00 $871 +0.54
385 385 1 275.00 $275.00 $1,059 —
450–485 475 6 258.00–268.00 $265.04 $1,259 —
565–580 573 2 220.00 $220.00 $1,261 +2.37
670 670 1 200.00 $200.00 $1,340 -9.00

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
630 630 79 241.00 $241.00 $1,518 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365–395 383 4 238.00–240.00 $239.01 $915 —
405 405 3 235.00–240.00 $237.67 $963 +6.84
460–470 464 6 234.00–238.00 $237.01 $1,100 —
546 546 9 234.00 $234.00 $1,278 +12.47
580 580 1 229.00 $229.00 $1,328 —
611–615 612 6 208.00 $208.00 $1,273 +4.09
1062 1062 5 150.00 $150.00 $1,593 —
1105 1105 1 145.00 $145.00 $1,602 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–345 333 2 220.00–225.00 $222.41 $741 —
405–410 407 3 222.00–230.00 $226.65 $922 +5.33
460–480 474 8 220.00–231.00 $227.75 $1,080 +3.48
505–545 518 3 218.00–220.00 $218.97 $1,134 +13.50
565–580 573 2 209.00–212.00 $210.52 $1,206 +6.52
620 620 2 184.00–190.00 $187.00 $1,159 —
710 710 1 180.00 $180.00 $1,278 —
845 845 1 170.00 $170.00 $1,436 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 1 210.00 $210.00 $924 +10.00
450–480 465 2 209.00–216.00 $212.39 $988 +7.39
560–595 574 4 190.00–216.00 $199.82 $1,147 +9.82
660 660 1 178.00 $178.00 $1,175 -1.00

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–445 437 3 230.00–240.00 $236.60 $1,034 -13.40
480 480 1 240.00 $240.00 $1,152 -3.83
505 505 1 190.00 $190.00 $960 -18.66
565–585 575 3 198.00 $198.00 $1,138 -7.26
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415–445 430 2 253.00–258.00 $255.59 $1,099 -12.41
455 455 1 248.00 $248.00 $1,128 -12.00
620–630 623 3 180.00–190.00 $186.68 $1,163 -14.27
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 220.00 $220.00 $979 -14.00

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
825–920 882 85-90% 3 66.00–74.00 $70.54 $622 +0.11
780–1190 904 85-90% 7 78.00–86.00 $81.87 $740 -7.78
830–1305 1027 85-90% 6 88.00–93.00 $89.93 $924 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
860–1215 1024 80-85% 7 94.00–99.00 $96.79 $991 —
1025–1325 1182 80-85% 8 100.00–104.00 $101.21 $1,196 +3.96

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1490–1530 1510 2 120.00–125.50 $122.79 $1,854 —
1545–1895 1765 3 126.00–133.00 $128.68 $2,271 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1115 1115 1 112.00 $112.00 $1,249 —
1255–1370 1313 2 117.00–118.50 $117.72 $1,546 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
930 930 Young (2-4 yrs)2nd Stage (4-6 mo) 2 1,075.00–1,150.00 $1,112.50
955 955 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,000.00 $1,000.00
990 990 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,190.00 $1,190.00
1125 1125 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,050.00 $1,050.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1200 1200 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,300.00 $1,300.00

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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.