Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, August 21, 2023

454 head sold ·Official USDA report

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

light 7-weight M&L 1-2 steers $212.00/cwt ≈ $1,582/hd at 746 lb · 14 head
light 6-weight M&L 1-2 heifers $231.00/cwt -10.00 vs last sale · ≈ $1,441/hd at 624 lb · 12 head
light 6-weight M&L 1 heifers $211.58/cwt +3.58 vs last sale · ≈ $1,312/hd at 620 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 454 463 444
Feeder cattle 319 378 373
Slaughter cattle 68 62 53
Replacement cattle 67 23 18

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 2-5 lower. Slaughter cows and bulls were 2-5 lower as well.

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
638 638 5 227.00 $227.00 $1,448 -13.33
661 661 8 229.00 $229.00 $1,514 —
746 746 14 212.00 $212.00 $1,582 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–330 325 2 270.00 $270.00 $878 -13.97
355–390 372 5 260.00–270.00 $265.66 $988 -14.34
430 430 1 253.00 $253.00 $1,088 -21.97
460 460 1 256.00 $256.00 $1,178 -19.41
520–535 528 2 230.00–235.00 $232.46 $1,227 -0.54
560–583 579 6 228.00–232.00 $231.02 $1,338 -3.98
655 655 1 221.00 $221.00 $1,448 -1.98
720 720 1 217.00 $217.00 $1,562 -3.00
775 775 5 208.00 $208.00 $1,612 -9.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 280.00 $280.00 $854 -17.87
350 350 1 273.00 $273.00 $956 -26.14
405–420 414 4 260.00–270.00 $266.97 $1,105 -29.22
525–540 530 5 237.00–242.00 $238.82 $1,266 -1.18
565–585 575 2 236.00–240.00 $238.03 $1,369 -3.97
605–620 613 3 229.00–239.00 $232.67 $1,426 +2.67
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315 315 1 255.00 $255.00 $803 -13.00
470–490 480 2 247.00–249.00 $248.02 $1,190 -17.02
595 595 1 221.00 $221.00 $1,315 +1.00
605–645 625 2 200.00–209.00 $204.64 $1,279 —
790 790 1 190.00 $190.00 $1,501 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–440 428 4 222.00–225.00 $223.26 $956 -14.41
460–470 464 4 218.00–225.00 $220.49 $1,023 -16.52
505–535 518 5 213.00–218.00 $215.40 $1,116 -18.60
550–591 579 6 210.00–215.00 $213.04 $1,234 -15.96
605–623 620 11 200.00–213.00 $211.58 $1,312 +3.58
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 215.00 $215.00 $731 -7.41
395 395 1 220.00 $220.00 $869 —
430 430 1 210.00 $210.00 $903 -16.65
480–495 490 4 208.00–215.00 $211.52 $1,036 -16.23
520–535 525 4 200.00–208.00 $203.98 $1,071 -14.99
570 570 1 205.00 $205.00 $1,168 -5.52
655–675 660 4 182.00–193.00 $187.46 $1,237 —
755–780 768 2 183.00–190.00 $186.44 $1,432 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
624 624 12 231.00 $231.00 $1,441 -10.00
655 655 3 226.00 $226.00 $1,480 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 205.00 $205.00 $625 —
430 430 1 198.00 $198.00 $851 -12.00
575–595 582 3 180.00–190.00 $183.30 $1,067 -16.52
730 730 1 180.00 $180.00 $1,314 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–465 458 2 270.00 $270.00 $1,237 +22.00
505 505 1 228.00 $228.00 $1,151 —
615–620 618 2 198.00–200.00 $199.00 $1,230 +12.32
660 660 1 191.00 $191.00 $1,261 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
550–575 560 3 195.00–198.00 $195.99 $1,098 —
615–630 620 3 170.00–178.00 $172.65 $1,070 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 455 1 249.00 $249.00 $1,133 +9.00
505–535 520 2 210.00–215.00 $212.57 $1,105 +22.57
620 620 1 182.00 $182.00 $1,128 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
960–1370 1172 80-85% 11 90.00–96.00 $93.01 $1,090 -8.20
1120–1490 1309 80-85% 8 98.00–104.50 $100.31 $1,313 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
835–1000 891 85-90% 4 70.00–72.00 $71.51 $637 +0.97
800–1190 926 85-90% 6 74.00–80.00 $77.44 $717 -4.43
800–1245 998 85-90% 5 85.00–89.50 $87.39 $872 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1230–1490 1402 75-80% 3 88.00–91.00 $89.77 $1,259 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1515 1515 1 123.50 $123.50 $1,871 +0.71
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1300 1300 1 96.00 $96.00 $1,248 -21.72

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
910–1090 1003 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 3 1,180.00–1,350.00 $1,252.16
1005–1050 1028 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 1,125.00–1,250.00 $1,186.13
1050 1050 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,190.00 $1,190.00
965–1200 1122 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 3 1,200.00–1,280.00 $1,257.06
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
800 800 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,100.00 $1,100.00
855 855 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,000.00 $1,000.00
800–940 870 Young (2-4 yrs)1st Stage (1-3 mo) 2 950.00–1,050.00 $995.98
915 915 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 850.00 $850.00
1005 1005 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,050.00 $1,050.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1170 1170 Young (2-4 yrs)Open 2 1,380.00 $1,380.00 —
1085–1520 1303 Middle Aged (5-8 yrs)Open 4 1,350.00–1,750.00 $1,583.40 —

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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.