Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, August 28, 2023

570 head sold ·Official USDA report

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

heavy 5-weight M&L 1-2 heifers $215.09/cwt ≈ $1,282/hd at 596 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 570 454 499
Feeder cattle 435 319 426
Slaughter cattle 95 68 36
Replacement cattle 40 67 37

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady, and slaughter cows and bulls were 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
315–340 327 3 265.00–273.00 $269.39 $881 -0.61
350–380 363 6 265.00–275.00 $270.92 $983 +5.26
405 405 1 260.00 $260.00 $1,053 +7.00
450 450 1 253.00 $253.00 $1,138 -3.00
530 530 1 238.00 $238.00 $1,261 +5.54
550–595 578 3 214.00–225.00 $218.72 $1,264 -12.30
610–640 625 2 215.00–216.00 $215.51 $1,347 —
660–690 668 6 204.00–216.00 $209.67 $1,401 -11.33
705–710 708 2 203.00–215.00 $208.98 $1,480 -8.02
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
240 240 1 295.00 $295.00 $708 —
310 310 1 290.00 $290.00 $899 +10.00
350–370 358 3 280.00 $280.00 $1,002 +7.00
405–425 413 3 268.00–275.00 $272.03 $1,123 +5.06
505–540 516 4 233.00–240.00 $236.70 $1,221 -2.12
555 555 1 230.00 $230.00 $1,276 -8.03
605 605 7 230.00 $230.00 $1,392 -2.67
870 870 1 190.00 $190.00 $1,653 —
975 975 1 172.00 $172.00 $1,677 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 260.00 $260.00 $806 +5.00
360–375 367 3 260.00–270.00 $264.30 $970 —
405–435 420 2 248.00 $248.00 $1,042 —
455–485 470 2 245.00–248.00 $246.45 $1,158 -1.57
505 505 1 220.00 $220.00 $1,111 —
585 585 2 200.00–210.00 $205.00 $1,199 -16.00
645 645 1 210.00 $210.00 $1,354 +5.36
680 680 1 193.00 $193.00 $1,312 —
710 710 1 190.00 $190.00 $1,349 —

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 218.00 $218.00 $752 +3.00
360–390 373 6 220.00–224.00 $221.02 $824 +1.02
405–445 420 5 208.00–222.00 $212.74 $894 +2.74
460–490 480 3 199.00–210.00 $202.85 $974 -8.67
550–590 565 4 190.00–198.00 $193.06 $1,091 -11.94
610–630 620 2 190.00–197.00 $193.44 $1,199 —
655 655 1 190.00 $190.00 $1,244 +2.54
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390 390 1 229.00 $229.00 $893 —
410–420 413 3 216.00–220.00 $218.68 $903 -4.58
450–475 463 2 215.00–221.00 $217.92 $1,009 -2.57
510–535 525 3 200.00–210.00 $204.92 $1,076 -10.48
590 590 1 205.00 $205.00 $1,210 -8.04
645 645 1 210.00 $210.00 $1,354 -1.58
683 683 5 209.00 $209.00 $1,427 —
788 788 3 200.00 $200.00 $1,576 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525 525 8 218.00 $218.00 $1,144 —
595–597 596 11 214.00–217.00 $215.09 $1,282 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365–375 370 4 210.00–214.00 $212.26 $785 —
410–440 428 4 190.00–210.00 $200.95 $860 +2.95
465 465 1 190.00 $190.00 $884 —
605–630 618 2 182.00–184.00 $183.02 $1,131 —
650–690 670 2 180.00–187.00 $183.40 $1,229 —
710–715 713 2 178.00–185.00 $181.51 $1,294 +1.51

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415–430 423 2 250.00–255.00 $252.46 $1,068 —
450 450 1 245.00 $245.00 $1,102 -25.00
510–545 524 5 192.00–202.00 $197.86 $1,037 -30.14
605–635 620 2 180.00–188.00 $183.90 $1,140 -15.10
670 670 2 180.00 $180.00 $1,206 -11.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–445 425 2 240.00 $240.00 $1,020 —
480 480 1 242.00 $242.00 $1,162 -7.00
520 520 1 188.00 $188.00 $978 -24.57
585 585 1 190.00 $190.00 $1,112 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–440 428 4 220.00–233.00 $227.09 $972 —
460 460 1 230.00 $230.00 $1,058 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
865–1090 921 85-90% 5 77.00–82.00 $79.74 $734 +2.30
810–1090 928 85-90% 6 65.00–72.50 $70.35 $653 -7.09
760–1210 951 85-90% 8 85.00–90.00 $87.33 $831 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1025–1430 1169 80-85% 9 95.00–101.00 $98.63 $1,153 +5.62
1035–1540 1195 80-85% 10 102.00–108.00 $105.02 $1,255 +12.01
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1350–1585 1473 75-80% 3 85.00–89.00 $86.70 $1,277 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1175 1175 1 115.00 $115.00 $1,351 —
1615–1830 1748 4 120.00–120.50 $120.13 $2,100 —
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1545 1545 1 122.00 $122.00 $1,885 -1.50
1680–1895 1805 3 125.00–131.00 $128.03 $2,311 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1020 1020 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,100.00 $1,100.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
910–1150 1018 Young (2-4 yrs)Open 6 1,325.00–1,450.00 $1,406.25 —
1080 1080 Middle Aged (5-8 yrs)Open 2 1,320.00 $1,320.00 —
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
935 935 Young (2-4 yrs)Open 2 950.00 $950.00 —

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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.