Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, July 8, 2024

370 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 370 333 333
Feeder cattle 278 209 205
Slaughter cattle 76 89 77
Replacement cattle 16 35 51

Market comments — USDA reporter

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

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
290 290 1 350.00 $350.00 $1,015 -60.00
330 330 1 360.00 $360.00 $1,188 -18.98
355–385 367 3 367.00–370.00 $368.33 $1,352 —
405–432 419 4 333.00–344.00 $336.15 $1,408 -0.12
510–530 518 3 293.00–300.00 $296.00 $1,533 +0.55
605–615 610 2 273.00–282.00 $277.54 $1,693 +8.98
730 730 1 240.00 $240.00 $1,752 ±0.00
862–875 864 8 227.00–230.00 $227.38 $1,965 —
975 975 2 210.00 $210.00 $2,048 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 1 350.00 $350.00 $1,138 -11.55
355 355 1 341.00 $341.00 $1,211 -24.00
445 445 1 315.00 $315.00 $1,402 -5.00
495 495 3 317.00–324.00 $319.33 $1,581 —
505–545 528 5 278.00–286.00 $281.56 $1,487 —
550 550 2 274.00–285.00 $279.50 $1,537 -2.91
605–615 609 4 253.00–260.00 $257.00 $1,565 +6.00
660 660 1 257.00 $257.00 $1,696 —
705–735 722 3 229.00–240.00 $233.71 $1,687 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 330.00 $330.00 $1,006 —
385 385 1 329.00 $329.00 $1,267 -22.41
445 445 1 300.00 $300.00 $1,335 —
460–490 480 3 301.00–306.00 $304.30 $1,461 -3.28
540 540 1 269.00 $269.00 $1,453 -4.04
550–590 580 5 258.00–268.00 $265.05 $1,537 -8.95
615–640 625 3 246.00–251.00 $249.02 $1,556 —
650–655 653 2 240.00–248.00 $243.98 $1,593 —

↑ Back to top

Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425 425 1 263.00 $263.00 $1,118 -15.97
460–482 471 2 260.00–265.00 $262.56 $1,237 -9.97
505–525 515 2 240.00–248.00 $243.92 $1,256 —
560–595 578 3 236.00–244.00 $241.33 $1,395 -5.67
615–640 628 2 218.00–225.00 $221.57 $1,391 —
660–665 663 2 218.00–220.00 $219.00 $1,452 -6.00
712–740 716 8 212.00–221.00 $219.84 $1,574 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 301.00 $301.00 $963 -10.00
355–375 365 2 291.00–293.00 $291.97 $1,066 -28.03
415–445 430 2 270.00–280.00 $274.83 $1,182 -43.17
505–525 515 3 256.00–261.00 $258.30 $1,330 +3.77
583 583 3 253.00 $253.00 $1,475 —
602–620 606 7 231.00–240.00 $233.87 $1,417 -2.13
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–445 436 4 252.00–257.00 $255.47 $1,114 -9.50
475 475 1 250.00 $250.00 $1,188 -11.98
580 580 1 232.00 $232.00 $1,346 -1.46
720 720 1 210.00 $210.00 $1,512 —

↑ Back to top

Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 313.00 $313.00 $1,393 -2.00
450–460 455 2 308.00–315.00 $311.54 $1,418 —
520 520 1 275.00 $275.00 $1,430 +22.01
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510–545 528 2 242.00–251.00 $246.35 $1,301 +7.76
575 575 1 250.00 $250.00 $1,438 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470–485 478 2 271.00–280.00 $275.57 $1,317 -1.43

↑ Back to top

Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
910–1335 1164 80-85% 5 130.50–136.50 $133.81 $1,558 -10.18
1050–1385 1238 80-85% 4 148.00–152.00 $150.08 $1,858 —
1125–1475 1311 80-85% 5 140.00–146.25 $143.24 $1,878 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
750–895 823 85-90% 2 104.00–110.00 $106.74 $878 —
855–975 910 85-90% 3 116.00–119.00 $117.65 $1,071 —
915–1100 983 85-90% 7 121.00–129.00 $125.56 $1,234 -5.92
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1325 1325 75-80% 1 138.75 $138.75 $1,838 +7.75

↑ Back to top

Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1565–1895 1721 5 160.00–167.00 $163.29 $2,810 —
2205 2205 1 172.00 $172.00 $3,793 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1130 1130 1 141.00 $141.00 $1,593 —
1185 1185 1 153.25 $153.25 $1,816 —
1725 1725 1 150.00 $150.00 $2,588 —

↑ Back to top

Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1070 1070 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,410.00 $1,410.00
1110–1235 1173 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 1,420.00–1,500.00 $1,462.13

↑ Back to top

Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1140 1140 Middle Aged (5-8 yrs)Open 2 1,600.00 $1,600.00 —

↑ Back to top

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.