Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, July 15, 2024

234 head sold ·Official USDA report

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

heavy 9-weight M&L 1-2 heifers $200.00/cwt ≈ $1,914/hd at 957 lb · 16 head
heavy 5-weight M&L 2 steers $273.30/cwt -6.20 vs last sale · ≈ $1,577/hd at 577 lb · 14 head

Receipts

HeadThis saleLast saleLast year
Total receipts 234 370 506
Feeder cattle 178 278 416
Slaughter cattle 38 76 41
Replacement cattle 18 16 49

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady. And slaughter cattle maybe a little softer.

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
310 310 1 328.00 $328.00 $1,017 -22.00
355 355 1 330.00 $330.00 $1,172 -11.00
435 435 1 295.00 $295.00 $1,283 -20.00
455–480 468 2 294.00–300.00 $296.92 $1,390 -22.41
520 520 1 271.00 $271.00 $1,409 -10.56
555–580 577 14 270.00–274.00 $273.30 $1,577 -6.20
640 640 1 240.00 $240.00 $1,536 -17.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
265 265 1 350.00 $350.00 $928 ±0.00
305–325 315 2 340.00–341.00 $340.52 $1,073 -19.48
405–444 438 7 320.00–325.00 $324.34 $1,421 -11.81
451–460 454 7 316.00 $316.00 $1,435 —
520 520 1 285.00 $285.00 $1,482 -11.00
610 610 1 250.00 $250.00 $1,525 -27.54
720 720 1 249.00 $249.00 $1,793 +9.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
501 501 8 308.00 $308.00 $1,543 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 315.00 $315.00 $1,071 -15.00
455 455 1 281.00 $281.00 $1,279 -23.30
565–585 575 2 267.00–268.00 $267.51 $1,538 +2.46

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
845 845 4 212.00 $212.00 $1,791 —
957 957 16 200.00 $200.00 $1,914 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380–388 386 4 292.00–294.00 $293.51 $1,133 —
410–445 438 7 260.00–270.00 $267.96 $1,174 +4.96
520–545 533 2 230.00–232.00 $230.98 $1,231 -12.94
550–585 571 4 238.00–239.00 $238.25 $1,360 -3.08
665–690 678 2 220.00–229.00 $224.42 $1,522 +5.42
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 313.00 $313.00 $908 —
330–340 334 4 305.00–313.00 $309.28 $1,033 +8.28
515–520 517 3 248.00–250.00 $248.67 $1,286 -9.63
550 550 3 242.00 $242.00 $1,331 -11.00
645 645 1 240.00 $240.00 $1,548 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425 425 1 254.00 $254.00 $1,080 -1.47
460–470 465 2 249.00–252.00 $250.48 $1,165 +0.48

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 1 279.00 $279.00 $1,228 —
450–470 459 4 275.00–282.00 $278.25 $1,277 —
630 630 1 230.00 $230.00 $1,449 —
660 660 1 231.00 $231.00 $1,525 —
710 710 1 219.00 $219.00 $1,555 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–440 425 2 290.00–292.00 $290.96 $1,237 -22.04
515–525 520 2 254.00–259.00 $256.48 $1,334 -18.52
615–620 618 2 236.00–245.00 $240.52 $1,486 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425 425 1 270.00 $270.00 $1,148 —
650 650 1 215.00 $215.00 $1,398 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
910 910 85-90% 1 112.00 $112.00 $1,019 -5.65
865–1030 978 85-90% 4 122.00–129.50 $125.46 $1,227 -0.10
1015–1160 1075 85-90% 4 131.00–137.00 $133.54 $1,436 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1095–1355 1187 80-85% 3 135.00–137.50 $136.26 $1,617 +2.45
1085–1250 1203 80-85% 4 138.00–142.00 $140.25 $1,687 -9.83
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1340–1565 1438 75-80% 3 133.50–135.50 $134.45 $1,933 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1745–1960 1888 3 166.00–167.00 $166.50 $3,144 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1130–1330 1230 2 132.50–133.50 $132.96 $1,635 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
930 930 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,450.00 $1,450.00
880–1120 1000 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 1,275.00–1,440.00 $1,367.40
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1210 1210 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,700.00 $1,700.00
1360 1360 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 1,825.00 $1,825.00

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Bred Heifers

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
825 825 (<2 yrs)1st Stage (1-3 mo) 1 1,650.00 $1,650.00

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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.