Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, July 22, 2024

232 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 232 234 288
Feeder cattle 161 178 212
Slaughter cattle 36 38 58
Replacement cattle 35 18 18

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were a little higher today and slaughter cattle were 3-5 lower.

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
330–340 335 2 345.00–348.00 $346.52 $1,161 +6.00
405–440 423 2 318.00–330.00 $323.75 $1,369 -0.59
450–473 467 4 315.00–320.00 $316.20 $1,477 +0.20
500–515 508 3 303.00–313.00 $308.64 $1,568 +23.64
565 565 1 303.00 $303.00 $1,712 —
605–623 616 8 261.00–262.00 $261.37 $1,610 +11.37
660–675 668 3 260.00–266.00 $262.99 $1,757 —
850 850 1 239.00 $239.00 $2,032 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365–380 373 2 328.00–338.00 $332.90 $1,242 +2.90
420–435 428 2 308.00–310.00 $308.98 $1,322 +13.98
455 455 1 300.00 $300.00 $1,365 +3.08
528–545 531 5 293.00–296.00 $295.38 $1,568 +24.38
570 570 1 290.00 $290.00 $1,653 +16.70
607–645 618 7 258.00–259.00 $258.70 $1,599 +18.70
705–710 708 2 247.00–250.00 $248.51 $1,759 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
560 560 1 260.00 $260.00 $1,456 -7.51
715 715 9 234.00 $234.00 $1,673 —
750 750 2 235.00 $235.00 $1,762 —

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–446 439 5 260.00–264.00 $263.25 $1,156 -4.71
457–485 465 7 255.00–261.00 $258.94 $1,204 —
550–585 565 3 240.00–245.00 $242.66 $1,371 +4.41
645 645 1 221.00 $221.00 $1,425 —
655–665 664 8 227.00–228.00 $227.88 $1,513 +3.46
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 1 278.00 $278.00 $1,126 —
450 450 1 275.00 $275.00 $1,238 —
505–520 513 2 248.00–260.00 $253.91 $1,303 +5.24
605–610 607 3 233.00–238.00 $235.99 $1,432 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
575 575 1 234.00 $234.00 $1,346 —
615 615 1 208.00 $208.00 $1,279 —
735 735 1 208.00 $208.00 $1,529 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–475 465 2 278.00–285.00 $281.58 $1,309 +3.33
550–560 556 7 263.00–270.00 $264.71 $1,472 —
615 615 1 220.00 $220.00 $1,353 -10.00
735 735 1 213.00 $213.00 $1,566 -6.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 9 270.00–275.00 $270.56 $1,299 —
525 525 1 250.00 $250.00 $1,312 —
790 790 1 190.00 $190.00 $1,501 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
515 515 1 290.00 $290.00 $1,494 +33.52
605–636 631 6 233.00–235.00 $233.32 $1,472 -7.20
650 650 3 232.00 $232.00 $1,508 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
760 760 85-90% 1 114.00 $114.00 $866 —
635–975 855 85-90% 3 90.00–100.00 $95.53 $817 —
1045–1165 1096 85-90% 4 121.00–126.00 $123.53 $1,354 -10.01
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
960 960 80-85% 1 128.50 $128.50 $1,234 —
1250–1565 1347 80-85% 5 130.00–136.50 $133.04 $1,792 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1335–1465 1418 75-80% 3 127.00–130.00 $128.11 $1,817 -6.34

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1620 1620 1 154.00 $154.00 $2,495 —
1690–2145 1818 4 158.00–164.00 $161.07 $2,928 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1200 1200 1 146.00 $146.00 $1,752 +13.04

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1055 1055 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,800.00 $1,800.00
1100 1100 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,540.00 $1,540.00
1210 1210 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 2,050.00 $2,050.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1365–1385 1375 Middle Aged (5-8 yrs)Open 4 2,300.00–2,325.00 $2,312.41 —
1835 1835 Middle Aged (5-8 yrs)Open 2 2,825.00 $2,825.00 —
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1180–1320 1250 Middle Aged (5-8 yrs)Open 4 1,750.00–1,800.00 $1,776.40 —

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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.