Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, July 29, 2024

270 head sold ·Official USDA report

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

light 6-weight M&L 2 steers $263.32/cwt +4.62 vs last sale · ≈ $1,654/hd at 628 lb · 15 head
light 4-weight M&L 1-2 steers $341.60/cwt ≈ $1,448/hd at 424 lb · 13 head
heavy 5-weight M&L 3 steers $272.55/cwt +12.55 vs last sale · ≈ $1,540/hd at 565 lb · 12 head

Receipts

HeadThis saleLast saleLast year
Total receipts 270 232 308
Feeder cattle 230 161 252
Slaughter cattle 31 36 44
Replacement cattle 9 35 12

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 5-8 higher and slaughter cows and bulls steady to maybe 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
355–390 378 6 326.00–335.00 $330.26 $1,248 -2.64
415 415 1 310.00 $310.00 $1,286 +1.02
470–490 480 11 308.00–315.00 $313.53 $1,505 +13.53
520 520 2 284.00 $284.00 $1,477 -11.38
571–575 572 6 279.00–282.00 $279.50 $1,599 -10.50
605–630 628 15 263.00–268.00 $263.32 $1,654 +4.62
662 662 7 262.00 $262.00 $1,734 —
705–744 738 7 233.00–235.00 $234.73 $1,732 -13.78
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–335 320 2 343.00–358.00 $350.85 $1,123 +4.33
405–420 412 3 320.00–331.00 $327.01 $1,347 +3.26
460–465 463 3 323.00–326.00 $324.66 $1,503 +8.46
520–535 528 2 293.00–319.00 $305.82 $1,615 -2.82
615–620 618 2 275.00–285.00 $279.98 $1,730 +18.61
710–745 732 11 244.00–245.00 $244.35 $1,789 —
863–882 869 6 232.00–238.00 $235.97 $2,051 -3.03
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415–438 424 13 341.00–342.00 $341.60 $1,448 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370 370 1 310.00 $310.00 $1,147 —
562–580 565 12 265.00–274.00 $272.55 $1,540 +12.55

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315 315 2 286.00–288.00 $287.00 $904 —
365–370 368 2 280.00–289.00 $284.47 $1,047 —
450–495 468 4 265.00–276.00 $271.19 $1,269 +12.25
505 505 2 240.00–244.00 $242.00 $1,222 —
570 570 1 235.00 $235.00 $1,340 -7.66
625–635 630 2 224.00–235.00 $229.54 $1,446 +8.54
655 655 1 231.00 $231.00 $1,513 +3.12
715 715 1 228.00 $228.00 $1,630 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365–380 373 2 290.00–293.00 $291.53 $1,087 —
415–430 423 2 279.00–286.00 $282.56 $1,195 +4.56
450–485 465 4 281.00–288.00 $283.50 $1,318 +8.50
510 510 1 250.00 $250.00 $1,275 -3.91
605–615 610 2 250.00–251.00 $250.50 $1,528 +14.51
815 815 1 200.00 $200.00 $1,630 —
865 865 2 201.00–211.00 $206.00 $1,782 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
407 407 7 291.00 $291.00 $1,184 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–410 407 3 255.00–261.00 $258.98 $1,054 —
480 480 1 251.00 $251.00 $1,205 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
485 485 2 280.00–285.00 $282.50 $1,370 +0.92
530–545 535 3 250.00–257.00 $252.97 $1,353 —
575–590 583 2 253.00–254.00 $253.49 $1,478 -11.22
605–615 610 2 235.00–238.00 $236.51 $1,443 +16.51
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 455 1 290.00 $290.00 $1,320 —
515 515 1 265.00 $265.00 $1,365 -25.00
605–630 618 2 249.00–255.00 $251.94 $1,557 +18.62
655–675 665 2 245.00–246.00 $245.51 $1,633 +13.51
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
590 590 1 231.00 $231.00 $1,363 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
855 855 85-90% 1 100.00 $100.00 $855 +4.47
925–1055 1005 85-90% 3 110.00–116.00 $113.64 $1,142 —
930–1175 1021 85-90% 5 121.00–130.00 $126.72 $1,294 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1055 1055 80-85% 1 132.00 $132.00 $1,393 —
985–1405 1209 80-85% 5 134.50–143.00 $137.43 $1,662 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1420 1420 75-80% 1 125.00 $125.00 $1,775 -3.11

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1250–1285 1268 2 140.00–146.50 $143.29 $1,817 —
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1605 1605 1 165.00 $165.00 $2,648 +11.00

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
940 940 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 1 1,300.00 $1,300.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
975 975 Young (2-4 yrs)Open 2 2,375.00 $2,375.00 —
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
785 785 Young (2-4 yrs)Open 2 1,800.00 $1,800.00 —

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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.