Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, August 5, 2024

199 head sold ·Official USDA report

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

heavy 5-weight M&L 3 heifers $223.59/cwt ≈ $1,312/hd at 587 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 199 270 299
Feeder cattle 172 230 233
Slaughter cattle 17 31 50
Replacement cattle 10 9 16

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 10-15 lower and slaughter cattle were steady.

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
350–395 380 3 318.00–328.00 $322.80 $1,227 -7.46
415 415 2 313.00–315.00 $314.00 $1,303 +4.00
480 480 1 303.00 $303.00 $1,454 -10.53
520 520 2 268.00 $268.00 $1,394 -16.00
650–665 661 4 225.00–233.00 $231.03 $1,527 -30.97
725–745 728 8 222.00–228.00 $222.77 $1,622 -11.96
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 345.00 $345.00 $1,190 -5.85
365 365 1 338.00 $338.00 $1,234 —
405–435 420 3 318.00–340.00 $326.80 $1,373 -0.21
500–520 513 3 278.00–293.00 $285.23 $1,463 -20.59
605 605 1 248.00 $248.00 $1,500 -31.98
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390 390 1 308.00 $308.00 $1,201 -2.00
510–535 518 3 251.00–253.00 $252.31 $1,307 —
565–570 568 4 250.00–255.00 $252.49 $1,434 -20.06
755 755 1 215.00 $215.00 $1,623 —

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 283.00 $283.00 $863 -4.00
360 360 1 285.00 $285.00 $1,026 +0.53
500–510 505 4 230.00–238.00 $234.01 $1,182 -7.99
555 555 1 233.00 $233.00 $1,293 -2.00
610 610 1 220.00 $220.00 $1,342 -9.54
650 650 8 214.00–217.00 $216.63 $1,408 -14.37
705–730 709 7 210.00 $210.00 $1,489 -18.00
765 765 1 200.00 $200.00 $1,530 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355–370 365 3 270.00–277.00 $273.28 $997 —
435 435 1 243.00 $243.00 $1,057 -15.98
465 465 1 240.00 $240.00 $1,116 -11.00
540 540 1 226.00 $226.00 $1,220 —
575–595 587 10 223.00–225.00 $223.59 $1,312 —
602 602 3 202.00 $202.00 $1,216 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505–530 518 2 240.00–245.00 $242.56 $1,256 -7.44
715 715 1 225.00 $225.00 $1,609 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460–485 473 2 288.00–290.00 $289.03 $1,367 -0.97
510 510 1 248.00 $248.00 $1,265 -17.00
605 605 1 233.00 $233.00 $1,410 -18.94
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
550–560 555 2 238.00–239.00 $238.50 $1,324 -14.99

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1040 1040 85-90% 1 97.00 $97.00 $1,009 -29.72
930–1145 1053 85-90% 3 127.00–128.50 $127.84 $1,346 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1150–1315 1213 80-85% 3 130.00–132.00 $131.20 $1,591 -6.23
1350 1350 80-85% 1 135.00 $135.00 $1,822 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1345 1345 75-80% 1 123.00 $123.00 $1,654 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1060–1070 1065 2 148.00–150.00 $149.00 $1,587 —
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1635 1635 1 167.00 $167.00 $2,730 +2.00

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1100 1100 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,430.00 $1,430.00
1165 1165 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,630.00 $1,630.00
1250 1250 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,700.00 $1,700.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1040 1040 Middle Aged (5-8 yrs)Open 2 1,750.00 $1,750.00 —

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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.