Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, August 12, 2024

620 head sold ·Official USDA report

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

heavy 5-weight M&L 2 steers $256.40/cwt ≈ $1,415/hd at 552 lb · 18 head
light 7-weight M&L 2 steers $226.74/cwt +3.97 vs last sale · ≈ $1,612/hd at 711 lb · 15 head
heavy 6-weight M&L 1 steers $235.00/cwt ≈ $1,633/hd at 695 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 620 199 463
Feeder cattle 225 172 378
Slaughter cattle 100 17 62
Replacement cattle 295 10 23

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady to 5 higher and slaughter cattle were 2-5 higher. Sold some nice stock cows and pairs.

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
255 255 1 333.00 $333.00 $849 —
305 305 1 320.00 $320.00 $976 —
355–360 358 2 311.00–318.00 $314.52 $1,126 -8.28
440 440 1 311.00 $311.00 $1,368 -3.00
450 450 1 295.00 $295.00 $1,328 -8.00
535 535 1 258.00 $258.00 $1,380 -10.00
550–557 552 18 255.00–260.00 $256.40 $1,415 —
662–680 666 8 226.00–235.00 $230.88 $1,538 -0.15
707–717 711 15 226.00–228.00 $226.74 $1,612 +3.97
780 780 7 219.00–221.00 $219.29 $1,710 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
240 240 1 345.00 $345.00 $828 —
265 265 1 336.00 $336.00 $890 —
305 305 2 328.00–333.00 $330.50 $1,008 —
355 355 1 325.00 $325.00 $1,154 -13.00
405–410 408 2 320.00–323.00 $321.49 $1,312 -5.31
505 505 1 278.00 $278.00 $1,404 -7.23
550 550 1 268.00 $268.00 $1,474 —
615–625 618 3 237.00–245.00 $240.03 $1,483 -7.97
695 695 11 235.00 $235.00 $1,633 —
840 840 2 216.00 $216.00 $1,814 —
1140 1140 2 170.00 $170.00 $1,938 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 1 282.00 $282.00 $1,227 —
455 455 1 282.00 $282.00 $1,283 —
505–545 525 2 246.00–252.00 $249.11 $1,308 -3.20
570–575 573 2 246.00–249.00 $247.51 $1,418 -4.98

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360–390 374 4 258.00–269.00 $262.88 $983 -22.12
405–445 422 3 250.00–257.00 $252.59 $1,066 —
510–545 524 9 227.00–238.00 $233.77 $1,225 -0.24
556 556 3 230.00 $230.00 $1,279 -3.00
605–635 622 3 209.00–219.00 $214.42 $1,334 -5.58
650–675 663 2 210.00–214.00 $211.96 $1,405 -4.67
735 735 1 208.00 $208.00 $1,529 -2.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–330 320 3 275.00–285.00 $279.53 $894 —
350–365 358 2 277.00–280.00 $278.47 $997 —
605 605 1 221.00 $221.00 $1,337 —
683 683 5 220.00 $220.00 $1,503 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–425 415 2 242.00–245.00 $243.54 $1,011 +0.54
455–485 472 3 231.00–242.00 $237.89 $1,123 -2.11
590 590 1 221.00 $221.00 $1,304 -2.59

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415–425 420 2 290.00–311.00 $300.63 $1,263 —
535 535 1 245.00 $245.00 $1,311 -3.00
555–560 558 2 241.00–242.00 $241.50 $1,348 —
605 605 1 233.00 $233.00 $1,410 ±0.00
660 660 1 228.00 $228.00 $1,505 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 1 280.00 $280.00 $1,204 —
570–580 575 3 234.00–238.00 $236.34 $1,359 -2.16
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
715 715 1 208.00 $208.00 $1,487 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1045–1290 1160 80-85% 3 132.00–135.00 $133.77 $1,552 —
1310–1680 1436 80-85% 7 136.25–142.50 $139.37 $2,001 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
745–865 805 85-90% 2 93.00–98.00 $95.31 $767 —
930–940 935 85-90% 2 110.00–120.00 $114.97 $1,075 —
975–1330 1185 85-90% 5 126.50–131.25 $129.01 $1,529 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1400–1505 1448 75-80% 4 128.50–134.50 $132.41 $1,917 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1150 1150 1 152.50 $152.50 $1,754 —
1210–1840 1462 5 160.00–168.00 $164.31 $2,402 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1250 1250 1 149.00 $149.00 $1,862 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1055–1230 1143 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 2,200.00–2,450.00 $2,334.57
1190 1190 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 1,750.00 $1,750.00
1270 1270 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,800.00 $1,800.00
1275–1375 1325 Young (2-4 yrs)2nd Stage (4-6 mo) 2 1,725.00–2,050.00 $1,893.63
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
940 940 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,500.00 $1,500.00
1105 1105 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,480.00 $1,480.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1200 1200 Young (2-4 yrs)Open 2 2,700.00 $2,700.00 —
1335 1335 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 3,340.00 $3,340.00 —
1260–1485 1373 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 4 3,025.00–3,450.00 $3,254.92 —
1430 1430 Middle Aged (5-8 yrs)Open 2 2,850.00 $2,850.00 —
1500 1500 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 2 3,500.00 $3,500.00 —
1510 1510 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 3,800.00 $3,800.00 —
1650 1650 Middle Aged (5-8 yrs)Open 2 3,000.00 $3,000.00 —
1560–1950 1755 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 4 3,700.00–4,000.00 $3,866.67 —
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1065 1065 Young (2-4 yrs)Open 2 2,600.00 $2,600.00 —
1220 1220 Middle Aged (5-8 yrs)Open 2 2,250.00 $2,250.00 —
1380–1420 1400 Middle Aged (5-8 yrs)Open 4 2,350.00–2,600.00 $2,476.79 —

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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.