Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, August 19, 2024

421 head sold ·Official USDA report

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

heavy 7-weight M&L 1-2 heifers $214.00/cwt ≈ $1,609/hd at 752 lb · 20 head
heavy 6-weight M&L 1 steers $240.05/cwt +5.05 vs last sale · ≈ $1,652/hd at 688 lb · 20 head
heavy 3-weight M&L 1 steers $330.00/cwt +5.00 vs last sale · ≈ $1,254/hd at 380 lb · 18 head

Receipts

HeadThis saleLast saleLast year
Total receipts 421 620 454
Feeder cattle 321 225 319
Slaughter cattle 19 100 68
Replacement cattle 81 295 67

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady and slaughter cattle were steady as well.

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
315–320 318 2 335.00–338.00 $336.51 $1,070 +6.01
380 380 18 330.00 $330.00 $1,254 +5.00
425 425 1 330.00 $330.00 $1,402 +8.51
480 480 1 328.00 $328.00 $1,574 —
515–525 520 2 275.00–285.00 $280.05 $1,456 +2.05
570–575 575 14 280.00–281.00 $280.93 $1,615 +12.93
605–640 623 2 245.00–248.00 $246.46 $1,535 +6.43
688–690 688 20 240.00–241.00 $240.05 $1,652 +5.05
820 820 1 223.00 $223.00 $1,829 +7.00
873 873 11 216.00 $216.00 $1,886 —
915 915 1 200.00 $200.00 $1,830 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
306 306 9 353.00 $353.00 $1,080 —
597 597 4 252.00 $252.00 $1,504 —
745 745 11 226.00 $226.00 $1,684 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 330.00 $330.00 $957 -3.00
375–390 383 2 321.00–323.00 $321.98 $1,233 +7.46
420–430 425 2 312.00–313.00 $312.51 $1,328 +1.51
450–468 464 7 303.00–311.00 $309.15 $1,434 +14.15
540 540 1 273.00 $273.00 $1,474 +15.00
550–585 568 2 260.00–270.00 $265.15 $1,506 +8.75
605 605 1 235.00 $235.00 $1,422 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 309.00 $309.00 $1,035 —
470–495 478 4 280.00–290.00 $283.98 $1,357 +1.98
560–575 568 2 250.00–253.00 $251.52 $1,429 +4.01

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 280.00 $280.00 $854 +0.47
375–387 385 6 285.00–299.00 $296.73 $1,142 +18.26
405–410 408 2 261.00–276.00 $268.45 $1,095 —
515 515 1 240.00 $240.00 $1,236 —
613–645 622 8 220.00–227.00 $224.57 $1,397 +3.57
672 672 5 224.00 $224.00 $1,505 +4.00
817 817 2 209.00 $209.00 $1,708 —
955 955 1 196.00 $196.00 $1,872 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
752 752 20 214.00 $214.00 $1,609 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–440 423 2 252.00–260.00 $255.83 $1,082 +3.24
465 465 1 250.00 $250.00 $1,162 —
505 505 1 230.00 $230.00 $1,162 -3.77
550–555 553 2 222.00–226.00 $223.99 $1,239 -6.01
610–645 632 3 199.00–218.00 $207.48 $1,311 -6.94
680–685 683 2 210.00–215.00 $212.49 $1,451 +0.53
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360–380 370 2 258.00–273.00 $265.30 $982 —
435–440 438 2 246.00–249.00 $247.49 $1,084 +3.95
460 460 1 230.00 $230.00 $1,058 -7.89
555–580 568 2 215.00–218.00 $216.47 $1,230 -4.53

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 1 290.00 $290.00 $1,262 +10.00
450 450 1 284.00 $284.00 $1,278 —
525–535 530 2 240.00–246.00 $242.97 $1,288 —
610–635 623 2 201.00–204.00 $202.53 $1,262 —
685 685 1 205.00 $205.00 $1,404 —
715 715 1 193.00 $193.00 $1,380 —
765 765 1 196.00 $196.00 $1,499 —
840 840 1 177.00 $177.00 $1,487 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–425 423 2 299.00–311.00 $304.96 $1,290 +4.33
525 525 1 251.00 $251.00 $1,318 +6.00
635 635 1 222.00 $222.00 $1,410 -11.00
1005 1005 1 164.00 $164.00 $1,648 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465 465 1 280.00 $280.00 $1,302 —
580–585 583 2 221.00–230.00 $225.52 $1,315 —
650 650 1 190.00 $190.00 $1,235 —
725 725 1 180.00 $180.00 $1,305 -28.00

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
800 800 85-90% 1 104.00 $104.00 $832 +8.69
880–1025 942 85-90% 3 125.50–128.50 $127.06 $1,197 +12.09
900–1000 950 85-90% 2 111.00–115.00 $112.89 $1,072 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
990–1155 1079 80-85% 4 131.00–134.00 $132.12 $1,426 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1465 1465 75-80% 1 137.00 $137.00 $2,007 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1470 1470 1 163.00 $163.00 $2,396 -1.31
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1365 1365 1 145.00 $145.00 $1,979 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
660 660 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,325.00 $1,325.00
835–890 867 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 3 1,400.00–1,500.00 $1,441.68
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1210 1210 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,925.00 $1,925.00
1460 1460 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 2,080.00 $2,080.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1150 1150 Young (2-4 yrs)Open 2 2,200.00 $2,200.00 —
1240 1240 Middle Aged (5-8 yrs)Open 2 2,700.00 $2,700.00 —
1250 1250 Young (2-4 yrs)Open 2 2,850.00 $2,850.00 —
1275 1275 Middle Aged (5-8 yrs)Open 2 2,450.00 $2,450.00 —
1460 1460 Aged (>8 yrs)Open 2 2,550.00 $2,550.00 —
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
850–1085 968 Middle Aged (5-8 yrs)Open 4 1,500.00–1,950.00 $1,752.33 —

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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.