Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, September 2, 2024

385 head sold ·Official USDA report

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

heavy 6-weight M&L 2 steers $225.48/cwt -9.52 vs last sale · ≈ $1,547/hd at 686 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 385 519 514
Feeder cattle 281 407 358
Slaughter cattle 54 82 90
Replacement cattle 50 30 66

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady to ten higher. Slaughter cattle 5-7 lower. Had some nice replacement cows today.

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
310–325 317 3 291.00–305.00 $298.65 $947 -20.65
440 440 1 300.00 $300.00 $1,320 ±0.00
470–486 482 7 293.00–295.00 $294.72 $1,421 —
505–540 530 6 259.00–264.00 $260.44 $1,380 -3.30
570 570 1 260.00 $260.00 $1,482 -6.25
605 605 1 225.00 $225.00 $1,361 -12.50
677–694 686 10 224.00–227.00 $225.48 $1,547 -9.52
715 715 1 217.00 $217.00 $1,552 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
240 240 1 398.00 $398.00 $955 —
320–325 323 2 313.00–325.00 $319.05 $1,031 -20.95
355–365 357 5 320.00–321.00 $320.80 $1,145 —
425–445 438 4 305.00–311.00 $308.73 $1,352 —
505–515 510 3 277.00–282.00 $280.01 $1,428 —
625 625 1 250.00 $250.00 $1,562 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350–355 353 2 285.00–289.00 $287.01 $1,013 -19.33
475–485 480 2 277.00–281.00 $279.02 $1,339 +2.80
533–540 535 4 252.00–256.00 $254.99 $1,364 +9.66
555–585 571 5 247.00–258.00 $252.78 $1,443 +6.53
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
711 711 5 223.00 $223.00 $1,586 —
795 795 6 220.00 $220.00 $1,749 +11.50

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 1 258.00 $258.00 $838 —
350 350 1 265.00 $265.00 $928 +0.63
405–430 418 2 250.00–253.00 $251.54 $1,051 +12.38
450–470 458 3 242.00–251.00 $247.37 $1,133 +13.69
535 535 1 220.00 $220.00 $1,177 —
555–585 568 8 221.00–225.00 $223.14 $1,267 —
615–641 636 9 215.00–218.00 $216.45 $1,377 -6.80
715 715 1 213.00 $213.00 $1,523 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270 270 1 283.00 $283.00 $764 —
320–330 325 2 270.00–281.00 $275.42 $895 —
355–365 360 2 273.00–274.00 $273.49 $985 -13.55
405–440 427 3 255.00–265.00 $258.71 $1,105 -6.29
580 580 1 229.00 $229.00 $1,328 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 2 233.00–238.00 $235.50 $1,036 +5.50
490–495 493 2 230.00–231.00 $230.50 $1,136 +2.80
755 755 1 185.00 $185.00 $1,397 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460–475 468 2 255.00–265.00 $260.08 $1,217 —
515 515 1 242.00 $242.00 $1,246 —
555–575 567 3 232.00–236.00 $233.67 $1,325 —
605 605 1 215.00 $215.00 $1,301 -15.04
675 675 1 212.00 $212.00 $1,431 -4.00
855 855 1 180.00 $180.00 $1,539 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460 460 2 246.00–253.00 $249.50 $1,148 +7.00
505 505 1 230.00 $230.00 $1,162 -10.00
550–565 558 2 223.00–226.00 $224.48 $1,253 -5.22
765 765 1 185.00 $185.00 $1,415 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
560–570 565 2 215.00–249.00 $231.85 $1,310 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1050–1075 1058 85-90% 3 109.00–111.00 $110.01 $1,164 —
910–1205 1068 85-90% 5 113.00–121.50 $117.18 $1,251 —
1005–1230 1118 85-90% 2 100.00–102.00 $101.10 $1,130 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1110–1330 1266 80-85% 4 126.50–131.00 $128.28 $1,624 -4.10
1235–1325 1284 80-85% 4 122.50–125.50 $124.14 $1,594 -8.24
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1370–1435 1407 75-80% 3 118.00–120.00 $118.85 $1,672 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1720–1975 1828 3 156.00–163.00 $159.36 $2,913 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1270–1490 1380 2 148.00–149.00 $148.46 $2,049 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1220 1220 Young (2-4 yrs)2nd Stage (4-6 mo) 1 2,025.00 $2,025.00
1240 1240 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 1,680.00 $1,680.00
1185–1460 1293 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 3 1,620.00–1,770.00 $1,714.73
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
815 815 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,400.00 $1,400.00
945 945 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,150.00 $1,150.00
1010 1010 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,570.00 $1,570.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1175 1175 Young (2-4 yrs)1st Stage (1-3 mo) 2 2,525.00 $2,525.00 —
1495 1495 Middle Aged (5-8 yrs)Open 2 2,825.00 $2,825.00 —
1450–1580 1515 Middle Aged (5-8 yrs)Open 4 2,375.00–2,650.00 $2,518.40 +134.07

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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.