Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, July 20, 2026

204 head sold ·Official USDA report

Receipts

HeadThis saleLast saleLast year
Total receipts 204 366 314
Feeder cattle 164 331 249
Slaughter cattle 23 20 34
Replacement cattle 17 15 31

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
220 220 1 570.00 $570.00 $1,254 —
250–285 268 2 545.00–565.00 $555.65 $1,489 —
310 310 1 550.00 $550.00 $1,705 -5.00
355 355 1 565.00 $565.00 $2,006 +15.00
420–430 425 2 465.00–473.00 $469.05 $1,993 -27.38
535 535 1 400.00 $400.00 $2,140 -17.46
570–590 582 3 385.00–395.00 $390.04 $2,270 -20.52
650–670 660 2 353.00–359.00 $355.95 $2,349 -18.05
735 735 1 321.00 $321.00 $2,359 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
275 275 2 585.00–590.00 $587.50 $1,616 +12.50
310–345 328 2 588.00–590.00 $589.05 $1,932 +21.32
410–430 420 2 480.00–500.00 $489.76 $2,057 -50.15
538 538 2 425.00 $425.00 $2,286 -20.00
635 635 1 375.00 $375.00 $2,381 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 1 495.00 $495.00 $1,609 —
355–360 358 2 510.00–520.00 $515.03 $1,844 +2.53
465–470 468 2 445.00–448.00 $446.51 $2,090 +2.67
550 550 1 375.00 $375.00 $2,062 -4.00
695 695 1 331.00 $331.00 $2,300 -29.00

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
265 265 1 470.00 $470.00 $1,246 —
360–395 378 2 418.00–435.00 $426.89 $1,614 -23.38
415–430 423 2 413.00–418.00 $415.54 $1,758 -20.83
540 540 1 358.00 $358.00 $1,933 -31.60
550 550 1 365.00 $365.00 $2,008 -19.37
605 605 1 340.00 $340.00 $2,057 —
670 670 1 345.00 $345.00 $2,312 —
735 735 1 310.00 $310.00 $2,278 —
775 775 1 318.00 $318.00 $2,464 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
285 285 1 520.00 $520.00 $1,482 +10.00
350–365 358 2 465.00–470.00 $467.55 $1,674 —
530 530 2 370.00–373.00 $371.50 $1,969 -29.59
550–575 563 2 375.00–378.00 $376.47 $2,120 —
610 610 1 360.00 $360.00 $2,196 -4.38
710–725 718 2 320.00–322.00 $320.99 $2,305 -27.01
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270 270 1 455.00 $455.00 $1,228 —
370 370 1 403.00 $403.00 $1,491 —
470–495 480 3 385.00–396.00 $390.43 $1,874 -32.57
595 595 1 359.00 $359.00 $2,136 -6.00
675 675 1 333.00 $333.00 $2,248 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–435 428 2 450.00–453.00 $451.47 $1,932 —
450 450 1 440.00 $440.00 $1,980 —
505–510 508 2 415.00–428.00 $421.47 $2,141 -12.48
630 630 1 368.00 $368.00 $2,318 -7.29
685 685 1 360.00 $360.00 $2,466 -20.00
885 885 1 310.00 $310.00 $2,744 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–475 465 2 425.00–430.00 $427.55 $1,988 —
525 525 1 375.00 $375.00 $1,969 -24.45
555 555 1 380.00 $380.00 $2,109 —
610 610 1 350.00 $350.00 $2,135 -19.00
650–675 665 3 343.00–355.00 $348.25 $2,316 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
570–590 580 3 350.00–363.00 $357.59 $2,074 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
760–1150 928 85-90% 3 140.00–150.00 $143.69 $1,333 —
1090 1090 85-90% 1 163.00 $163.00 $1,777 +22.00
1025–1360 1188 85-90% 5 166.00–173.00 $169.55 $2,014 -2.43
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1200–1670 1413 80-85% 5 178.00–186.00 $182.84 $2,584 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
975 975 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 2,475.00 $2,475.00
1100–1135 1112 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 3 2,400.00–3,100.00 $2,861.77

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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.