Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock · usually sells Mondays

Sale of Monday, October 19, 2026

384 head sold ·Official USDA report · Price history in the app

heavy 6-weight M&L 1 steers $334.53/cwt ≈ $2,251/hd at 673 lb · 11 head
light 5-weight M&L 3 steers $353.13/cwt ≈ $1,907/hd at 540 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 384 307 331
Feeder cattle 337 258 240
Slaughter cattle 22 29 21
Replacement cattle 25 20 70

Market comments — USDA reporter

As compared to the last market: Feeder calves sold steady, as did slaughter cattle.

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
235 235 1 555.00 $555.00 $1,304 -35.00
305 305 2 520.00–540.00 $530.00 $1,616 +18.45
435–445 440 2 430.00–445.00 $437.59 $1,925 +1.12
505–530 522 3 390.00–400.00 $395.94 $2,067 -14.06
605–630 625 5 330.00–333.00 $330.58 $2,066 -34.42
659–690 673 11 334.00–335.00 $334.53 $2,251 —
715–748 738 5 321.00–325.00 $323.83 $2,390 —
760–780 775 4 317.00–319.00 $318.51 $2,468 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350–380 368 3 460.00–485.00 $473.64 $1,743 —
420 420 1 377.00 $377.00 $1,583 —
455–470 463 2 378.00–388.00 $382.92 $1,773 —
520–542 540 10 345.00–354.00 $353.13 $1,907 —
585 585 4 354.00 $354.00 $2,071 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–340 321 4 495.00–518.00 $505.73 $1,623 +10.73
350 350 1 505.00 $505.00 $1,768 +17.41
410 410 1 418.00 $418.00 $1,714 —
470 470 1 410.00 $410.00 $1,927 -12.51
510–544 537 5 360.00 $360.00 $1,933 -25.00
605 605 1 322.00 $322.00 $1,948 -22.00
655 655 1 328.00 $328.00 $2,148 -10.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510 510 2 405.00 $405.00 $2,066 —
632 632 3 344.00 $344.00 $2,174 —

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270–290 280 3 440.00–460.00 $450.24 $1,261 -19.76
320–345 332 3 405.00–410.00 $407.70 $1,354 —
385–395 390 2 393.00–396.00 $394.48 $1,538 -33.52
415–425 421 4 370.00–388.00 $379.48 $1,598 -3.61
532–545 536 3 330.00–344.00 $339.26 $1,818 -13.81
561 561 4 343.00 $343.00 $1,924 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
230 230 2 500.00–502.00 $501.00 $1,152 -39.00
260 260 1 495.00 $495.00 $1,287 —
350–370 360 3 418.00–425.00 $421.02 $1,516 -25.41
405–415 410 2 403.00–413.00 $407.94 $1,673 +0.45
450 450 1 400.00 $400.00 $1,800 —
525 525 1 355.00 $355.00 $1,864 -8.19
625 625 1 330.00 $330.00 $2,062 -20.00
685–695 690 2 317.00–320.00 $318.51 $2,198 —
725 725 1 298.00 $298.00 $2,160 —
770 770 1 290.00 $290.00 $2,233 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–435 420 2 353.00–358.00 $355.41 $1,493 —
450–480 465 2 363.00–365.00 $363.97 $1,692 +4.98
540 540 1 317.00 $317.00 $1,712 -28.00
555–585 570 3 310.00–315.00 $312.64 $1,782 -30.74
625 625 1 300.00 $300.00 $1,875 -20.00
670–690 680 2 301.00–303.00 $301.99 $2,054 -10.02
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505 505 3 351.00 $351.00 $1,773 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 1 415.00 $415.00 $1,805 -20.00
465 465 1 400.00 $400.00 $1,860 -23.20
510 510 1 375.00 $375.00 $1,912 -15.51
570 570 1 360.00 $360.00 $2,052 -20.00
610–640 628 4 311.00–317.00 $314.73 $1,977 -9.30
665 665 1 322.00 $322.00 $2,141 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–420 415 2 445.00–455.00 $449.94 $1,867 +5.00
505 505 1 393.00 $393.00 $1,985 -17.00
620 620 1 330.00 $330.00 $2,046 -7.48
720–725 723 2 298.00–303.00 $300.51 $2,173 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460–475 468 2 388.00–390.00 $389.02 $1,821 -10.98
575–585 580 2 335.00–340.00 $337.52 $1,958 -25.48

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1055 1055 85-90% 1 118.00 $118.00 $1,245 -11.55
1105 1105 85-90% 1 111.00 $111.00 $1,227 —
1135–1255 1195 85-90% 2 128.00–129.50 $128.79 $1,539 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1150–1325 1253 80-85% 3 130.00–134.00 $132.43 $1,659 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1410–1585 1498 75-80% 2 128.00–132.50 $130.38 $1,953 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2295 2295 1 174.50 $174.50 $4,005 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
930 930 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 2,650.00 $2,650.00
815–1240 1057 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 3 2,000.00–2,450.00 $2,246.37
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1285 1285 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 3,200.00 $3,200.00

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Price trend

high 372.00 low 317.00 Jan 2026 Sep 2026

800–849 lb Medium and Large 1-2 steers — head-weighted average $/cwt by sale date, last 12 months.

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.

← Previous sale (Oct 12, 2026)

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