Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, October 3, 2022

672 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $154.69/cwt +0.64 vs last sale · ≈ $817/hd at 528 lb · 25 head
light 6-weight M&L 1 heifers $133.48/cwt -1.52 vs last sale · ≈ $834/hd at 625 lb · 13 head
light 4-weight M&L 1 heifers $140.64/cwt -7.36 vs last sale · ≈ $606/hd at 431 lb · 12 head

Receipts

HeadThis saleLast saleLast year
Total receipts 672 621 465
Feeder cattle 402 530 382
Slaughter cattle 42 53 29
Replacement cattle 228 38 54

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 2-6 lower and slaughter cows and bulls 2-5 lower.

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
320–335 327 3 165.00–177.00 $170.73 $558 -11.59
360 360 3 166.00 $166.00 $598 -14.00
400–420 410 2 160.00–165.00 $162.56 $666 -6.10
465–490 473 8 160.00–170.00 $164.12 $776 -11.88
500–545 528 25 150.00–160.00 $154.69 $817 +0.64
550–555 553 3 150.00–153.00 $151.34 $837 -3.09
605–645 629 5 138.00–145.00 $141.55 $890 -4.45
650–675 666 9 137.00–144.00 $139.34 $928 -13.66
700–740 725 3 130.00–138.00 $133.94 $971 -8.57
760–795 778 8 130.00–138.00 $132.12 $1,028 —
810–825 818 2 130.00–131.00 $130.50 $1,067 —
960–970 965 2 122.00–126.00 $124.01 $1,197 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365–395 378 4 161.00–166.00 $163.25 $617 -8.47
405–440 421 4 151.00–158.00 $154.95 $652 -6.88
500–520 507 3 140.00–149.00 $143.95 $730 -2.07
555–596 575 10 138.00–149.00 $143.42 $825 —
665–690 681 5 129.00–136.00 $133.40 $908 +0.40
1065 1065 1 112.00 $112.00 $1,193 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 151.00 $151.00 $483 —
360–375 368 3 149.00–155.00 $152.67 $562 -9.33
505 505 1 135.00 $135.00 $682 —
580 580 1 131.00 $131.00 $760 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
625 625 4 150.00 $150.00 $938 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315 315 3 149.00 $149.00 $469 +4.00
405–440 431 12 140.00–143.00 $140.64 $606 -7.36
505–533 527 10 137.00–140.00 $139.62 $736 -0.15
605–630 625 13 130.00–135.00 $133.48 $834 -1.52
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 140.00 $140.00 $476 —
360–375 367 3 138.00–142.00 $140.35 $515 +5.52
425–445 436 5 132.00–139.00 $136.64 $596 -0.40
450 450 1 136.00 $136.00 $612 -2.55
505–545 526 5 130.00–135.00 $133.00 $700 -3.00
550–590 580 4 125.00–134.00 $130.59 $757 +0.59
650–665 657 3 119.00–128.00 $122.32 $804 +2.32
705–740 726 5 114.00–124.00 $120.80 $877 —
750 750 1 120.00 $120.00 $900 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425 425 1 123.00 $123.00 $523 —
530 530 1 120.00 $120.00 $636 —
570 570 1 121.00 $121.00 $690 —
635 635 1 115.00 $115.00 $730 —
675 675 1 115.00 $115.00 $776 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430–445 438 2 153.00–161.00 $156.93 $687 -4.52
460–490 472 3 154.00–160.00 $157.68 $744 +0.43
515–517 516 3 140.00–149.00 $146.01 $753 -1.44
550 550 1 142.00 $142.00 $781 —
655 655 1 134.00 $134.00 $878 +0.02
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
485 485 1 155.00 $155.00 $752 +1.77
545 545 1 132.00 $132.00 $719 -8.50
575 575 1 132.00 $132.00 $759 -5.95
655–695 675 2 119.00–121.00 $119.97 $810 -9.03
715–740 728 2 116.00 $116.00 $844 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 1 135.00 $135.00 $587 —
525 525 1 114.00 $114.00 $598 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
845–1100 972 85-90% 3 47.50–54.50 $50.29 $489 —
1005–1395 1178 85-90% 7 60.00–64.00 $61.95 $730 -7.18
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
935–1395 1170 80-85% 6 68.00–71.50 $69.27 $810 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1210–1390 1300 75-80% 2 61.00–65.00 $62.86 $817 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1505–1595 1550 2 78.50–80.00 $79.27 $1,229 —
1565–1820 1680 3 82.50–85.00 $83.60 $1,404 —
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1465–1855 1693 4 87.50–90.50 $89.22 $1,510 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
915 915 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,275.00 $1,275.00
945 945 Young (2-4 yrs)1st Stage (1-3 mo) 2 1,200.00 $1,200.00
980–1085 1033 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 1,250.00–1,625.00 $1,447.03
1225 1225 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,150.00 $1,150.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1165 1165 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 975.00 $975.00
1265 1265 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,000.00 $1,000.00

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Bred Heifers

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1015–1110 1050 (<2 yrs)1st/2nd Stage (1-6 mo) 1,059 1,325.00–1,725.00 $1,327.67

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1025 1025 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 2 2,400.00 $2,400.00 —
1215 1215 Young (2-4 yrs)Open 2 1,750.00 $1,750.00 —
1140–1465 1303 Middle Aged (5-8 yrs)Open 4 1,300.00–1,500.00 $1,387.52 —
1365 1365 Middle Aged (5-8 yrs)Open 2 1,700.00 $1,700.00 —
1605 1605 Young (2-4 yrs)Open 2 1,650.00 $1,650.00 —
1610 1610 Young (2-4 yrs)1st Stage (1-3 mo) 2 1,900.00 $1,900.00 —
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1095 1095 Young (2-4 yrs)1st Stage (1-3 mo) 2 1,400.00 $1,400.00 —

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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.