Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, October 17, 2022

452 head sold ·Official USDA report

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

light 4-weight M&L 1 steers $164.90/cwt -0.53 vs last sale · ≈ $694/hd at 421 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 452 633 621
Feeder cattle 280 484 521
Slaughter cattle 77 85 67
Replacement cattle 95 64 33

Market comments — USDA reporter

Good day, as compared to the last market feeder steers were 2-3 higher and heifers were steady. Slaughter cows and bulls were 2-4 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
280 280 1 183.00 $183.00 $512 —
310–325 318 2 185.00–187.00 $186.02 $592 +13.41
370 370 1 180.00 $180.00 $666 +12.00
405–445 421 11 160.00–170.00 $164.90 $694 -0.53
455 455 2 162.00 $162.00 $737 -4.85
525 525 1 160.00 $160.00 $840 -4.34
555–595 578 4 155.00–165.00 $159.77 $923 -3.43
600–620 610 5 156.00–164.00 $160.38 $978 +5.98
765 765 1 135.00 $135.00 $1,033 —
800 800 1 139.00 $139.00 $1,112 +9.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 320 3 168.00–170.00 $169.30 $542 +2.76
365–385 374 6 162.00–170.00 $166.02 $621 +3.76
425–445 435 2 155.00–158.00 $156.53 $681 +1.40
460–485 473 2 155.00–157.00 $155.97 $738 +2.47
505–540 523 2 146.00–149.00 $147.45 $771 -0.55
550–560 557 3 149.00–151.00 $150.33 $837 +0.39
640 640 2 149.00–150.00 $149.50 $957 +13.12
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 1 154.00 $154.00 $500 -5.50
465 465 1 144.00 $144.00 $670 —
540 540 1 140.00 $140.00 $756 —
615 615 1 136.00 $136.00 $836 +9.00

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–340 317 3 137.00–140.00 $138.28 $438 -2.20
350–385 369 5 135.00–142.00 $138.26 $510 -1.85
400–440 421 5 133.00–140.00 $137.77 $580 -0.25
450–475 462 3 134.00–140.00 $137.39 $635 +3.20
520–545 533 2 131.00–133.00 $131.98 $703 +0.31
745 745 1 110.00 $110.00 $820 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370–380 375 2 150.00–157.00 $153.45 $575 +6.45
400–440 421 4 142.00–146.00 $143.73 $605 —
510–535 523 4 135.00–140.00 $137.26 $718 -5.17
605 605 2 120.00–127.00 $123.50 $747 -9.82
665–685 675 2 120.00 $120.00 $810 -12.00
700–705 703 2 119.00–120.00 $119.50 $840 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475–495 488 4 140.00–145.00 $142.52 $695 +2.89
510–525 518 2 130.00 $130.00 $673 -0.99
575 575 1 124.00 $124.00 $713 -7.66
615 615 1 115.00 $115.00 $707 —
695 695 1 117.00 $117.00 $813 -3.00
775 775 1 117.00 $117.00 $907 —
875 875 1 106.00 $106.00 $928 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 1 155.00 $155.00 $666 +1.02
460–475 465 3 148.00–152.00 $150.31 $699 +0.82
505 505 1 140.00 $140.00 $707 -1.56
560 560 1 138.00 $138.00 $773 -2.00
610–640 628 3 127.00–129.00 $128.00 $804 +0.99
670 670 1 123.00 $123.00 $824 -5.96
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
485–490 487 3 136.00–137.00 $136.67 $666 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
750–1050 889 85-90% 6 40.00–49.00 $45.56 $405 —
970–1490 1156 85-90% 10 51.00–60.50 $56.96 $658 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1160–1245 1209 80-85% 5 61.50–64.00 $62.72 $758 -4.61
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1275–1630 1533 75-80% 4 55.00–61.00 $57.20 $877 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1315 1315 1 79.00 $79.00 $1,039 —
1285–1585 1433 4 82.50–86.00 $84.92 $1,217 -4.29
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1370–1465 1432 3 87.00–88.00 $87.66 $1,255 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1080–1455 1215 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 5 1,100.00–1,325.00 $1,180.37
1215 1215 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,250.00 $1,250.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
905 905 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 830.00 $830.00
1015–1175 1095 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 2 900.00–975.00 $940.24
1190 1190 Young (2-4 yrs)1st Stage (1-3 mo) 1 850.00 $850.00
1260 1260 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 950.00 $950.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1310 1310 Middle Aged (5-8 yrs)Open 2 1,200.00 $1,200.00 -200.00
1425 1425 Middle Aged (5-8 yrs)Open 2 1,600.00 $1,600.00 —
1485 1485 Young (2-4 yrs)Open 1 1,850.00 $1,850.00 —
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1365 1365 Middle Aged (5-8 yrs)Open 2 1,150.00 $1,150.00 —

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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.