Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, October 24, 2022

371 head sold ·Official USDA report

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

light 7-weight M&L 1 steers $148.88/cwt ≈ $1,082/hd at 727 lb · 14 head

Receipts

HeadThis saleLast saleLast year
Total receipts 371 452 588
Feeder cattle 322 280 185
Slaughter cattle 30 77 65
Replacement cattle 19 95 338

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 2-4 higher on the steers, heifers were steady and slaughter cattle were steady as well.

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
310–340 328 4 174.00–180.00 $176.98 $580 -9.04
370–390 378 3 175.00–180.00 $176.63 $668 -3.37
410–445 429 6 169.00–177.00 $172.09 $738 +7.19
450–470 460 2 170.00–173.00 $171.53 $789 +9.53
505 505 1 169.00 $169.00 $853 +9.00
589 589 5 168.00 $168.00 $990 +8.23
630 630 1 150.00 $150.00 $945 -10.38
705–740 727 14 139.00–150.00 $148.88 $1,082 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–335 322 5 168.00–172.00 $170.20 $548 +0.90
355–390 377 3 165.00–173.00 $169.93 $641 +3.91
435 435 1 160.00 $160.00 $696 +3.47
455 455 1 158.00 $158.00 $719 +2.03
530–535 533 2 152.00 $152.00 $810 +4.55
572–578 576 5 148.00–153.00 $151.01 $870 +0.68
640 640 1 139.00 $139.00 $890 -10.50
652 652 4 142.00 $142.00 $926 —
775–790 783 2 133.00–137.00 $134.98 $1,057 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 153.00 $153.00 $467 -1.00
355–375 362 3 152.00–160.00 $155.65 $563 —
555–583 576 4 140.00–144.00 $140.96 $812 —
665–699 693 6 132.00–133.00 $132.16 $916 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
441 441 9 180.00 $180.00 $794 —

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–315 313 2 134.00–138.00 $135.98 $426 -2.30
355–360 358 2 139.00–140.00 $139.50 $499 +1.24
415 415 2 135.00–137.00 $136.00 $564 -1.77
465–493 486 4 132.00–133.00 $132.76 $645 -4.63
520–540 528 3 130.00–132.00 $131.34 $693 -0.64
552–585 559 5 130.00–131.00 $130.21 $728 —
600–645 629 5 120.00–124.00 $122.03 $768 —
650 650 1 122.00 $122.00 $793 —
705–725 715 2 120.00–122.00 $120.99 $865 +10.99
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–440 420 4 137.00–140.00 $138.03 $580 -5.70
475 475 1 138.00 $138.00 $656 —
505–535 513 8 134.00–142.00 $136.27 $699 -0.99
610–630 625 7 126.00–134.00 $130.89 $818 +7.39
650–655 651 5 128.00–129.00 $128.80 $838 +8.80
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420 420 1 125.00 $125.00 $525 —
535 535 1 124.00 $124.00 $663 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470 470 1 161.00 $161.00 $757 +10.69
525–545 533 3 138.00–145.00 $141.05 $752 +1.05
605–645 621 5 128.00–130.00 $128.79 $800 +0.79
670–675 673 2 129.00–135.00 $131.99 $888 +8.99
705 705 1 124.00 $124.00 $874 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 145.00 $145.00 $645 —
455–475 465 2 140.00 $140.00 $651 -2.52
535–540 538 2 129.00–132.00 $130.49 $702 +0.49
560–590 578 3 126.00–131.00 $128.67 $744 +4.67
630 630 1 125.00 $125.00 $788 +10.00
660 660 1 115.00 $115.00 $759 -2.00
750 750 1 112.00 $112.00 $840 -5.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 1 130.00 $130.00 $624 -6.67

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
820–1140 985 85-90% 7 52.50–60.00 $56.47 $556 —
910–1055 999 85-90% 4 35.00–42.50 $40.05 $400 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
825–1300 1100 80-85% 10 62.00–65.00 $63.44 $698 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1065 1065 75-80% 1 58.00 $58.00 $618 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1175–1835 1568 3 88.50–92.50 $90.58 $1,420 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1095 1095 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 925.00 $925.00
1305 1305 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,000.00 $1,000.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
975 975 Young (2-4 yrs)1st Stage (1-3 mo) 1 780.00 $780.00

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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 Middle Aged (5-8 yrs)Open 2 1,125.00 $1,125.00 —

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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.