Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, November 7, 2022

539 head sold ·Official USDA report

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

heavy 4-weight M&L 1-2 steers $189.57/cwt +0.84 vs last sale · ≈ $912/hd at 481 lb · 17 head
heavy 4-weight M&L 1 heifers $159.55/cwt +11.98 vs last sale · ≈ $744/hd at 466 lb · 15 head

Receipts

HeadThis saleLast saleLast year
Total receipts 539 617 534
Feeder cattle 430 561 403
Slaughter cattle 53 41 70
Replacement cattle 56 15 61

Market comments — USDA reporter

Good day, as compared to the last market feeder steers were 3-5 higher and heifers were 5-10 higher. Slaughter cows and bulls were steady. The much needed rain we were able to get has surely helped the calf market.

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
330–345 338 5 189.00–196.00 $191.40 $647 +11.40
355–390 374 6 189.00–198.00 $192.60 $720 +9.83
405–435 413 6 180.00–192.00 $184.74 $763 +13.72
450–470 460 3 180.00–186.00 $182.65 $840 +10.53
505–530 520 6 163.00–173.00 $167.11 $869 +7.43
635–640 638 2 158.00–163.00 $160.49 $1,024 —
670–695 677 5 158.00–160.00 $159.19 $1,078 +4.22
815 815 1 138.00 $138.00 $1,125 +10.00
930 930 1 132.00 $132.00 $1,228 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–320 310 3 178.00–185.00 $182.05 $564 +10.92
382 382 2 182.00 $182.00 $695 +12.86
400–440 420 8 165.00–179.00 $173.58 $729 +12.00
455–495 478 9 164.00–174.00 $167.93 $803 +8.16
505–535 523 5 143.00–161.00 $154.39 $807 —
575–595 585 2 161.00–162.00 $161.51 $945 +14.51
605–625 615 2 141.00–144.00 $142.52 $876 —
700–710 703 3 135.00–144.00 $140.64 $989 —
800 800 1 127.00 $127.00 $1,016 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470–497 481 17 189.00–190.00 $189.57 $912 +0.84
545 545 8 183.00 $183.00 $997 -1.72
596 596 5 179.00 $179.00 $1,067 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330 330 1 160.00 $160.00 $528 +10.00
375 375 1 170.00 $170.00 $638 +11.00
595 595 1 140.00 $140.00 $833 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 328 2 155.00–165.00 $160.27 $526 +8.27
365–395 376 6 157.00–167.00 $163.69 $615 +9.21
405–445 419 8 155.00–165.00 $161.71 $678 +13.39
450–480 466 15 155.00–164.00 $159.55 $744 +11.98
505–525 512 7 149.00–156.00 $152.84 $783 +4.19
555 555 1 150.00 $150.00 $832 +6.60
615–640 625 3 125.00–135.00 $130.35 $815 -4.68
650 650 1 132.00 $132.00 $858 -6.00
700–742 724 4 119.00–125.00 $120.96 $876 —
863 863 3 117.00 $117.00 $1,010 -3.49
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–330 322 5 150.00–156.00 $151.34 $487 +6.34
360 360 1 155.00 $155.00 $558 +13.00
410–435 425 5 142.00–154.00 $147.80 $628 +8.87
455–485 472 7 148.00–154.00 $150.16 $709 +9.97
550–585 568 4 140.00–141.00 $140.51 $798 +3.51
605–630 618 2 120.00–124.00 $121.96 $754 -0.71
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
400 400 4 169.00 $169.00 $676 +13.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 140.00 $140.00 $469 —
410–445 428 2 138.00–140.00 $138.96 $595 —
575 575 1 138.00 $138.00 $794 +13.00

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430–435 433 2 151.00–154.00 $152.49 $660 +7.49
460–490 476 4 145.00–152.00 $148.80 $708 +7.20
500–545 523 2 130.00–140.00 $134.78 $705 +2.78
565–590 578 2 130.00–132.00 $131.02 $757 -2.48
605 605 1 125.00 $125.00 $756 —
705–740 723 2 117.00–120.00 $118.46 $856 +5.93
820 820 1 117.00 $117.00 $959 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–415 413 2 160.00–162.00 $161.01 $665 +3.22
465–490 477 3 157.00–162.00 $159.04 $759 +4.33
510–540 524 4 144.00–149.00 $145.53 $763 -6.63
585 585 1 142.00 $142.00 $831 -3.00
625–630 628 2 134.00–136.00 $135.00 $848 -2.24
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 1 140.00 $140.00 $609 —
490 490 1 141.00 $141.00 $691 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
775–895 859 85-90% 4 32.00–39.00 $35.38 $304 —
780–990 904 85-90% 4 40.50–47.00 $45.09 $408 —
825–1200 1029 85-90% 9 52.50–60.00 $56.62 $583 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
965–1180 1058 80-85% 9 61.00–68.00 $63.04 $667 —
1140 1140 80-85% 1 71.00 $71.00 $809 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1275–1595 1398 75-80% 3 55.00–62.50 $59.18 $827 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1355 1355 1 79.00 $79.00 $1,070 —
1675 1675 1 86.00 $86.00 $1,440 —
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1820 1820 1 96.50 $96.50 $1,756 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
900 900 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 740.00 $740.00
970 970 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 770.00 $770.00
1025–1085 1055 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 760.00–860.00 $811.42

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
930 930 Young (2-4 yrs)Open 2 1,000.00 $1,000.00 —

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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.