Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, November 28, 2022

537 head sold ·Official USDA report

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

light 4-weight M&L 1 steers $193.10/cwt +6.96 vs last sale · ≈ $819/hd at 424 lb · 13 head
heavy 3-weight M&L 1 heifers $172.54/cwt +17.41 vs last sale · ≈ $663/hd at 384 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 537 539 353
Feeder cattle 411 337 243
Slaughter cattle 68 158 71
Replacement cattle 58 44 39

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 3-5 higher and slaughter cows and bulls were steady.

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
250–255 254 4 205.00–218.00 $212.79 $540 +8.82
325–345 332 3 195.00–198.00 $196.37 $652 -1.98
350–363 360 4 196.00–200.00 $199.03 $717 +2.61
405–438 424 13 187.00–197.00 $193.10 $819 +6.96
500–510 506 5 178.00–189.00 $186.80 $945 +13.36
605–620 610 3 158.00–167.00 $163.95 $1,000 +2.95
815 815 2 143.00 $143.00 $1,165 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
245 245 1 200.00 $200.00 $490 +10.00
310–340 325 2 190.00–192.00 $190.95 $621 +7.95
350–395 377 8 182.00–192.00 $188.18 $709 +0.55
430–440 435 3 180.00–189.00 $183.30 $797 +7.79
455–485 468 6 177.00–185.00 $181.88 $851 —
515 515 1 171.00 $171.00 $881 +5.00
563 563 3 175.00 $175.00 $985 +16.00
625 625 1 150.00 $150.00 $938 —
675–690 683 2 146.00–153.00 $149.46 $1,021 —
722 722 2 146.00 $146.00 $1,054 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330 330 1 173.00 $173.00 $571 +13.00
370–390 380 2 175.00–176.00 $175.51 $667 —
480–490 485 2 169.00–173.00 $171.02 $829 +15.02
525–530 528 2 155.00–160.00 $157.49 $832 —
550 550 1 158.00 $158.00 $869 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
421 421 6 200.00 $200.00 $842 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330–340 335 2 165.00–170.00 $167.54 $561 +15.80
355–390 384 11 167.00–175.00 $172.54 $663 +17.41
405–445 419 6 159.00–166.00 $161.93 $678 +8.54
505–527 514 5 150.00 $150.00 $771 -2.93
605–640 624 4 132.00–139.00 $136.21 $850 +1.04
685 685 1 134.00 $134.00 $918 -2.00
865 865 2 120.00 $120.00 $1,038 —
1095 1095 1 114.00 $114.00 $1,248 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
353 353 4 180.00 $180.00 $635 —
425 425 2 173.00 $173.00 $735 —
505 505 5 163.00 $163.00 $823 —
557 557 7 159.00 $159.00 $886 —
673 673 3 149.00 $149.00 $1,003 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360–390 375 2 154.00–158.00 $156.08 $585 —
430 430 1 154.00 $154.00 $662 +12.44
455–490 468 5 140.00–156.00 $150.51 $704 +6.18
530 530 1 138.00 $138.00 $731 -2.46
591 591 3 140.00 $140.00 $827 +2.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–325 317 3 143.00–148.00 $145.37 $461 —
380–385 383 2 148.00–150.00 $148.99 $571 —
420 420 1 135.00 $135.00 $567 —
555–575 565 2 130.00–133.00 $131.53 $743 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 151.00 $151.00 $672 —
490 490 1 142.00 $142.00 $696 -4.00
585–595 588 3 140.00–146.00 $141.99 $835 +2.00
650–690 665 3 125.00–129.00 $127.04 $845 —
855 855 1 115.00 $115.00 $983 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 1 160.00 $160.00 $696 —
455–480 468 2 160.00–161.00 $160.49 $751 -0.71
500–540 522 5 150.00–160.00 $155.55 $812 +3.87
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
500 500 1 132.00 $132.00 $660 —
555–575 565 2 134.00–136.00 $134.98 $763 +4.98

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
790–1140 974 85-90% 8 37.50–45.00 $42.65 $415 —
895–1070 1018 85-90% 5 52.00–58.50 $55.11 $561 —
900–1410 1083 85-90% 7 61.00–65.00 $63.43 $687 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1010–1365 1216 80-85% 5 70.50–79.25 $73.80 $897 +3.91
1045–1420 1268 80-85% 6 67.50–70.00 $68.86 $873 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1395 1395 75-80% 1 55.00 $55.00 $767 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1525 1525 1 80.00 $80.00 $1,220 -9.37
1570–1950 1750 5 88.50–94.00 $91.81 $1,607 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1025–1045 1035 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 810.00 $810.00

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Bred Heifers

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
710 710 (<2 yrs)2nd Stage (4-6 mo) 2 1,100.00 $1,100.00
780–825 806 (<2 yrs)2nd/3rd Stage (4-9 mo) 8 1,225.00–1,300.00 $1,262.88
810 810 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 1,280.00 $1,280.00

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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.