Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, January 9, 2023

340 head sold ·Official USDA report

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

heavy 7-weight M&L 1-2 steers $170.00/cwt ≈ $1,275/hd at 750 lb · 23 head
light 7-weight M&L 1-2 heifers $159.00/cwt ≈ $1,169/hd at 735 lb · 17 head
light 6-weight M&L 1-2 steers $185.00/cwt ≈ $1,132/hd at 612 lb · 15 head

Receipts

HeadThis saleLast saleLast year
Total receipts 340 383 174
Feeder cattle 262 218 114
Slaughter cattle 40 46 25
Replacement cattle 38 119 35

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 5-10 higher. Slaughter cows were 5-9 higher and bulls steady.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
612 612 15 185.00 $185.00 $1,132 —
750 750 23 170.00 $170.00 $1,275 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–340 323 3 208.00–217.00 $212.83 $687 +11.83
355–390 371 5 208.00–219.00 $214.37 $795 —
410–415 413 2 208.00–209.00 $208.50 $861 +16.99
455–463 461 5 200.00–209.00 $207.22 $955 +14.23
515–540 525 7 182.00–190.00 $185.42 $973 +1.42
585 585 1 181.00 $181.00 $1,059 —
605 605 1 181.00 $181.00 $1,095 +21.71
685 685 1 175.00 $175.00 $1,199 —
725–740 730 3 158.00–160.00 $159.34 $1,163 -3.66
755 755 1 166.00 $166.00 $1,253 —
860–875 868 2 155.00–163.00 $158.97 $1,380 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 189.00 $189.00 $652 +6.00
355–385 375 3 190.00–193.00 $191.97 $720 +7.87
415–440 430 5 182.00–196.00 $189.92 $817 +8.92
455–470 463 4 183.00–196.00 $189.51 $877 +7.58
510–515 513 2 170.00–175.00 $172.49 $885 +6.45
650 650 9 168.00 $168.00 $1,092 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390 390 1 183.00 $183.00 $714 +10.00
480 480 1 170.00 $170.00 $816 +9.00
730 730 1 145.00 $145.00 $1,058 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
625 625 9 162.00 $162.00 $1,012 —
735 735 17 159.00 $159.00 $1,169 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 196.00 $196.00 $568 —
305–345 325 3 180.00–183.00 $181.71 $591 -6.29
405–435 420 2 179.00–188.00 $183.34 $770 +0.94
505–540 514 6 164.00–166.00 $164.99 $848 +14.74
550–590 556 7 160.00–167.00 $165.94 $923 +14.94
610 610 1 156.00 $156.00 $952 +16.23
655 655 1 155.00 $155.00 $1,015 —
735 735 1 145.00 $145.00 $1,066 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–345 333 2 172.00–174.00 $173.04 $576 +15.04
360–395 382 5 164.00–174.00 $169.96 $649 —
415–445 431 4 162.00–170.00 $164.76 $710 +4.75
450 450 1 164.00 $164.00 $738 +2.67
505–545 525 2 155.00–158.00 $156.44 $821 —
585 585 1 155.00 $155.00 $907 +12.34
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
575 575 1 138.00 $138.00 $794 +6.65

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510 510 1 155.00 $155.00 $790 +9.00
645 645 1 137.00 $137.00 $884 —
705 705 1 130.00 $130.00 $916 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 1 175.00 $175.00 $752 -1.00
530 530 1 164.00 $164.00 $869 +2.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 1 155.00 $155.00 $682 —
455 455 1 150.00 $150.00 $682 +1.00

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
980–1320 1185 80-85% 11 72.00–78.00 $74.94 $888 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
905 905 85-90% 1 42.00 $42.00 $380 —
900–1030 948 85-90% 3 47.50–51.00 $49.24 $467 —
1020–1250 1168 85-90% 5 60.00–66.50 $64.28 $751 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1280–1620 1403 75-80% 5 70.00–75.00 $72.14 $1,012 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1235–1575 1405 2 90.00–93.00 $91.68 $1,288 —
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1730 1730 1 100.00 $100.00 $1,730 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1165–1215 1190 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 1,370.00–1,405.00 $1,387.87
1210–1300 1255 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 1,080.00–1,285.00 $1,178.82
1435 1435 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,250.00 $1,250.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
900 900 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 840.00 $840.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1285 1285 Young (2-4 yrs)Open 2 1,250.00 $1,250.00 —
1155–1545 1350 Middle Aged (5-8 yrs)Open 4 1,200.00–1,250.00 $1,228.61 —
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1195–1340 1268 Middle Aged (5-8 yrs)Open 4 1,050.00 $1,050.00 —

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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.