Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, January 16, 2023

489 head sold ·Official USDA report

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

heavy 4-weight M&L 1 heifers $165.39/cwt ≈ $776/hd at 469 lb · 31 head
light 5-weight M&L 1-2 steers $200.66/cwt ≈ $1,039/hd at 518 lb · 25 head
heavy 6-weight M&L 1 steers $165.91/cwt -9.09 vs last sale · ≈ $1,153/hd at 695 lb · 19 head

Receipts

HeadThis saleLast saleLast year
Total receipts 489 340 197
Feeder cattle 438 262 162
Slaughter cattle 28 40 24
Replacement cattle 23 38 11

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 3-5 lower while weaned calves were steady. Slaughter cows and bulls were 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
360 360 2 220.00 $220.00 $792 —
444 444 10 215.00 $215.00 $955 —
485 485 4 204.00 $204.00 $989 —
512–544 518 25 193.00–203.00 $200.66 $1,039 —
578 578 7 191.00 $191.00 $1,104 —
625 625 8 186.00 $186.00 $1,162 +1.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
235 235 1 200.00 $200.00 $470 —
310–345 323 4 192.00–201.00 $194.71 $629 -18.12
350–390 368 4 191.00–194.00 $191.98 $706 -22.39
416–420 417 4 190.00–193.00 $192.24 $802 -16.26
465 465 1 195.00 $195.00 $907 -12.22
505 505 1 185.00 $185.00 $934 -0.42
665–698 695 19 165.00–174.00 $165.91 $1,153 -9.09
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 193.00 $193.00 $560 —
330–340 335 3 180.00–190.00 $184.35 $618 -4.65
355–380 365 5 184.00–190.00 $188.17 $687 -3.80
415–440 428 3 178.00–187.00 $183.07 $784 -6.85
460–495 480 4 179.00–187.00 $181.56 $871 -7.95
591–595 592 4 162.00–170.00 $164.01 $971 —
605 605 2 164.00–170.00 $167.00 $1,010 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365–395 380 2 174.00–176.00 $174.96 $665 -8.04
405–430 418 2 172.00–175.00 $173.54 $725 —
522 522 2 160.00 $160.00 $835 —
575 575 2 160.00 $160.00 $920 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–420 413 3 160.00–163.00 $161.02 $665 -22.32
455–490 469 31 155.00–166.00 $165.39 $776 —
505 505 1 149.00 $149.00 $752 -15.99
555–580 561 12 153.00–155.00 $154.09 $864 -11.85
605–635 620 2 142.00–145.00 $143.46 $889 -12.54
710 710 1 138.00 $138.00 $980 -7.00
915 915 2 125.00 $125.00 $1,144 —
1065 1065 1 106.00 $106.00 $1,129 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
517 517 10 165.00 $165.00 $853 —
553–581 564 18 163.00–164.00 $163.60 $923 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 158.00 $158.00 $529 -15.04
375–380 378 2 157.00–160.00 $158.49 $599 -11.47
405–425 418 3 145.00–150.00 $147.66 $617 -17.10
460–490 470 3 146.00–151.00 $148.33 $697 -15.67
580–594 592 6 142.00–145.00 $144.51 $855 -10.49
625 625 1 136.00 $136.00 $850 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 148.00 $148.00 $503 —
420 420 1 140.00 $140.00 $588 —
470–485 478 2 138.00–142.00 $140.03 $669 —
675 675 1 110.00 $110.00 $742 —
705 705 1 110.00 $110.00 $776 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470 470 1 170.00 $170.00 $799 —
535–545 540 2 133.00–135.00 $133.99 $724 -21.01
550–585 568 2 134.00–139.00 $136.42 $775 —
650–695 673 2 120.00–128.00 $123.87 $834 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420 420 1 178.00 $178.00 $748 +3.00
535 535 1 150.00 $150.00 $802 -14.00
580 580 1 151.00 $151.00 $876 —
615–625 620 2 130.00–134.00 $132.02 $819 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 1 152.00 $152.00 $669 -3.00
465 465 1 158.00 $158.00 $735 +8.00

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
975 975 85-90% 1 43.00 $43.00 $419 —
940–1145 1018 85-90% 5 50.00–56.00 $52.67 $536 —
965–1320 1179 85-90% 4 60.50–66.00 $63.68 $751 -0.60
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1230–1570 1434 75-80% 7 65.00–72.00 $67.90 $974 -4.24
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
835–1540 1205 80-85% 5 67.00–77.50 $71.10 $857 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1910–1965 1938 2 105.00–108.50 $106.73 $2,068 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1195–1225 1210 2 87.00–89.00 $87.99 $1,065 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
790 790 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 700.00 $700.00
925 925 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 900.00 $900.00
1085 1085 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 740.00 $740.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
880–1000 940 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 920.00–1,000.00 $962.55

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1245 1245 Young (2-4 yrs)Open 2 1,250.00 $1,250.00 —

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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.