Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, January 23, 2023

154 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 154 489 532
Feeder cattle 105 438 421
Slaughter cattle 19 28 42
Replacement cattle 30 23 69

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 2-5 higher and slaughter cows and bulls were steady. Just a small gathering of cattle today due to all the rain.

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
320–325 323 2 195.00–197.00 $195.99 $633 +1.28
355–385 370 2 190.00–194.00 $191.92 $710 -0.06
405–425 417 3 188.00–194.00 $191.98 $801 -0.26
450–480 465 4 188.00–194.00 $190.70 $887 -4.30
500–530 515 2 184.00–190.00 $186.91 $963 +1.91
660–695 678 2 160.00–164.00 $162.05 $1,099 -3.86
815 815 1 150.00 $150.00 $1,222 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
538 538 5 200.00 $200.00 $1,076 -0.66
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–340 323 2 180.00–185.00 $182.64 $590 -1.71
350–390 370 2 183.00–187.00 $184.89 $684 -3.28
465 465 1 183.00 $183.00 $851 +1.44
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 156.00 $156.00 $694 -17.54
480 480 1 169.00 $169.00 $811 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390 390 1 173.00 $173.00 $675 —
405–440 422 5 169.00–177.00 $172.16 $727 +11.14
450 450 2 169.00–170.00 $169.50 $763 +4.11
580 580 2 153.00–155.00 $154.00 $893 -0.09
725 725 1 140.00 $140.00 $1,015 +2.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–325 318 2 161.00 $161.00 $512 +3.00
350–380 365 2 130.00–155.00 $143.01 $522 -15.48
405 405 1 153.00 $153.00 $620 +5.34
450–475 463 2 158.00–159.00 $158.51 $734 +10.18
520–525 523 2 140.00–143.00 $141.51 $740 —
710 710 2 125.00–132.00 $128.50 $912 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
523 523 3 169.00 $169.00 $884 +4.00
613 613 4 158.00 $158.00 $969 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410 410 1 142.00 $142.00 $582 +2.00
450 450 1 140.00 $140.00 $630 -0.03
560 560 1 136.00 $136.00 $762 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 1 175.00 $175.00 $840 —
510 510 1 172.00 $172.00 $877 +22.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 1 166.00 $166.00 $797 -4.00
585 585 1 152.00 $152.00 $889 +15.58
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
590 590 1 143.00 $143.00 $844 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
710 710 85-90% 1 45.00 $45.00 $320 —
895 895 85-90% 1 54.00 $54.00 $483 —
830–1145 987 85-90% 9 60.00–69.00 $65.79 $649 +22.79
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1065–1285 1175 80-85% 5 70.00–77.50 $74.05 $870 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1945 1945 1 95.00 $95.00 $1,848 -11.73
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1600 1600 1 91.50 $91.50 $1,464 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1015–1170 1078 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 810.00–830.00 $820.11

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1015 1015 Middle Aged (5-8 yrs)Open 2 900.00 $900.00 —

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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.