Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, January 30, 2023

141 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 141 154 298
Feeder cattle 112 105 246
Slaughter cattle 18 19 34
Replacement cattle 11 30 18

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady. And slaughter cows were 5-8 higher, bulls 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
305–345 328 4 193.00–200.00 $195.64 $642 -0.35
390 390 1 192.00 $192.00 $749 +0.08
425–445 433 4 185.00–190.00 $187.23 $811 -4.75
450 450 3 186.00–188.00 $187.33 $843 -3.37
565 565 1 185.00 $185.00 $1,045 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–315 310 3 182.00–186.00 $183.65 $569 +1.01
350–395 381 4 185.00–191.00 $188.16 $717 +3.27
455 455 1 178.00 $178.00 $810 -5.00
520 520 1 168.00 $168.00 $874 —

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335–340 338 2 163.00–165.00 $163.99 $554 +2.99
350–385 368 4 158.00–165.00 $160.73 $591 +17.72
405–425 415 2 155.00–157.00 $155.98 $647 +2.98
465–495 478 5 153.00–165.00 $157.83 $754 -0.68
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 152.00 $152.00 $471 —
355–380 368 2 150.00–152.00 $151.03 $556 —
415 415 1 148.00 $148.00 $614 +6.00
485 485 1 141.00 $141.00 $684 +1.00
515 515 1 140.00 $140.00 $721 —
610 610 1 122.00 $122.00 $744 —
705 705 1 121.00 $121.00 $853 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 172.00 $172.00 $593 —
520–540 528 3 155.00–158.00 $157.01 $829 —
560 560 1 166.00 $166.00 $930 +12.00
605–640 623 2 147.00–153.00 $149.92 $934 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 170.00 $170.00 $756 —
555–575 565 2 165.00–175.00 $170.09 $961 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
515 515 1 150.00 $150.00 $772 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
955–1385 1204 80-85% 7 83.00–92.50 $86.96 $1,047 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
835–910 878 85-90% 3 70.50–75.00 $73.45 $645 +19.45
860–945 903 85-90% 2 56.50–64.00 $60.07 $542 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1615–1645 1630 75-80% 2 75.50–77.00 $76.24 $1,243 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1815–2040 1928 2 91.00–92.00 $91.53 $1,765 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1275 1275 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,140.00 $1,140.00
1445 1445 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,100.00 $1,100.00

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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.