Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, March 20, 2023

422 head sold ·Official USDA report

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

light 6-weight M&L 1-2 steers $217.00/cwt +14.00 vs last sale · ≈ $1,313/hd at 605 lb · 85 head
heavy 7-weight M&L 1-2 steers $176.74/cwt ≈ $1,368/hd at 774 lb · 69 head
heavy 4-weight M&L 1-2 steers $228.82/cwt -5.18 vs last sale · ≈ $1,048/hd at 458 lb · 18 head
HeadThis saleLast saleLast year
Total receipts 422 190 285
Feeder cattle 356 145 215
Slaughter cattle 40 22 53
Replacement cattle 26 23 17

Good day, as compared to the last market feeder calves were steady in the regular run of calves, but weaned calves were strong. Slaughter cows and bulls were steady. Sold two loads of weaned steers mostly black hided load #1 was 85 head average weight 605 @ $ 2.1675, and load # 2 were 66 head average weight 774 @ $ 1.7675.

New to these tables? Plain-English explainers ↓

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
407 407 4 230.00 $230.00 $936 —
450–488 458 18 225.00–230.00 $228.82 $1,048 -5.18
567 567 2 220.00 $220.00 $1,247 —
605 605 85 217.00 $217.00 $1,313 +14.00
705 705 3 188.00 $188.00 $1,325 —
774–776 774 69 171.00–177.00 $176.74 $1,368 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
250–265 258 2 248.00–250.00 $249.03 $642 +14.03
305–335 320 3 240.00–248.00 $245.46 $785 +10.19
355–395 372 3 239.00–240.00 $239.67 $892 —
420–425 423 2 220.00–221.00 $220.50 $933 -4.50
450 450 1 228.00 $228.00 $1,026 +6.77
505–545 525 2 205.00–213.00 $209.15 $1,098 -5.85
555–593 580 12 200.00–210.00 $206.45 $1,197 —
615–625 620 2 200.00–205.00 $202.52 $1,256 +2.52
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
275–290 281 5 229.00–238.00 $233.45 $656 +23.45
310 310 1 234.00 $234.00 $725 +9.00
350–360 357 3 220.00–227.00 $222.68 $795 +6.07
425 425 2 208.00–210.00 $209.00 $888 —
475–495 485 3 207.00–211.00 $209.35 $1,015 +3.31
520 520 1 192.00 $192.00 $998 ±0.00
610 610 1 185.00 $185.00 $1,128 —
650–670 667 7 180.00–189.00 $187.43 $1,250 —
705 705 1 150.00 $150.00 $1,058 —
802 802 2 158.00 $158.00 $1,267 —
875 875 1 150.00 $150.00 $1,312 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
520 520 1 160.00 $160.00 $832 —
610–643 630 5 160.00–175.00 $169.19 $1,066 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 203.00 $203.00 $589 —
325 325 1 193.00 $193.00 $627 —
365 365 2 195.00 $195.00 $712 -14.00
425–435 430 2 185.00–195.00 $190.06 $817 -9.94
485 485 1 186.00 $186.00 $902 -6.00
530 530 1 183.00 $183.00 $970 ±0.00
555 555 1 185.00 $185.00 $1,027 —
705–725 715 2 150.00–155.00 $152.53 $1,091 +0.47
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 181.00 $181.00 $624 —
365–395 380 2 186.00–190.00 $188.08 $715 —
415–430 423 2 175.00–182.00 $178.56 $755 -3.44
490 490 1 171.00 $171.00 $838 -11.00
510 510 1 172.00 $172.00 $877 +9.00
560 560 1 163.00 $163.00 $913 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
368 368 6 213.00 $213.00 $784 -16.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420 420 1 168.00 $168.00 $706 -2.00
575 575 1 150.00 $150.00 $862 ±0.00
770 770 1 133.00 $133.00 $1,024 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–415 410 2 196.00–200.00 $197.98 $812 -18.02
490 490 1 208.00 $208.00 $1,019 +0.99
525 525 1 200.00 $200.00 $1,050 —
625–635 630 3 178.00–188.00 $181.31 $1,142 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415 415 1 188.00 $188.00 $780 -3.00
460 460 1 190.00 $190.00 $874 -10.00
590 590 1 183.00 $183.00 $1,080 +13.00
675 675 1 160.00 $160.00 $1,080 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
765 765 1 117.00 $117.00 $895 —

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
810–990 885 85-90% 3 46.00–50.00 $48.34 $428 -21.88
870–980 930 85-90% 4 65.00–74.00 $70.97 $660 -9.79
850–1080 998 85-90% 9 75.00–84.00 $80.14 $800 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1015–1290 1113 80-85% 5 84.50–87.50 $85.68 $954 -7.07
875–1395 1117 80-85% 6 88.00–95.00 $90.48 $1,011 -2.27

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YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1500–1740 1620 2 104.00–105.00 $104.46 $1,692 —
1635 1635 1 116.00 $116.00 $1,897 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1520–1570 1545 2 90.50–96.00 $93.21 $1,440 —

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Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
880 880 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 975.00 $975.00
885 885 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 910.00 $910.00
Medium and Large 3 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
750 750 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 890.00 $890.00
840 840 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 770.00 $770.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1240 1240 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,160.00 $1,160.00

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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.