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.