Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, March 27, 2023

342 head sold ·Official USDA report

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

heavy 4-weight M&L 1 steers $227.49/cwt -0.51 vs last sale · ≈ $1,069/hd at 470 lb · 54 head
heavy 4-weight M&L 1 heifers $205.00/cwt +19.00 vs last sale · ≈ $968/hd at 472 lb · 36 head
heavy 5-weight M&L 1 steers $211.86/cwt +5.41 vs last sale · ≈ $1,220/hd at 576 lb · 29 head

Receipts

HeadThis saleLast saleLast year
Total receipts 342 422 266
Feeder cattle 278 356 149
Slaughter cattle 32 40 91
Replacement cattle 32 26 26

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady and slaughter cows and bulls were steady as well.

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
285 285 1 250.00 $250.00 $712 +0.97
325–335 329 7 241.00–253.00 $244.49 $804 -0.97
355–360 359 7 240.00–250.00 $248.59 $892 +8.92
405–430 412 6 218.00–240.00 $228.81 $943 +8.31
469–480 470 54 220.00–230.00 $227.49 $1,069 -0.51
510 510 1 200.00 $200.00 $1,020 -9.15
550–578 576 29 208.00–212.00 $211.86 $1,220 +5.41
655–656 656 7 186.00–210.00 $199.43 $1,308 —
755 755 1 176.00 $176.00 $1,329 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 225.00 $225.00 $765 -9.00
350–395 373 2 230.00–238.00 $233.76 $872 +11.08
480 480 1 200.00 $200.00 $960 -9.35
555–578 572 4 192.00–196.00 $195.03 $1,116 —
635 635 1 175.00 $175.00 $1,111 -10.00
840 840 1 149.00 $149.00 $1,252 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 200.00 $200.00 $610 —
380 380 1 213.00 $213.00 $809 —
515 515 1 175.00 $175.00 $901 +15.00
580 580 1 164.00 $164.00 $951 —
630 630 1 170.00 $170.00 $1,071 +0.81
675 675 1 170.00 $170.00 $1,148 —
705 705 1 161.00 $161.00 $1,135 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
567 567 3 224.00 $224.00 $1,270 +4.00

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 220.00 $220.00 $748 +27.00
365–371 371 12 216.00–225.00 $224.26 $832 +29.26
402–425 407 9 206.00–220.00 $208.71 $849 +18.65
470–472 472 36 205.00 $205.00 $968 +19.00
505–540 523 2 188.00–190.00 $188.97 $988 +5.97
605 605 1 183.00 $183.00 $1,107 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 328 2 199.00–204.00 $201.63 $661 +20.63
390–395 393 2 200.00–203.00 $201.51 $792 +13.43
405–445 423 5 190.00–200.00 $195.21 $826 +16.65
450–468 465 7 190.00 $190.00 $884 +19.00
535 535 1 161.00 $161.00 $861 -11.00
555 555 1 160.00 $160.00 $888 -3.00
640 640 4 168.00 $168.00 $1,075 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380 380 1 185.00 $185.00 $703 —
405–425 418 3 182.00–185.00 $183.31 $766 +15.31
450 450 2 173.00 $173.00 $778 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–440 416 4 205.00–215.00 $210.14 $874 +12.16
470 470 1 212.00 $212.00 $996 +4.00
505 505 2 200.00–211.00 $205.50 $1,038 +5.50
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490 490 1 175.00 $175.00 $858 —
525 525 1 170.00 $170.00 $892 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
830 830 85-90% 1 60.00 $60.00 $498 —
840–1300 1008 85-90% 5 70.00–75.00 $72.45 $730 —
945–1120 1042 85-90% 6 81.00–88.00 $84.49 $880 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
965–1165 1055 80-85% 5 90.00–94.00 $91.14 $962 —
990–1380 1172 80-85% 7 95.00–105.00 $100.35 $1,176 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1320–1500 1390 3 110.00–116.00 $111.94 $1,556 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1015–1065 1040 2 96.00–101.00 $98.44 $1,024 —
1290 1290 1 90.00 $90.00 $1,161 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
970 970 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,000.00 $1,000.00
1065 1065 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,000.00 $1,000.00

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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.