Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, April 24, 2023

598 head sold ·Official USDA report

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

heavy 5-weight M&L 1-2 heifers $205.00/cwt ≈ $1,166/hd at 569 lb · 88 head
light 7-weight M&L 1-2 heifers $185.00/cwt +3.25 vs last sale · ≈ $1,352/hd at 731 lb · 71 head
light 5-weight M&L 1-2 steers $240.00/cwt +3.42 vs last sale · ≈ $1,212/hd at 505 lb · 45 head

Receipts

HeadThis saleLast saleLast year
Total receipts 598 620 203
Feeder cattle 530 437 163
Slaughter cattle 37 62 21
Replacement cattle 31 121 19

Market comments — USDA reporter

Good day, as compared to the last market feeder calves 2-3 lower, and slaughter cows and bulls steady.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505 505 45 240.00 $240.00 $1,212 +3.42
615 615 37 216.00 $216.00 $1,328 —
729 729 8 189.00 $189.00 $1,378 —
860 860 2 180.00 $180.00 $1,548 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–345 330 4 223.00–240.00 $231.55 $764 —
360–395 379 5 226.00–238.00 $230.69 $874 -12.39
405–440 423 4 220.00–230.00 $225.46 $954 +6.46
460–490 475 2 220.00–233.00 $226.71 $1,077 +0.71
630 630 1 182.00 $182.00 $1,147 -4.94
660 660 1 181.00 $181.00 $1,195 -6.22
720 720 1 172.00 $172.00 $1,238 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440–445 443 2 247.00 $247.00 $1,094 +5.40
470–495 483 2 240.00–246.00 $242.92 $1,173 -4.82
522 522 2 202.00 $202.00 $1,054 -18.29
571 571 4 200.00 $200.00 $1,142 -21.00
610 610 1 203.00 $203.00 $1,238 -17.01
1085 1085 1 119.00 $119.00 $1,291 -31.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 217.00 $217.00 $673 +5.00
350–395 377 3 210.00–219.00 $215.51 $812 —
475–485 480 2 210.00–217.00 $213.46 $1,025 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
488 488 34 215.00 $215.00 $1,049 -13.74
539 539 17 210.00 $210.00 $1,132 —
569 569 88 205.00 $205.00 $1,166 —
731 731 71 185.00 $185.00 $1,352 +3.25
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 209.00 $209.00 $721 —
390 390 1 213.00 $213.00 $831 —
405–440 435 16 200.00–216.00 $207.23 $901 -7.39
450–495 473 5 201.00–206.00 $203.18 $961 —
510–535 523 2 195.00 $195.00 $1,020 -9.58
560–585 573 2 204.00–210.00 $206.93 $1,186 +9.43
625 625 1 183.00 $183.00 $1,144 -7.00
682 682 7 179.00 $179.00 $1,221 +0.34
735 735 1 172.00 $172.00 $1,264 -1.01
750 750 1 175.00 $175.00 $1,312 +4.49
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–340 322 3 196.00–200.00 $198.36 $639 -11.28
380 380 1 199.00 $199.00 $756 -8.97
420–440 430 2 195.00 $195.00 $838 -3.00
470–475 473 2 190.00–196.00 $192.98 $913 -6.75
505–525 517 3 175.00–191.00 $185.29 $958 +0.84
550–590 570 5 181.00–191.00 $184.37 $1,051 -2.67
610 610 1 175.00 $175.00 $1,068 —
650 650 1 172.00 $172.00 $1,118 —
706 706 6 170.00 $170.00 $1,200 —
775 775 1 165.00 $165.00 $1,279 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
555–590 573 2 170.00–172.00 $170.97 $980 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440–445 443 2 211.00–220.00 $215.47 $955 -14.53
470–495 483 2 210.00–220.00 $214.87 $1,038 -13.59
505–540 517 3 198.00–200.00 $198.65 $1,027 -8.89
550 550 1 190.00 $190.00 $1,045 —
605–625 613 3 173.00–175.00 $173.66 $1,065 —
675 675 1 176.00 $176.00 $1,188 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 1 204.00 $204.00 $898 -6.00
475–495 485 2 190.00–197.00 $193.43 $938 -20.78
535 535 1 182.00 $182.00 $974 —
555 555 1 170.00 $170.00 $944 -23.00
885 885 1 133.00 $133.00 $1,177 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
580 580 1 168.00 $168.00 $974 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
815–965 875 85-90% 3 52.00–58.50 $54.34 $475 —
830–940 890 85-90% 4 64.00–72.00 $69.62 $620 —
775–1065 939 85-90% 6 80.00–89.00 $83.58 $785 +6.69
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
970 970 80-85% 1 107.00 $107.00 $1,038 —
895–1175 1058 80-85% 4 89.00–93.00 $90.90 $962 —
1045–1295 1169 80-85% 4 94.50–100.00 $97.42 $1,139 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1050–1620 1323 6 101.00–105.00 $103.41 $1,368 +0.54
1330–1595 1463 2 112.50–113.00 $112.77 $1,650 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
850 850 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 750.00 $750.00
795–1080 938 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 2 900.00–1,020.00 $969.12
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
985 985 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,040.00 $1,040.00
1325 1325 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 1,275.00 $1,275.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1025–1230 1128 Young (2-4 yrs)Open 4 1,380.00–1,500.00 $1,445.45 —

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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.