Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, May 15, 2023

444 head sold ·Official USDA report

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

heavy 4-weight M&L 1 heifers $235.21/cwt +43.69 vs last sale · ≈ $1,138/hd at 484 lb · 43 head
light 4-weight M&L 1-2 heifers $242.56/cwt +28.12 vs last sale · ≈ $1,026/hd at 423 lb · 39 head
heavy 3-weight M&L 1 heifers $235.71/cwt +15.71 vs last sale · ≈ $870/hd at 369 lb · 25 head

Receipts

HeadThis saleLast saleLast year
Total receipts 444 282 282
Feeder cattle 374 193 197
Slaughter cattle 40 55 55
Replacement cattle 30 34 30

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 5-8 higher and slaughter cows and bulls were 2-3 higher.

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
350–380 367 10 245.00–255.00 $250.52 $919 -3.80
410–440 425 5 248.00–255.00 $250.18 $1,063 +7.20
490 490 8 254.00 $254.00 $1,245 —
510 510 1 233.00 $233.00 $1,188 +12.70
550 550 2 220.00–227.00 $223.50 $1,229 +3.51
635–645 638 3 190.00–199.00 $195.97 $1,250 -2.70
665–670 668 3 200.00–202.00 $200.67 $1,340 —
755 755 1 200.00 $200.00 $1,510 +12.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
235 235 1 225.00 $225.00 $529 —
270 270 2 220.00–228.00 $224.00 $605 —
305–345 325 2 233.00–240.00 $236.72 $769 +8.28
370–395 380 3 228.00–243.00 $234.60 $891 -1.92
435 435 1 238.00 $238.00 $1,035 —
455–475 462 3 230.00–240.00 $236.71 $1,094 +28.18
515–525 520 2 218.00–219.00 $218.50 $1,136 +18.50
565 565 1 210.00 $210.00 $1,186 —
610 610 1 180.00 $180.00 $1,098 —
670 670 1 182.00 $182.00 $1,219 -3.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 14 267.00 $267.00 $1,161 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 220.00 $220.00 $737 +18.99
390 390 1 223.00 $223.00 $870 +18.00
490 490 1 221.00 $221.00 $1,083 +31.00
785 785 1 160.00 $160.00 $1,256 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360–378 369 25 235.00–236.00 $235.71 $870 +15.71
415–441 434 7 229.00–236.00 $234.21 $1,016 +37.50
466–489 484 43 229.00–236.00 $235.21 $1,138 +43.69
540 540 1 208.00 $208.00 $1,123 +10.48
575 575 1 195.00 $195.00 $1,121 —
620 620 1 191.00 $191.00 $1,184 +9.36
710 710 1 173.00 $173.00 $1,228 —
815 815 1 168.00 $168.00 $1,369 +3.00
935 935 1 160.00 $160.00 $1,496 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
404–426 423 39 240.00–243.00 $242.56 $1,026 +28.12
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380–390 385 2 210.00–222.00 $216.08 $832 +10.69
405–445 423 6 205.00–224.00 $213.96 $905 +27.96
470–481 478 6 200.00–211.00 $205.17 $981 +23.47
620 620 1 178.00 $178.00 $1,104 +5.00
660–675 670 3 170.00–172.00 $170.66 $1,143 +0.66
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 327 3 191.00–200.00 $196.22 $642 —
395 395 2 193.00–200.00 $196.50 $776 —
425–435 430 2 197.00–201.00 $199.02 $856 —
455–490 471 6 190.00–200.00 $195.03 $919 —
730 730 1 151.00 $151.00 $1,102 —
Medium and Large 2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
468 468 4 238.00 $238.00 $1,114 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415 415 2 210.00–218.00 $214.00 $888 —
455–475 465 3 199.00–220.00 $206.33 $959 —
560 560 1 180.00 $180.00 $1,008 —
690 690 1 136.00 $136.00 $938 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–440 428 4 238.00–240.00 $238.51 $1,021 +26.47
500 500 1 208.00 $208.00 $1,040 —
575 575 1 190.00 $190.00 $1,092 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475 475 1 190.00 $190.00 $902 +5.36
505 505 2 151.00–160.00 $155.50 $785 —
560–590 575 2 160.00–170.00 $165.13 $949 -4.87

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1000–1230 1158 80-85% 5 88.50–91.00 $89.63 $1,038 -4.47
980–1485 1231 80-85% 9 93.00–101.00 $95.79 $1,179 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
740 740 85-90% 1 69.00 $69.00 $511 —
945–1045 1007 85-90% 3 47.00–50.00 $48.66 $490 —
890–1375 1091 85-90% 8 82.00–89.00 $85.41 $932 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1215–1450 1303 75-80% 3 87.00–90.00 $89.07 $1,161 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1305–1870 1590 5 108.50–118.00 $113.45 $1,804 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1200 1200 1 94.00 $94.00 $1,128 —
YG1-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1645 1645 1 102.00 $102.00 $1,678 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
910–1050 971 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 4 1,010.00–1,230.00 $1,128.28
815–1145 973 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 3 1,100.00–1,250.00 $1,181.15
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
865 865 Young (2-4 yrs)1st Stage (1-3 mo) 1 960.00 $960.00
1020 1020 Young (2-4 yrs)2nd Stage (4-6 mo) 1 900.00 $900.00

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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.