Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, May 29, 2023

190 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 190 383 400
Feeder cattle 133 284 241
Slaughter cattle 44 55 100
Replacement cattle 13 44 59

Market comments — USDA reporter

Good day, as compared to the last market feeder steers were 3-5 higher and heifers were steady. Slaughter cows and bulls were steady.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335–340 338 2 240.00 $240.00 $811 +0.93
370–395 383 2 235.00–253.00 $243.71 $933 +8.58
415–440 428 2 245.00–248.00 $246.54 $1,055 +22.09
455 455 1 245.00 $245.00 $1,115 +10.00
560–595 576 7 215.00–231.00 $220.94 $1,273 —
660–670 668 4 188.00–191.00 $190.26 $1,271 —
725–745 735 2 179.00–180.00 $179.51 $1,319 -2.03
790 790 1 175.00 $175.00 $1,382 —
800–820 810 2 170.00 $170.00 $1,377 ±0.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 250.00 $250.00 $725 —
305–335 320 2 258.00–268.00 $263.23 $842 +3.57
360 360 1 259.00 $259.00 $932 +6.35
410–440 430 5 250.00–263.00 $255.16 $1,097 +5.43
475–490 483 2 258.00–266.00 $262.06 $1,266 +15.82
500–525 515 4 240.00–250.00 $245.18 $1,263 +13.93
555 555 1 247.00 $247.00 $1,371 +9.00
640 640 1 210.00 $210.00 $1,344 +9.52
680 680 1 201.00 $201.00 $1,367 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365 365 1 220.00 $220.00 $803 -3.52
555–575 565 2 190.00–193.00 $191.47 $1,082 —
650 650 1 178.00 $178.00 $1,157 —

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
265 265 1 220.00 $220.00 $583 —
330–345 338 2 211.00–223.00 $216.87 $733 +13.83
380–385 383 2 215.00–220.00 $217.52 $833 +11.84
405–435 423 3 201.00–208.00 $204.74 $866 -0.83
450–475 463 2 205.00–209.00 $206.95 $958 +7.14
565 565 1 196.00 $196.00 $1,107 +14.37
625–635 630 2 180.00–185.00 $182.52 $1,150 +9.18
655–665 660 2 182.00–185.00 $183.51 $1,211 +3.51
730 730 1 171.00 $171.00 $1,248 —
895 895 1 135.00 $135.00 $1,208 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350 350 3 226.00 $226.00 $791 —
445 445 1 223.00 $223.00 $992 +3.00
500–535 518 6 200.00–214.00 $206.77 $1,071 +10.12
550–595 572 3 200.00–207.00 $203.91 $1,166 +12.63
625 625 1 192.00 $192.00 $1,200 +7.00
705 705 1 183.00 $183.00 $1,290 +3.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–420 415 2 188.00–190.00 $188.99 $784 —
450 450 1 188.00 $188.00 $846 +0.95
635 635 1 164.00 $164.00 $1,041 —
665 665 1 170.00 $170.00 $1,130 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410 410 1 220.00 $220.00 $902 -10.00
475–495 485 2 220.00–230.00 $224.90 $1,091 +4.90
505–525 515 2 215.00 $215.00 $1,107 +6.10
555 555 1 208.00 $208.00 $1,154 -3.51
650 650 2 193.00 $193.00 $1,254 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
575–590 583 2 182.00–183.00 $182.49 $1,064 —
605 605 1 173.00 $173.00 $1,047 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 455 1 201.00 $201.00 $915 +0.46

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
940–1275 1060 80-85% 3 91.00–93.50 $92.30 $978 —
1000–1250 1108 80-85% 11 95.00–104.00 $99.35 $1,101 +1.52
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
780–875 828 85-90% 2 75.00–79.00 $76.89 $637 -0.21
765–1055 947 85-90% 10 80.00–89.00 $84.71 $802 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1545–1900 1763 4 116.00–123.00 $119.06 $2,099 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1130 1130 1 100.00 $100.00 $1,130 —
1535 1535 1 111.00 $111.00 $1,704 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
905 905 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,100.00 $1,100.00
1000–1060 1030 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 1,125.00–1,290.00 $1,209.90
1080 1080 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,350.00 $1,350.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1145–1170 1158 Middle Aged (5-8 yrs)Open 4 1,600.00–1,775.00 $1,688.44 —
1580 1580 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 2 2,000.00 $2,000.00 —

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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.