Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, June 12, 2023

430 head sold ·Official USDA report

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

light 6-weight M&L 2 steers $226.30/cwt +21.30 vs last sale · ≈ $1,405/hd at 621 lb · 16 head
heavy 5-weight M&L 2 heifers $201.16/cwt +6.31 vs last sale · ≈ $1,143/hd at 568 lb · 14 head
heavy 4-weight M&L 2 steers $268.89/cwt ≈ $1,266/hd at 471 lb · 13 head

Receipts

HeadThis saleLast saleLast year
Total receipts 430 514 343
Feeder cattle 340 454 290
Slaughter cattle 74 49 43
Replacement cattle 16 11 10

Market comments — USDA reporter

Good day, as compared to the last market feeder steers were steady and heifers 2-4 higher. 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
390 390 1 278.00 $278.00 $1,084 -9.02
435 435 1 260.00 $260.00 $1,131 +21.59
455–490 471 13 251.00–278.00 $268.89 $1,266 —
585 585 1 225.00 $225.00 $1,316 -14.59
617–645 621 16 220.00–228.00 $226.30 $1,405 +21.30
653 653 8 223.00 $223.00 $1,456 —
716 716 8 219.00 $219.00 $1,568 +24.38
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385 385 1 250.00 $250.00 $962 -1.17
405–440 423 2 233.00–240.00 $236.64 $1,001 +14.64
475–490 485 3 248.00–250.00 $248.65 $1,206 —
520–535 525 13 210.00 $210.00 $1,102 —
595 595 1 200.00 $200.00 $1,190 —
610–630 620 3 190.00–210.00 $199.95 $1,240 +26.95
665 665 1 200.00 $200.00 $1,330 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
240 240 1 308.00 $308.00 $739 —
309–345 319 6 290.00–315.00 $308.83 $985 -1.42
405–420 415 3 280.00–290.00 $283.37 $1,176 +13.37
505–545 521 4 240.00–248.00 $244.53 $1,274 -10.07
555–585 570 2 248.00 $248.00 $1,414 —
610–630 622 3 235.00–245.00 $241.06 $1,499 +12.72
675 675 1 233.00 $233.00 $1,573 +13.03

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
250–275 263 2 225.00–230.00 $227.38 $598 —
340 340 1 223.00 $223.00 $758 —
360–390 375 3 213.00–230.00 $220.11 $825 +3.67
410–445 428 2 220.00–223.00 $221.44 $948 +16.44
455–480 468 2 220.00–223.00 $221.46 $1,036 +23.46
535 535 1 200.00 $200.00 $1,070 -1.00
560–595 568 14 190.00–210.00 $201.16 $1,143 +6.31
630 630 1 170.00 $170.00 $1,071 -18.00
670–680 675 2 175.00–177.00 $176.01 $1,188 —
740 740 1 175.00 $175.00 $1,295 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370–385 374 4 228.00–235.00 $232.75 $870 —
415–440 433 6 230.00 $230.00 $996 +11.33
455–490 473 2 225.00–235.00 $229.81 $1,087 +10.73
509–540 517 9 212.00–228.00 $217.59 $1,125 +2.34
550 550 1 218.00 $218.00 $1,199 -1.43
600–625 616 4 190.00–220.00 $200.58 $1,236 +4.64
710 710 1 180.00 $180.00 $1,278 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465–490 476 4 225.00–235.00 $230.05 $1,095 —
525 525 1 222.00 $222.00 $1,166 —
630 630 1 185.00 $185.00 $1,166 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 1 250.00 $250.00 $1,075 —
450–480 465 2 248.00–250.00 $249.03 $1,158 +14.49
505 505 1 230.00 $230.00 $1,162 -5.55
595 595 1 237.00 $237.00 $1,410 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 1 210.00 $210.00 $903 —
595 595 1 200.00 $200.00 $1,190 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
675–1080 821 85-90% 5 74.00–80.00 $77.38 $635 —
685–965 832 85-90% 5 64.00–70.00 $67.26 $560 —
690–1140 969 85-90% 10 82.50–92.00 $88.51 $858 +21.75
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
800–1240 1069 80-85% 8 95.00–103.00 $99.36 $1,062 —
980–1720 1244 80-85% 10 105.00–111.00 $107.48 $1,337 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1135–1765 1521 75-80% 5 99.00–104.00 $101.44 $1,543 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1225 1225 1 112.50 $112.50 $1,378 —
1560–1810 1685 2 116.00 $116.00 $1,955 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1130 1130 1 100.00 $100.00 $1,130 —
1745 1745 1 109.00 $109.00 $1,902 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1025 1025 Young (2-4 yrs)2nd Stage (4-6 mo) 1 900.00 $900.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1575–1805 1690 Middle Aged (5-8 yrs)Open 4 1,850.00–2,100.00 $1,983.51 —

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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.